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Smith & Wesson Holding Corporation Message Board

  • jafa02155 jafa02155 Feb 2, 2013 5:26 AM Flag

    The Longer it goes

    This is a double edge sword ,the longer the gun debate goes on the more likely nothing gets done, but then again the market does not like the uncertainty so as the earnings date gets closer I believe we begin to go up.. There comes a time when common sense must prevail, with Oln ( winchester brand) indicating how strong orders were for ammo I can only imagine the gun orders.My local store is and remains pretty much wiped out, with people waiting a 1/2 hour prior to the store opening on a daily basis, also for all the new license applicants they do not just buy 1 gun, it becomes invigorating once you purchase number 1 , they usually purchase 3 (on avg).... I have a ton of SWHC ...Im either going to be on the Titanic or cruising in the Carribian.....

    Sentiment: Strong Buy

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    • Not that it's needed, but I will throw in some more anecdotal evidence. I had to go to Police Dept this week to get fingerprinted. I'm taking a new job and they need to run a background check. The waiting room was full and everybody seemed to be talking about guns, When I got called back, the guy fingerprinting me seemed a little frazzled. I asked him how his day was and he said it had been crazy the last several months since the whole gun debate had started. He said they were 10 times busier with people coming in to get fingerprinted for background checks due to weapons purchases. He said every day was like that anymore. Seems that the governmental push has had the opposite effect of what was desired. I think once the stock breaks our of this range, it will really start moving. I'm in that same boat with you jafa as I have been building a position over the last month. For both of our sakes, I hope we are in the Caribbean....

    • Hope they have conceal carry on that cruise ship!

      Sentiment: Strong Buy

17.52-0.29(-1.63%)Oct 6 4:00 PMEDT