Recent

% | $
Quotes you view appear here for quick access.

Smith & Wesson Holding Corporation Message Board

  • llllorac llllorac Jul 24, 2013 10:16 AM Flag

    Management gets clue about buyout attempt

    Did you ever consider the tender was a way for management to determine how eager investors would be to sell out to them? It obviously isn't going to happen at $11. I stand by my forecast that management will make an TOTAL BUYOUT OFFER within the next 2 years and take the company private. THAT IS THE FLOOR....and it's allot higher than $11....this is going to cause some real pain for short sellers. (Who I love). Why? Because they are making me money.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • You are quite delusional to think S&W is going to get bought out. Mgmt. is taking this back to old high of $22 to make us all rich!
      Luckily you gave yourself two years to cover yourself. Sheesh, sure your name isn't littlerac?

    • Floor is right. The shorts are all in the red at this point, and now realizing they will be (or may be) doing battle with open market purchases, perhaps they will relent and cover. Game over. For the short ones.

      I think the tender offer was made in an attempt to stave of a hostile buyout. SWHC needs to do the math and let it happen. Shorts will begin covering soon, and I don't mean cover and reshort, I think they will hit the exits and never look back.

      I am holding this without thought of trading - once a short cover starts, it might get punched up $10. Don't be left at the station.

 
SWHC
18.03+1.81(+11.16%)Aug 28 4:00 PMEDT