A downgrade because SWHC shows signs of slowing sales ! and it's topped out ! What Palm Reader fortune teller moron has the nerve to make that statement with on no basis........ or should I say, How much was he paid for the downgrade!!!
Get in now before earnings folks.. This is a huge opportunity !!!
I think you have it right Lou. Even if background checks drop 20%, it's still 30% higher than last years' high. I added at about 11.00. The only thing i see are nervous shorts who meet the press with a dumba---s downgrade, compounded by a fiat economy and create some more room for this thing to go up when Smith beats the highest guidance by 15-30%. People are arming up, as they should in light of the obvious decay in the moral fabric of this country. jmo. I hate to see people lose money, but if Datbe wants to short this thing some more, all i can say is 'happy tax write off to ya Dat'. glta
Leveled off at levels above SWHC ability to manufacture guns any faster... Your not looking at the big picture datbe.... look at the PE ratio, this stock is way under valued already from the political BS.
You always forget to mention that the board members sold a small part of the stock they "control" through their ownership of other holding companies that own S&W... and they were planned sales which they do on a regular basis. It's how they "get paid". They sell off part of the stock options they get....the directors who sold still own betwee 3/4 and 1 million shares of SWHC ... If you had read disclosure statement released before the October 2012 shareholders meeting you would know that. You are talking your book too...at least get the facts straight.