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Smith & Wesson Holding Corporation Message Board

  • rockwoodpaul1 Mar 2, 2013 12:23 AM Flag

    Shares short #s likely 14.58 million "As of February 14"

    "As of January 31" 15.56 million shares short.
    Shares short data "As of February 28" will likely be released on Sunday or Monday.

    Fidelity's website shows 14.58 million shares short but does not list an as of date.
    My best guess these are "As of February 14" numbers.

    My conservative estimate: there are likely over 10 million shares short going into earnings week.
    Most of these 10 million short sellers will cover between Mon-Wed causing a chain reaction of buys.

    Low estimate: SWHC opens above 10.50 on Wednesday
    High estimate: SWHC creates a new 52 week high on Wednesday

    Sentiment: Strong Buy

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