Why just stop at $250 million, which is ONE HALF of Market Cap when we can go big and file for $2Billion?
Doesn't matter. cause we're from the Govt., er, uh, I mean S&W and you can trust us with doing the right thing.
(Promise we won't WRITE-OFF $85 BILLION of shareholder equity again on a fence company!!)....Newbies, please read history of SWHC financial shenanigans.
LOL, Ya, have the Captain who says just stick your head in the sand for 3 months while the stock drops everyday or equity_360 who is now on her 4th yahoo ID in the past month tell you the Secondary is just going to sit on the shelf and you will certainly lose money.
You want to invest in gun stocks?.....Go buy a physical one, not a paper one that has $250 million Secondary coming up that is going to price at $8.00 and drop the stock quickly to those levels.
Oh, you mean NEW mgmt. that gave out 100,000 share lot options priced at $1.47?
LOL, ya, they're looking out for who again?
Wash off the stink and it's the same ol "steal from the company" with new boyz at the helm.
No, they did it before with a $50 Million shelf offering and blew the whole wad, bought a fence company and sold it for and LOST $85 million on transaction.
Secondaries are put out there to tell people something is coming up, so they don't get sued when they buy something and price the Secondary at much lower price than stock is at currently.