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Smith & Wesson Holding Corporation Message Board

  • lorde_chatterly lorde_chatterly Apr 21, 2013 10:18 AM Flag

    Both Debney and Furman are Bagholders !!!

    Between the two of them, they purchased 7000 shares right before Sandy Hook (12-14-12). The purchase dates are around 12-10-12, and in the 9.85 range. Take a look at Insider Transactions and you will see what I am talking about.

    Now I do not think they would buy at that price, if there was not an expectation for the price to go up, right ?
    Unfortunately, the Sandy Hook incident occurred.

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    • I looked. You are correct. However, the quantities are very small. They would almost be lunch money for these 2 except I bet their lunches are free (paid for by the company). In view of all the shares that they get for free, it is hard to figure what they were up to when they bought these few shares. Maybe they were bought for show, to take some heat off themselves over all the free shares they get.

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