Can the shorts drive it down again? Do they really ant to when they know the next qtr will also be strong?
Remember if guns sales leveled off tomorrow, SWHC would be making about $1.70/year!!!! That is a P/E of less than 6!
Retailers still need to build their shelf and backstock inventory.
Increased awareness (thank Obumma) , and new demographics(women), will fuel future growth.
What is the short story???? Really? Hedge funds believed Obumma would take guns away (Fast & Furious), and they bet accordingly? His effort, if not over already, soon will be with his focus just trying not to be impeached.
Would he be the first US dictator to be impeached?
ever heard of sell the news? last quarters great earnings did nothing but sink swhc.... swhc great earnings should be surging the stock price but it isnt. the volume tells you earnings are already baked in the price.
I seem to recall that there were some political issues going on at the last earnings release. And pension funds were selling. Let's keep an open mind about this earnings release...and the other announcements.
jrbornagain - The sad truth is some stocks just seem to get stuck in a pattern of sell the news. Doesn't mean they can't keep making new highs by running up into future earnings releases though. DE is another example of a stock, although not a political hotbed stock like SWHC, that keeps reporting earnings beats and gets smashed every time (partially due to management sandbagging).
Long term holders just have to play around this, by trading around their core positions.......Or not, depending on their style.