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Smith & Wesson Holding Corporation Message Board

  • dontbetheball dontbetheball Apr 11, 2014 2:07 PM Flag


    I trade a small amount of shares. Hold 2000 long term at $3-5/share. But when it drops 15% I am adding a trading position. I just don't want to miss the inevitable short squeeze when the company announces improved margins and earnings. Or a nice LEO contract.

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    • Overall market news is suggesting broad based sell of is a result of over valuation. I do not agree. Most of the over valued stocks are not tipping the scale enough to lead me to believe this. With stagnant and some what undesired news/events in the over all economy, I would be more inclined to preclude that the big boys are making sales hoping to get the retail guys to follow for a better buy in price. The VIX previously stated in another thread, shows that retailers are not falling for it or at least not as much as the big players were hoping for. If there is going to be inflation from the Fed's easy money policies, stocks will have the biggest profit potential. This is a last chance effort being taken to get in at a better price. It was done in January, but nobody knew this winter was going to be as long and nasty as it was. Financials suffered too, so why not use a weak earnings season as leverage and an excuse for a sell off. If projects were delayed because of our nasty winter, those projects still have to get done right. Business will resume, just a little late this year.

29.43+0.59(+2.05%)Aug 29 4:00 PMEDT