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Smith & Wesson Holding Corporation Message Board

superbowl6wins 137 posts  |  Last Activity: Jul 12, 2016 5:49 AM Member since: Apr 16, 2011
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  • Reply to

    Liabilities greater than Assets

    by superbowl6wins May 6, 2016 9:01 AM
    superbowl6wins superbowl6wins May 6, 2016 11:11 AM Flag

    You ever heard the saying " yer pissin' into the wind "

    That's your answer ? Thanks for the reply, that explains everything. Sorry you can't THINK of an argument the subject matter is far to deep for you I'll try to keep it simple for you next time.

  • superbowl6wins by superbowl6wins May 6, 2016 9:01 AM Flag

    That's a red flag for BK. It usually shows up as a negative Book Value which if I recall is negative over 5 bucks. This company sold assets and applied them into the earnings to make it look like the numbers were something they were not. Smoke and Mirrors. This company is in trouble and the Bond holders might not ever see 100 cents on the dollar. The stock will be cancelled if they can't turn this around . There are only so many assets you can sale, I would keep track of what they sell and is it a fire sell and will they even tell you what and how much ?
    I'll never get back in but I am interested in seeing what happens to see if i'am right, and I could be wrong. it wouldn't be the first time. Good Luck !

  • Reply to

    Earnings Report = 30% increase in PPS ?

    by superbowl6wins May 5, 2016 10:27 AM
    superbowl6wins superbowl6wins May 5, 2016 10:59 AM Flag

    You might be right but again I have been trading stocks for over 50 years and in doing my DD I found both positives and negatives that didn't always make sense. My "GUT FEELING" told me not to buy the stock but I got a small position in LGCY and LGCYO which I sold yesterday (at a Loss), because I had a "GUT FEELING earnings would be bad and they were.
    Bottom line, I will NEVER buy this stock again, and I got 2 bottles of Tums for my "GUT FEELING". Good Luck to you!
    I still feel the PPS will come down if not today, tomorrow.

  • I admit I don't understand how this stock with that poor report should get a 30% increase in PPS just because they sold assets and make it look like earnings. The MISS in Revenue big time tells you things are not good .

    I don't seem to be the only one that feels the report was bad, Zacks lowered the "Value" and "Growth last night but still have a "hold " on the stock.

  • Reply to

    Revenue missed big ! She will drop to $2.65 !!!

    by havy1369 May 5, 2016 7:51 AM
    superbowl6wins superbowl6wins May 5, 2016 9:30 AM Flag

    I think when the BIG BOYS get in this stock will turn red. I maybe wrong but I've seen this before, aftermarkets up and day trading down.

  • Reply to

    dubious distinction

    by m20m75ph May 3, 2016 8:51 AM
    superbowl6wins superbowl6wins May 4, 2016 10:25 PM Flag

    I guess Schwab has some integrity. TD Ameritrade surely doesn't.

    At one time I had 3 brokers so I could use their research screens, TD waterhouse, C. Schwab, and E-Trade. One thing I noticed was if I put a Bid price in for a stock and TD could get me that stock at a cheaper price, they would and saved me some money. The other 2 brokers NEVER got the stock cheaper it was ALWAYS at the price I put the bid in. If they got the stock cheaper THEY KEPT THE DIFFERENCE. E-trade and TD always got my shares sold faster than Schwab if I sold the same stock at the same time with 2 brokers.
    I will never leave TD Ameritrade because of the way they treated my trades and Schwab would be the last broker I would go with.

  • superbowl6wins by superbowl6wins May 4, 2016 5:01 PM Flag

    At 1649 ONE share was traded for $2.95 for a gain of .50 cents. The OTHER 13,124 shares traded for $2.46

  • superbowl6wins by superbowl6wins May 4, 2016 4:54 PM Flag

    They used the Asset sales to make the other numbers "LOOK" good. I think the company did the best they could under a bad Oil market but it was not a good report when you dig into it and study how they got what "Looks like" good numbers. I'am willing to give them time to turn things around.

  • Reply to

    Big Time Revenue Miss

    by superbowl6wins May 4, 2016 4:18 PM
    superbowl6wins superbowl6wins May 4, 2016 4:39 PM Flag

    loss after backing out gain from debt extinguish only 35 cent ... much better then consensus of 64 cent

    But wasn't that debt extinguish come from selling assets and if so that's not "EARNING a profit".

  • 38.4M vs 34.7M expected and 0.00 earnings vs negative 0.03 expected. the way I read it !

  • superbowl6wins by superbowl6wins May 4, 2016 4:18 PM Flag

    65.8M, expected 83.9M

  • superbowl6wins by superbowl6wins May 3, 2016 4:26 AM Flag

    100 shares at the closing price 3.64 and 100 shares @ 3 bucks.

    The earnings were very good, and DEBT was paid down, we "should" have an up day, if not today, in the next few days after they are done playing with the PPS. Good Luck Longs !

  • superbowl6wins superbowl6wins May 2, 2016 8:50 AM Flag

    superbowel has never been right once....

    And either have you been right. Nobody has been right or wrong nothing has happened yet. I only state the FACTS and they have ALWAYS been RIGHT !
    If you think you know everything then PLEASE BUY MORE RAD. Go ahead "Back up the truck"! Make my day !

  • superbowl6wins by superbowl6wins May 2, 2016 5:34 AM Flag

    When you read this just change the word "OIL" to "DRUGS" and the company names to "WALGREENS and RITE-AID".

    Oilfield services provider Halliburton Co (HAL.N) and smaller rival Baker Hughes Inc (BHI.N) announced the termination of their $28 billion merger deal on Sunday after opposition from U.S. and European antitrust regulators.

    The tie-up would have brought together the world's No. 2 and No. 3 oil services companies, raising concerns it would result in higher prices in the sector. It is the latest example of a large merger deal failing to make it to the finish line because of antitrust hurdles.

    "Challenges in obtaining remaining regulatory approvals and general industry conditions that severely damaged deal economics led to the conclusion that termination is the best course of action," said Dave Lesar, chief executive of Halliburton.

    The Justice Department and Federal Trade Commission, which enforce U.S. antitrust law, have filed lawsuits to stop an unusually high number of deals in the past 18 months. Lynch said last month that the number of big and complex deals being proposed made it "a unique moment in antitrust enforcement."

    Bottom line the merger will never happen and RAD PPS goes to 5 Bucks Tops.

  • They know the meaning of "Dead Money" and the high risk of losing even that if the deal doesn't go thur.
    The fact that they are gone has to tell you something. Think about it. Good Luck.

  • superbowl6wins by superbowl6wins May 1, 2016 9:59 AM Flag

    "I now think that Rite Aid is being run down while this deal waits clearance," Cramer told Real Money last week. "I think Walgreens' stock represents the worst possible scenario: no Rite Aid to fix up and no chance for the company to expand away from it."

    This deal will never happen and is a drag on Walgreen shares..........

    Investors with questions on how to trade Rite Aid (RAD - Get Report) , should really focus on Walgreens Boots Alliance (WBA - Get Report) given the waiting process for regulators to approve (or turn down) the impending merger between the two drug store rivals. The delay is a drag on Walgreens shares, according to TheStreet's Jim Cramer.

    "Rite Aid is about Walgreens and I wish that this deal would either close or fall apart," Cramer said Monday. "If the deal were to close or fall apart Walgreens would very quickly go $90 and that would be perfect."

    Merger was a Bad Deal for Walgreen from the start. GREAT DEAL for RAD ! Less

  • Investors with questions on how to trade Rite Aid (RAD - Get Report) , should really focus on Walgreens Boots Alliance (WBA - Get Report) given the waiting process for regulators to approve (or turn down) the impending merger between the two drug store rivals. The delay is a drag on Walgreens shares, according to TheStreet's Jim Cramer.

    "Rite Aid is about Walgreens and I wish that this deal would either close or fall apart," Cramer said Monday. "If the deal were to close or fall apart Walgreens would very quickly go $90 and that would be perfect."

    Merger was a Bad Deal for Walgreen from the start. GREAT DEAL for RAD !

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