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Smith & Wesson Holding Corporation Message Board

capn_intriguo 6 posts  |  Last Activity: Mar 5, 2014 4:59 PM Member since: Apr 3, 2003
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  • Long or short holler if ya feel me.

  • How are you doing it? Literally, I tried to do so using my online broker but was told that it is restricted, and shares are not available for shorting. Please advise. I'm serious. Please don't hate on me because this thing is a sell.

  • Lord knows I have made nice cash long this beast. That was the ez money. Shorts are being ripped here, but they will have their day. I dumped everything today (300 shares). 100 of what was left from my 1.82 (500 shares) position I established years ago, and 200 I picked up at the close yesterday at $11.70. Look to sell the open tomorrow. Maybe re-establish in the low 12's if you are a believer.

    Good luck to all. I love this stock. The company is another matter. Now watching RSH cautiously waiting to see if it can stabilize for a few months.

  • capn_intriguo by capn_intriguo Jan 16, 2014 8:07 PM Flag

    For a a cheap stock this thing has a lot of volatility. Every stock has a personality. There is a pretty healthy float on this thing, and institutional players seem not to have had a lot of love for this can. That will soon change. This business has a very long business cycle. It would actually help this stock if more people would be short it, but I guess the majority of smart money would view such a play as just dumb. But do please try. Shorting a ten dollar stock or less could be so ruinous but if people are so full of confidence and ignorance all I can do is wish them luck and great success. Management could really get this stock to move if they did a reverse split. I believe it would cost the company basically nothing they could tighten the float, which would accelerate price movement. Think about it, if this was now a $22 stock, it would still be following the upward momentum it has, and a smaller float would be headwinds. Just a thought. I've got 500 of these honeys, and am looking to accumulate more on pullbacks. Good luck to all.

  • capn_intriguo capn_intriguo Jan 9, 2014 5:56 PM Flag

    Not really sure why I would lie. I know I am wiser about this stock than anyone else, again $1.82 a share dude. I wished I had owned more. An opportunity this great and this easy is a once maybe twice in a lifetime. If you are long and continue to believe there is more room to run best wishes and good luck, my race is run, adios. Philosophies and beliefs are interesting to share and discuss they really have no place in making investment decisions and in the long run will probably lose you money.

  • This party is just about over. What we are witnessing is the nearing of the capitulation moment for shorts. They are at the point of maximum pain, and are throwing in the towel. They couldn't have been more wrong bout this stock. They are desperate and need stock, but guess what a-holes. Not too much of it around at these levels. I put mine up at 16.50. I expect they will reach for it in the next few sessions, They will cover at the top (from me (and perhaps you), and this thing will then promptly collapse 3-4 points at which point I will consider buying it back. The EZ money is over for this thing. Don't really care for guns myself. Kind of wish the govt. would buy out these companies (lord knows this thing is dirt cheap), and put an end to this national insanity over guns. My philosophy is I wish they were illegal, but if morons want to buy these things, that is their legal right, but wished it wasn' so. This investment was my best play ever. Thanks for the memories stock, and congratulations to those who "stuck to their guns" and used common sense rather than hype and hysteria to make a very sagacious investment.

    Best to all.

SWHC
10.09+0.08(+0.80%)Dec 24 1:00 PMEST

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