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Smith & Wesson Holding Corporation Message Board

deu_diligence 1 post  |  Last Activity: Jun 24, 2016 12:27 PM Member since: Feb 4, 2002
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  • deu_diligence by deu_diligence Jun 24, 2016 12:27 PM Flag

    Once the underwriters have sold 1.87 million shares under the green shoe provision the stock will most likely rebound. With the stock having traded over $2 for some time after the deal was closed, I assume most of those shares have been already sold by the dealers in the underwriting.

    Buying under $2 is a deal for patient investors.

27.18+0.52(+1.95%)Jun 30 4:00 PMEDT