Interesting...I assumed that the company whispered something to the analysts, or that an acquisition was pending. I hope that you are right.
This talk of buying other companies and diversifying has killed the stock this year. Why even talk about it until you actually have a target???? My anecdotal comment is that my local gun shop is packed...Gander Mountain and Cabela's are not. So diversifying could be a bad move. Would prefer that they buy into shotguns, rifles and ammo. Not deer stands.
I agree. One large investor, no fund support. Just pray that they are current on workman's comp and are accruing costs accurately. Those issues took down a lot of staffing companies. I assume that the Post office reviewed this before awarding the contract.
Why isn't SWHC moving to Texas? One million permit holders and a business friendly environment. And from my prior years living there...they are extremely loyal to their local businesses.
Also talk about cancelling the bid process for the M9 replacement. I used the opportunity to re-open my trading position at 26.75. A bit early as it turns out, but we will see.
The army is arguing that the procurement process costs more than buying the pistols. Leading General says to just buy Glock 19's. I do not disagree...the process is too stifling. A team of eleven special forces soldiers/marines should decide over a great weekend at a Texas shooting range.
As a former history teacher, go easy on Hoover. Really smart guy, entrepreneur (invented process to make nickel)philanthropic (started boys/girls clubs I think) and was a trusted advisor to the next five presidents. He believed that private charity should raise people out of poverty, not government. Very interesting guy.
Oh they are working for a living...those protesters are bought and paid for by Soros and others, who are funding radical groups to disrupt our political process. SWHC will be up today after the bombings in Brussels.
You are a fundamentals guy like me with a feel for trends...but there is little coverage for small caps anymore. The I-banks can't charge enough for big M&A deals to cover these companies. Too much sizzle in the big tech names. I bought when Obama was elected...saw this gun grabber trend going on...learned to play the mass shooter game...and just bought a nice walleye fishing boat after taking last year's profits. My new interest is a company called Command Security...MOC..microcap but only pure play security guard company. I am not a pumper, but look into it.
Why even point out liberal hypocrisy? They fly private jets into global warming conferences...and then retire to their 300 foot yacht. And want to ban my Weber grill?
As other posters like jrhauri have noted, the company is out of capacity to meet demand. Has this translated into higher prices at the local gun shops in your area. All I know is that I can't get service on a weekend (too crowded), and there is no .32 S&W long ammo anywhere.
I would hope so! their investors should have his scalp! And to all those pension fund divestors: See Ya...Hate to be Ya. I am amazed that a big investor or group has not acquired the company. It is a perfect target to take private.
One factor I like is that when a company is beating earnings like this, they load up every accrual account, expense whatever they can, and raise loss reserves wherever they can (as if gun dealers are defaulting-lol). So there is rainy day money to spare. The possible reason for this earning surprise is that the accountants told the company to quit managing earnings to such an extent.