I think they are in the midst of merger/acquisition discussions, therefore cannot sell unless as part of a pre-established sale plan.
Otherwise, believe me, the insiders would be selling here like whooores on street corner. They aren't sellingbecause they know there is a brighter day.
Director goldman has a bucket of options in excess of 300,000 that he wants to cash in so he can retire.
The shorts have run a dazzling and confusing book here. Mondays slamdown with naked shares was supposed to set a trend for the week. Ha. Price went up and they had to cover higher today.
This is going to happen again.
Oops I forgot. The sec lets mms sell fantom shares to buyers.
I always thought if a buyer wanted shares they should raise the bid high enough to convince someone else to sell. The sec allows fantom share sales even to the extent of slamming the price down.
I agree with you. Ruger has been like a white knight on a silversteed, blasting through the sky on a supersonic bullet train. But call the doctor, this erection has lasted for more than four hours. Short to $55. Better get long on swhc, I think they are about redy to swallow a bottle of Viagra.
Swhc was Not geared up for sandy hook, but this year they are geared up and the downstream supply chain is running at a higher rate.
Its not so much a matter of higher demand, but production capacity...
So the shorts might get a surprise if the were waiting for December sales to fall precipitously.
Its just too bad lourde chatterbox sold calls at $12, December, ha.
I just looked at the volume associated with the big drops today. The mms were busy flipping to each other at low prices.
I think he did. First because of uncertainty for the October quarter.
Eight days in TOTAL SHUTDOWN is crazy. I can see where they might need some time to synch up with SAP, but not a total shutdown, not eight days
Wow. The drop off is not as high as expected. Still steaming along strong.
It just goes to show: the revenue was not limited by demand, but was limited by supply. Sell through is still strong.
smith is going to have a great quarter!
This was a good effort on the part of the MMs to slam the price - short lived, but amazing manipulation using just a few shares (say less than 50,000 shares) to shake out some weak hands.
Oh - and look at this one:
".it is not right for the benefit of this forum for me to be down on SWHC as such."
What a crock! If he feels that there are legitimate concerns about the valuation of SWHC, please let everyone know.... instead we get the melodrama ".it is not right for the benefit of this forum for me to be down on SWHC as such."
Dopey just announced he was short SWHC.... I guess in his world, selling calls is not being short... but hey, you short the call, your short the stock; same sentiment, same motivations.
Sounds alot like Dat???
If I were short the stock, I would write inspiring messages like Lourde Chatterly's as well.
I wish they gave sw the same valuation as crocs or twitter. You are dead on about revenue numbers. I think they will beat on 12\10, and this quarter might get some carryover from the lost eight days. Remember they aren't building for inventory quite yet, I think it's all sell through still.
And too, the shorts last hope was for an executive order. Well, after the health care fiasco broke open, the red state democrats will not tolerate any more tom-foolery from the administration. The red state dems are fighting for their very lives, and some wild exec order just might just finish off a few more.
If the Republicans take the senate, Holder is done for, Obama is the lamest of ducks, Hillary is called to testify on Bengazi, and Supreme court nominations will be determined by the Republicans. The dems know this, and that is why they killed the filibster and will be loading the dc circuit.
It would be an LTM, or trailing four quarter number, as to when the shares are measured, it is likely on a monthly basis. You are asking me questions that bring back painful memories of studying all that &^%$ in college.
The first step toward calculating simple EPS is determining the weighted average number of shares (WAS) outstanding. While earnings accumulate throughout the year, the actual number of outstanding shares often fluctuates. This information can be found on the balance sheet's shareholder equity portion.
Calculation example: Company X had 400 shares outstanding in the first and third quarters, 600 shares outstanding in the second quarter and 2,400 shares outstanding in the fourth quarter.
Note: Remember that four quarters of three months each equals one year: One quarter, or 3 months/12 months = 0.25
Q1: 400 x 0.25 = 100
Q2: 600 x 0.25 = 150
Q3: 400 x 0.25 = 100
Q4: 2,400 x 0.25 = 600
100 + 150+ 100+ 600 = 950 total weighted average number of shares outstanding.
Be careful. For eps and other gaap purposes, outstanding shares is based on an averaging or weighting method.
For non gaap purposes such as. Enterprise valuation or market cap, it is based on actual outstanding at a point in time.