So this GD partnership seemed a little odd. Why team up with GD for one project? What if they are thinking about doing another GD, THIS TIME A JV to acquire colt. Now they leverage GDs strength in govt contracting over a broader product line. And maybe GD can finance the DIP and then roll up into. GD SWHC JV WITH CD.? Eh.?
Sorry to let the cat out, but i am just a pumper here!
Nice to have a pending bid for 11,500,000 shares. It tends to move the issue in an upwards erection.
Note to shorts: if you have an erection lasting more than 4 days, please call you doctor.
Either to stop further losses or preserve some gains. The ballgame has changed abruptly and the shorts need to move their valuation up.....
Where to sell, i am wating for volume to slow, but not yet, i think the shorts will push it up to cover, then short it down. One thing for sure, the level of short interest will fall, as the bruised and battered short boys go on to greener pastures.
Could this be the start of a MOASS?
Watch for the cover and reshort routine....covering for a few days, and ramping up, but then shorting back down....calling this top will be difficult, watch volume.
Still comparing to last year? Thats not sound reasoning and demonstrates a lack of understanding for what has been going on. Look at the longer term sales growth and try not to include the spike years, or at least smooth those out.
I wouldn't agree with what you are saying. The market, due to low info and anti gun bias, has discounted gun stocks. Note too, that most gun companies historically, have been run by gun nuts rather than business people. Swhc is now a top class company, with credible management. The guy over at Ruger still yells at the analysts.
Now couple that with an acquisition that added significantly to revenue and CASHFLOW, together with the recent revelation of future earnings, and you get a financial journalist using words like 'inflection'.
None of that aids the short theory. It all runs counter to it.
Hillbilly, i think the accumulation/covering will continue as there was no real let off except from the hod.....this just might keep going up!
But they didnt mention that beretta got rejected. They ran an old story and redated it.
All them shorts. I suspect that many of the current shorts shorted FROM $16, so they are covering for sure. Why wait around for your profits to evaporate...
Check out the new article from Wunderlich Securities. They are indicating a potential inflection point here. If the shorts read that they are going to soil their britches.
Cool. I thought about it, but there is a loaded cannon ready to go off, ie the massive short position... I want to be here when the shorts start to run for the exits.
I enjoy the sprinkles. Even though speculation and good fun, it does make the shorts choke down some stomach acid.
Yes, it has to be Dat,,,
-always said he never shorted,
-always said he never did anything on margin,
-thinks the use of an alia is weird, when he has used three in the past,
-next he will start talking about silver.
With all the #$%$ running around the world cutting offf heads and shootin up the place, you better believe that more people will get a ccw permit, and maybe invest in a nice compact carbine auto loader for the trunk.
Naive morons. The thought didnt cross their mind that many in this country are ALARMED at what they are seeing take place with isis. That alone will boost gun sales 1-2%. And when those maniacs finally hit the lower 48, there will be another rush to the gun counters as the east coast liberals get their ccw permits.