I agree. I wonder who piloted the concept, swhc or gd?
Now to another thing, swhc is developing a separate m&p for the military. This will serve to increase interest on the retail level....woooot woooot
Were you expecting them to beat consensus by a multiple of two? You sound like a doooosh. Allot worse? They beat. They even beat your sorry guess. The best way to characterize the results: they couldnt have been better, or they beat. They did well, met and exceeded expectations, are going to grow eps, have more acquisitions in the pipeline, have a great cash position. You could have been "allot wronger"
Debney is not a gunslinger. A gunslinger would have hired 10 high priced consultants to angle into the m9 project. He partnered with GD, a rather conservative approach, but a very sensible one.
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!
I think we will see some fun and games to start, but as the market realizes the acquisition will backfill some lost eps, and the military potential is very real, and there is an anxious short position that must be covered, we base and rally.
There are 2-3 acquisitions that swhc is actively involved with, bolt on a few more and swhc is going on the move. Shorts will need to cover.
Glock is not well positioned for the new challenges in the market. They are run by a doddering old man and his girlfriend. Do you think the army is going to go balls deep with that? Compare that situation with debney teaming up with a company that does nothing but military....my money is on swhc
How does it look compared to 2012. 2013 is really an outlier as the gunmakers were shipping everything they made, shipping as fast as they could. One thing to think about is the marketshare was distributed to second and third tier brands that wouldnt be considered today. My goodness, people were paying big bucks for a taurus, stoeger, highpoint, you name it...
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.
Works well. I think funds are adding, as there isnt any loud and jazzy stuff going on to attract the retail. Short report coming out on Monday. I think we will see some net covering. The reality that swhc can hold a pps here or higher is probably taking hold, bolstered by the acquisition, which will immediately add to pps lat quarter and the army contract stuff.
They must have been reading the illustrious posts on this here message board.
Even the guy with the nutty messages is gone. I wonder if the shorts covered more. Short interst down to 11 mil shares, down from about 21 mil in march 2014
Hey - you are right about this being the most important call. I think it will become obvious that SWHC is taking share from ALL OTHER GUN MAKERS in the pistol category, with NICs up slightly, SWHC should see continued good sales. NOW THEN, as SWHC moves along, the next topic of conversation will be military supply contracts. Debney did well by partnering with a company that deals with military all day long. We should see a good reaction from any discussion on the CC about the m9 project.
Whaaaa???? that you say???? Buying??? yes, the shorts might buy to cover before year end to get their loss on paper for fy2014.
Welcome to the up-side-down world of a stock that is heavily shorted.