I was actually thinking about the M&P 9mm myself! I have a 9mm Shield but my wife has trouble with it due to numbness in her hands. So, it might be time for me to go get that 9mm M&P and buy my wife a 380 bodyguard to keep under the seat of her car in case she finds herself stranded somewhere the lunatics are lurking.
I see my Minnesota State Permit to purchase firearms has expired (only good for 1 year here in Liberal Minnehaha Land), so I'll have to apply again for that. Then, I'll count as one on the NICS chart when I get both of those. That's why I don't buy the NICS numbers and the "new adjusted" NICS numbers that the libs like to use to make it appear like less guns are being sold to law abiding citizens. Oh well, to each their own.
We are probably entering a quiet period where the mms are just going to trade 100 or 200 blocks of shares with each other causing minimal price movement either direction. As Debney referenced in the cc, the army scheduled a fourth industry day in July, which SWHC received the draft RFP for 500,000 units. He stated that SWHC is developing their next-generation M & P pistol just for that army contract. I'm sure that a good share of the new 50 million capital investment in 2016 is focused on that contract. So, until we hear more from that, we are probably going into a quiet period until something is announced about it.
Looks like those Greeks still don't get it. Nobody told them that the money tree in their back yard was imaginary. All of them standing in front of banks, crying, and praying that their ATMs and banks will again open. Where are my freebies????? Their demise is smaller than what Apple has in their back pockets to bail them out. NO problem to USA money. Unless, of course, Obama can somehow create another taxpayer funded USA bailout and guarantee all of the Greek`s pensions. You know, we must do that. Weren't they victims of the Romans? Time to pay up!
Greeks live in a lazy and entitlement mentored society. They are also people that think their #$%$ doesn't stink and are the most arrogant people I know. The working class goes on "holiday" 4 months out of the year and receives these "pensions" when they are 52. They piggybacked themselves on the euro and bleeded that so far into debt that they can't get out. I have no idea why this is causing a problem to the US stock market. This is an invented market manipulation. To put it in prospective, Apple has enough money to pay off all of Greece's debt. Market manipulators are just trying to tank stocks to make a new boat load.
and to think my reply to you earlier was deleted by the yahoo police with your name to boot. Read between the lines this time. The little boy shorts ARE covering, but not the big boys like Bloomberg. The little boys don't like taking it up the p!!p chute because it is uncomfortable LOL. The future PE of 14.5 makes SWHC a buy on any dips. If you think SWHC follows any market trend, you are sadly mistaken. We are only 28 cents from today's new 52 week high and then all shorts will be under water. I hope you are short and a long short.
Yes, indeed. This can't go straight up every day. Some have to take some profits off of the table. You can't blame them. Another 28 cents from today's new 52 week high, and all shorts are under water with 18 days to cover. You also got to love that 14.5 future PE. Room to buy on every dip.
I have been very blessed with SWHC. I bought it 5 years ago at 5.50 for 10k shares. I bought it at the time because Obama came into office and wanted to take our guns away and threatened the 2nd amendment. I watched my investment go down to less than half of that. I thought...what a stupid idiot I am. Hamann pounded his chant of gun sales are over. Also, he had a following that thought that everytime a shooting happened, gun company stocks needed to be shorted further. Oh, if only each shooting could involve a Smith and Wesson, we can take that company down...just like Lehman Brothers. Well, those days are long gone. It is now documented clearly and undeniably that all demented nuts admit that they search out victims where signs say guns are banned. The media will not put this in their articles. These nuts know they can go to these gun free zones and kill because there is no one there to shoot back at them. They are cowards. There are tons of mass shootings that are stopped by conceal carry people, some with victims, that the national liberal media does not publicize. Many, as I do, refuse to go into a public establishment that bans guns. I really don't need to put myself or my family members in undue danger. I want to be where if I'm not carrying my Shield, someone else may, and stop the idiot. These liberal nuts need to raise their IQ about guns. Churches, schools, shopping centers, restaurants...national, state, city and regional local parks, politically identified affiliates, religious, race, and all other minority locations need to protect themselves from these lunatics.
Hamann is probably still in denial, researching to find a flaw in the statistics for rising NICS. At some point, even his loyal followers will bail out. We are only 50 cents away from when the 8 million shorts will all be under water. If today's trading model happens tomorrow, that will only take a mere 3 hours.
Ruger sits at a PE of 37. SWHC is at 17.7. SWHC future PE is under 15. We still have more room to rise, especially since most analysts have a price target of 21 on the stock. The way Debney is running the company, it surely can do better than that.
This is the perfect chart for SWHC. Rise big on big volume, get weak shorts out and MMs drive price lower for new longs to enter. Sting the persistent shorts with another big rise on large volume and get more shorts out. Rinse and repeat. We don't want this to go straight up, just a slow and uncomfortable draining of shorts pocketbooks.
There is an excellent article out on Fox News opinion web page on how killers search out gun free zones such as the recent church murders and other public locations where guns are banned. What cowards these nuts are.
If you needed more shares in your portfolio, that was the safest time to add. I don't think you will see shares much lower. You may have to wait for more news to see too much advance, but it will be coming.
The shorts can only ride the falling gun sales from 2013-2014 for another quarter as SWHC enters year 2016. The NICS are rising from last year's May numbers (~5%) and all of this racist jargon and promotion of rioting by the POTUS is adding to more gun buying. We still have another 1.5 years of the best ever gun sales guy leading the country, or should I say the most inept president our country has ever had.
Right. What does it matter? I like the whole scenario. They beat big time. Debney lies in the weeds in the forecast for 1st quarter, which is always the weakest quarter. He will probably beat on that big time, too. SWHC has diversified and can grow with their acquisitions. If you are long and don't need to sell like me, just let it unfold. The worst thing that could have happened would have been an opportunity for a big pop which would have brought on a bunch more shorts. I like the fact they are off balance. We still have the military contract coming up. Debney likes to torch the shorts and I hope a bunch more shorted. The opportunity to slowly rise is ahead. Rome wasn't built in a day.
You are correct with everything in your post. They deserve their pockets to be emptied. What a waste of time and effort. Did they really think they were going to repeal the 2nd amendment? It's also hilarious how they shorted even harder every time a nut went ballistic in public. Well, this constant rioting is selling a lot of guns. I wouldn't be surprised if Debney doesn't keeps 18 wheelers loaded at the dock with drivers on standby. "Take this load to Ferguson...Take this load to Chicago...Drive these 3 loads to Baltimore". If it wasn't so sad to what these liberals have done to our country, you would die laughing.
Yes - Dougherty & Co. raised SWHC to a buy with a price target of 17.50. The volume has started picking up as it always does as the stock price rises. I don't know if it's shorts slowly exiting or buyers who smell a bargain. In any case, SWHC is rapidly paying off debt, and I mean RIGHT NOW, and I think there are a bunch of nervous shorts. Only 3 more trading days until the announcement. Debney never misses and all of this debt payoff stuff can only be good news. Shorts have been losing money the last month and a half on this and I bet they are leaving in as orderly fashion as they can.
I'm also sure the Bloomberg cronies and other lib journalist sites are feverously working on their negative spin articles. Probably the best they will be able to do is SWHC profits drop XX% from 2014 from falling gun sales. You know it's coming....
Considering that they paid off the full 100 million from their revolving line of credit, which some was used to buy Battenfeld and are going to redeem all of the 100 million in senior notes due in 2017 before the end of next year's first Qtr, I would say that a nice earnings announcement is in store and good guidance for next year's first qtr is probably in the works.
With that said, MMs will probably try to drive down the stock price before next Thursday to limit the rise after the announcement. Options expiration also occurs the next day for another wammy.
Have you been asleep for the last 6 years? Obama has been implementing your plan. The man came from the most gun ridden crime location in Chicago and doing his best to not only spread it across America, but to the rest of the world. His actions have caused everyone in this nation to buy guns to protect themselves, as he does his best, to disarm and handcuff the police forces in America who are there to protect us. He would also do in Israel if he could get away with it. I think he is the biggest terroristic threat to this country and we can only pray that his term ends before he does more damage. He is the biggest threat to our national security and our other national allies.