SWHC: Get in Now

[SpreadDestroyerr]

There is a little short interest here and they have been knocking it down before earnings while RGR has gone up. They took it down to $5.01 yesterday and it has since reversed. The CROOKS on WS just want to keep accumulating cheap shares with all the BS downgrades before earnings (Thurs. 9/3). They KNOW earnings will be spectacular! They did the same exact thing to Intuitive Surgical (ISRG) a few quarters back a week before earnings. I scooped em' up after the downgrades at $98. Trading $224 now. Ignore these clowns! Do the exact opposite and u will make serious coin! Look for major momentum here between now and next Fri.:toast:

 

[SpreadDestroyerr]

Holding up strong in this bad tape. Long term inverse head and shoulders pattern shows the neckline around $7.50, if we get through that then the sky is the limit. If martial law ever does come into play, this stock will scream to the upside.:smoker2:

 

[SpreadDestroyerr]

Earnings are going to be next Thurs. (9/9 @ 4pm CT) instead of today.

 

[Jetplane]

Hey Spread, I'm relatively new to the market. What's it running at right now? and is it a buy and hold?

 

[SpreadDestroyerr]

Hey Spread, I'm relatively new to the market. What's it running at right now? and is it a buy and hold?

http://www.smallcapinvestor.com/sto...tch/2009-09-03-load_up_with_smith_wesson_swhc
$5.28 right now. Definately a buy and hold that will rock in a good or bad economy.

 

[kuwlness]

I would never recommend getting into a company right before earnings, it's very bad advice. Especially during times like these, anything can really happen. This company is being poorly run by its management and financial team.


Ruger (RGR) looks better from a valuation perspective, but I wouldnt touch the firearms companies right now ... never know what Obama might pull out his sleeve next.


But GL on your stock pick ... I just recommend waiting until they release their earnings to add more.

 

[snoop]

Added 200 shares@$5.30 to my portfolio today.

 

[snoop]

UPDATE 1-Smith & Wesson Q1 beats Street, sees strong Q2 revenue

It's up $.68 AH.

Thanks for posting this ticker Spread. :toast:

 

[kuwlness]

Got a little love from above ... nice play, but risky right before earnings. Looks as if it has paid out for you generously. Congrats.

 

[SpreadDestroyerr]

This will be a $15 stock within a year, mark this post!:toast:

 

[The Thinker]

this is my next one to buy..... once i sell my next 20% gainer..

GW

 

[SpreadDestroyerr]

Anything under $7.50 is an absolute STEAL!

 

[The Thinker]

thx, its on my list and is up next... ive got 2 that are really close to me selling... this is next on my rotation board...

i envision something like, buying at $5.70 and selling all of it at $6.85...

20% gain and im out but i may get right back in also.

GW

 

[SpreadDestroyerr]

This is a great stock to trade. Normal ranges are 5-7.50

 

[The Thinker]

thanks for that info, will make a note of that..

GW