Smith & Wesson

Discussion in 'Stocks' started by spencer, Dec 17, 2012.

  1. SWHC sells a lot of AR-15s.
     
    #11     Dec 18, 2012
  2. spencer

    spencer

    Harry Reid and his guns http://marklevinshow.com/Article.asp?id=2595430&spid=32364

    Biden and his guns http://washingtonexaminer.com/biden...es-got-a-problem/article/2516400#.UNH1zG_AexU

    AR-15's were easily modified in 1994 to accommodate the assault weapon ban. I doubt very much that un_American gun control will occur. Good, the focus should be on building security.

    Smith & Wesson is pushing 8% today, but I would look for a post earnings bump. I will buy at support, or the day before earnings. There are also some unique option plays here. Gun sales are surging, there is no question they will beat earnings. I also saw an article where bullet proof vests and backpacks for children were spiking.

    This thread can count as my community service to Elite Trader. :p
     
    #12     Dec 19, 2012