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04-15-2015, 04:56 PM
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Smith and Wesson stock price
Anyone know why S & W stock went up $1.97 today? Ruger went up over 4 dollars. What happened?
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04-15-2015, 05:07 PM
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04-15-2015, 05:10 PM
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S&W up on news that they say 4th qtr sales will be higher than expected. Ruger was just tagging along. I do not own or follow either.
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04-15-2015, 05:13 PM
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Think the NRA Convention helped? I know Ruger bought back $2.8 million of its stock recently which may have caused the spike.
Ruger buys back $2.8 million of its stock
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04-15-2015, 06:08 PM
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This is great news! I bought S&W stock for my wife`s Christmas present I believe I paid 10.20 for it,and now its almost 15.00. I can't believe I actually got an investment right for a change.Whoo Hooo!!!
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04-15-2015, 10:25 PM
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Sell it NOW!
S&W doesn't pay any dividend. Ruger, small dividend. Buy the guns, but there are much better stocks for investment and dividends.
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04-15-2015, 10:35 PM
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Quote:
Originally Posted by mrrick
Sell it NOW!
S&W doesn't pay any dividend. Ruger, small dividend. Buy the guns, but there are much better stocks for investment and dividends.
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Agreed! I know it's done pretty well, but for a number of reasons, I wouldn't own it as a stand-alone stock. And if I did have it as a stand-alone stock, I'd sell it now that it took a jump. YMMV.
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04-16-2015, 02:09 PM
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Sell if you can. I bought last year when it was up. As soon as I recover I'm selling all my shares. In the past 8 months I've learned about investing. Dividend stocks only from here on out.
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