SWHC stock

[ACORN]

Since the election SWHC's priced has dropped to $21-$22 range. Still above the recent $17+ low. Where do you think the bottom is?

 

[Tom S.]

I believe that the price drop is reflective on the supposition that with the coming change in the White House, the assault on firearms will decline and thus end the "panic buying", resulting in a decline in firearm sales. Although any speculation in stock prices is just that - speculation - I suspect prices are within a dollar or so of their low point and will start to recover slightly in the next 3 to 6 months, then remain fairly steady, at least until the next "scare". You can take this comment, along with a $10 bill and get a cup of Starbucks coffee.

 

[FifthWheel]

Ruger took a dive also. Might be a good time to get in one of these.

 

[H Richard]

Possibly one of the reasons S&W has been diversifying so much lately?