I got SCREWED by Smith & Wesson big time!

[ARCHIVED THREAD] - I got SCREWED by Smith & Wesson big time!

Posted: 9/16/2004 9:51:57 PM EDT

Bastards!!! After Safety Hammer bought them and the price went down to about $1 a share I bought 500 shares just because I was hoping the SH people would turn them around. Stock price went up (almost $2.50 per) and down (almost back to a $1) and settled around $1.45 - $1.50 and became pretty much stagnant. So last week I sold it at $1.54 ( yes, that's a buck fifty four )

MFers!!!! Price is back up to almost $2 a share. SOBs cost me almost $250.00 in profit by going up for no good reason. That's it for me. Never buying one of their guns again!

Posted: 9/16/2004 9:54:01 PM EDT

[#1]

Do you think a boycott is in order?

Posted: 9/16/2004 9:54:15 PM EDT

[#2]

Thats pretty damn cheap stock

Posted: 9/16/2004 9:54:41 PM EDT

[#3]

Yes sir. That's the way the market works. Chances aren't always overt.

Posted: 9/16/2004 10:03:05 PM EDT

[#4]

So...what new rifle did you buy?

Sgatr15

Posted: 9/16/2004 10:05:15 PM EDT

[#5]

Sorry to hear that you lost your ass

Posted: 9/16/2004 10:08:27 PM EDT

[#6]

Quoted:
So...what new rifle did you buy?

Sgatr15

RC K98 Mauser

Posted: 9/16/2004 10:09:27 PM EDT

[#7]

Quoted:
Quoted:
So...what new rifle did you buy?

Sgatr15

RC K98 Mauser

I knew it............

Sgatr15

Posted: 9/16/2004 11:47:11 PM EDT

[#8]

Wait a minute. You bought it at 1.00 a share X 500 Shares = $500.00

And sold it at 1.54 a share X 500 shares = $770.00

You are the one who pulled out before you shot your load, Why blame the woman?

Posted: 9/17/2004 12:50:08 AM EDT

[#9]

Quoted:
Do you think a boycott is in order?

Heheheh...

Posted: 9/17/2004 4:18:46 AM EDT

[#10]

Dude... you earned a 54% return.

If you could do that all of the time, with 100% accuracy, you'd be Warren Buffett.

Qwitcherbitchen.

Posted: 9/17/2004 7:18:35 AM EDT

[#11]

Quoted:
Dude... you earned a 54% return.

If you could do that all of the time, with 100% accuracy, you'd be Warren Buffett.

Qwitcherbitchen.

Only if he stops buying $1.00 stocks, and stars buying $100.00 stocks

Posted: 9/17/2004 7:22:15 AM EDT

[#12]

No dude, you are right! Just send me the $220.00 and then you can say you broke even...

Posted: 9/17/2004 7:24:47 AM EDT

[#13]

such small gains are meaningless because the transaction fees and the gubbermint taxes will take away alot of the profit. Then more of that profit will be eaten up by the fees to buy another stock. So now the 54% gain is actually not.

Posted: 9/17/2004 7:26:19 AM EDT

[#14]

Bought 6000 shares @ $.86/share.

Sold them @ $2.86/share.

Posted: 9/17/2004 7:28:56 AM EDT

[#15]

Quoted:
Dude... you earned a 54% return.

If you could do that all of the time, with 100% accuracy, you'd be Warren Buffett.

Qwitcherbitchen.

You need to adjust your internal satire / hyperbole detection meter.

(also known as using your brain)

Posted: 9/17/2004 7:35:00 AM EDT

[#16]

I wish I could get fucked like that ALL DAY LONG

Posted: 9/17/2004 7:44:11 AM EDT

[#17]

Taser. Nice stock. I have doubled my money, going for triple.

[ARCHIVED THREAD] - I got SCREWED by Smith & Wesson big time!

General » General Discussion

Win a FREE Membership!

Sign up for the ARFCOM weekly newsletter and be entered to win a free ARFCOM membership. One new winner* is announced every week!

You will receive an email every Friday morning featuring the latest chatter from the hottest topics, breaking news surrounding legislation, as well as exclusive deals only available to ARFCOM email subscribers.

Warning

Confirm Action

About AR15.COM

Stay Connected

Newsletter

Contact Us