Is S&W stock a good buy now??

[ARCHIVED THREAD] - Is S&W stock a good buy now??

Posted: 3/8/2002 9:06:46 PM EDT

Anyone stock guys here suggest S&W stock? It's going for $1.50 today and MSN says it should hit $3-$5 by year end. If you wouldn't recommend S&W then what would you recommend?

Posted: 3/8/2002 11:15:01 PM EDT

[#1]

I didn't think they were a public company. What's their stock symbol?

Posted: 3/8/2002 11:34:11 PM EDT

[#2]

SAFH.OB but just type SAFH....they are supposed to change the ticker soon since SAFH stands for Safe T Hammer

Posted: 3/9/2002 2:10:37 AM EDT

[#3]

[url]http://biz.yahoo.com/p/s/safh.ob.html[/url]

If I'm reading Yahoo's profile of them (above) correctly, they must have a sh*tload of debt.

I guess it really depends on whether they can "rehabilitate" the S&W brand and crank up production AND make tons of money on the guns. I dunno.

Posted: 3/9/2002 2:50:01 AM EDT

[#4]

We could buy up all their stock and take over the company. Put our guys on the board and tell the anti-gunners to kiss ass. Then everyone would buy S&W and we would all be rich!

I've got $100 I can put down.

Posted: 3/9/2002 2:56:08 AM EDT

[#5]

I can come up with a grand, maybe more.[:)]

Posted: 3/9/2002 3:03:30 AM EDT

[#6]

With the whole company valued at $30 million, taking it over might actually be possible. Question is, how many shares are owned by insiders who don't want to sell, and can we buy 50.1% of the shares on the open market without driving the price into the stratosphere? [:D]

Posted: 3/9/2002 3:13:47 AM EDT

[#7]

We need an AR15 investment fund.

Posted: 3/9/2002 7:27:56 AM EDT

[#8]

[url]http://news.moneycentral.msn.com/ticker/article.asp?Feed=PR&Date=20020306&ID=1469805&Symbol=US:SAFH[/url]

This sounds pretty good.

Posted: 3/10/2002 7:13:19 AM EDT

[#9]

Quoted:
[url]http://news.moneycentral.msn.com/ticker/article.asp?Feed=PR&Date=20020306&ID=1469805&Symbol=US:SAFH[/url]
This sounds pretty good.

View Quote

It's just company-issued PR. Other than the claim of "more than double the orders" compared to last year, there's no substance.

Let's say for the sake of argument that orders were off by 90% because of the boycott. Doubling the orders would then mean that they were up to 20% of what they were getting a few years ago. Unless they make public just how bad the drop-off was, "double" is rather uninformative.

Posted: 3/10/2002 11:08:58 AM EDT

[#10]

They need to hang it up in the auto market because everyone from Glock to Sig to Beretta to HK can and is kicking their ass.

But they have a corner on the revolver market. Autos have been kicking revolvers' asses in the market for two decades now, but "gun people" and many others still appreciate, and buy, fine revolvers.

I'd like to own a piece of their company, and help turn it in the right direction.

[ARCHIVED THREAD] - Is S&W stock a good buy now??

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