View Full Version : S&W stock
Anyone else keeping an eye on it. Other then the fact they are sticking to the locks there is no reason for it's stock to be dropping like a rock but it has this week, losing almost 30% of it's value just this week. SWHC is the stock symbol if you watch it.
CAJUN
11-19-2008, 10:34 PM
Nows the time to buy, there all fallin. dropped below 8000 today
Oriondk
11-19-2008, 11:19 PM
I don't follow it, but did find this on 24/7 Wall St., which doesn't look very good.
"As of July 31, its total liabilities were $185 million and its cash balance was a mere $1.365 million. Total current assets were $133.49 million."
No doubt the stock is undervalued right now, you have to remember the name is worth millions alone. The problem is almost all stocks are under valued right now and they most likely will go lower before they start to climb back. A good day trader can buy and sell and make money on the volatility but I wouldn't invest long term right now.
snake charmer
11-24-2008, 02:29 PM
I was lucky and got in on the ground floor and bought at 86 cents , watched it go up to around $21.00 and then fall to its present value( haven't checked yet today). I wish I would sold at its high value because I don't think it will ever recover, but I'm still way ahead.
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