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Reply #96: That's because the peak stock price was based on stock-market bidding wars [View All]

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benEzra Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-15-10 08:09 AM
Response to Reply #95
96. That's because the peak stock price was based on stock-market bidding wars
and not fundamentals. Every time there is an increase in anything, it seems that there is a cohort of investors who think that trendlines can be extrapolated to infinity, even in the face of a by-the-numbers Depression 2.0.

AR-15 type rifles do dominate the market and will continue to do so, so S&W is ultimately much better positioned to ride out the downturn than are manufacturers limited to more "traditional" looking guns (look at Marlin and Winchester). As long as they didn't foolishly spend the boom-related income and didn't incur any stupid debt, S&W should be OK.

I suspect that Glock and Springfield Armory are still doing pretty well also.
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