Swith and Wesson was a sweet one but I am booking it.

In a fiesty mood today as I look at a dozen bagels that I picked up for “Break Fast” this evening. I am starved and grumpy.

I am booting out all but a fraction of my Swith and Wesson which has now hit $14 and gone vertical. Guns are in fashion, but this stock is thin and I will take it.

Originally bought at an all-time high of $7 before the summer and is a great example of an all-time high that just kept going.

6 comments

  1. Nick Fenton says:

    I thinkexiting that position was a smart move. SWHC recently had a bullish breakout of a symmetrical triangle and today’s high of 14.48 pretty much completed the expected move. Plus, MACD and RSI indicate the stock is overbought at these levels.

  3. Robert Bruce says:

    Now this is the kind of market talk I can understand Howard…

    Bullish on guns.

    I assume Wallstrip will make things even more clear.

  5. Pingback: Howard Lindzon » Guns are Hot, especially when Wallstrip is shooting.
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