It’s not all rosy for all-time highs these days. Tonight, CROX was bludgeoned after closing at an all-time high and ‘missing?’ numbers. I long sold this trendy biiitch. Still love the products. Until tonight my sells looked stupid, now just less so. The lesson is that trends end. Expectations get too high, stocks get too …
Tagged: Smith and Wesson
Smith and Wesson (SWHC) Shot Dead?
Stocks fall faster than they rise. I ‘got lucky’ with this one, booking profits in the low 20’s . I have looked but not reentered, especially after we Wallstripped it again on our anniversary show. If you held on, today you will likely be stopped out. It is a brutal part of the investment business. …
Wallstrip Turns ONE Today…We Celeberate with Guns as all Americans Should (SWHC)
One year and going strong. Buying the strongest performing stocks and adding great brands on 20-30 percent drops is what we do. It has been a great market so it’s not that we are smart, but we are proving that having a strategy works. Our first week of stocks from last October are up on …
Smith and Wesson…Selling
Selling it down more to raise some money for tech and internet and gold. What a run. Not rushing in here though. I love this episode and love when we nail the stock too:
Wallstrip 50 shows later and Harley-Davidson Revisited
I am tired. Really tired. NOT. We are just getting started. I was looking back through the archives of shows tonight and I am feeling pretty good. The shows are great and the stocks are doing really well save Smith and Wesson and Electronic Arts. Ouch on both. The big winners are Toyota, Altria, Garmin, …
Adding a few stocks
Guns and Tobacco – I can never resist. My gun stock is an old fave -Smith and Wesson. It is in a giant pullback on an earning’s miss. I have no idea if they missed (the reports say they did), but the stock got smoked. Numbers look great to me and it is still in …
Guns are Hot, especially when Wallstrip is shooting.
Loved Smith and Wesson the stock. Today we are profiling it in my “New” fave show at Wallstrip . Bought it, rode it, sold it. In hindsight, no defining reason to sell it. The trend is still up, but a double is a double. I would look to reenter Smith and Wesson above it’s all-time …