Email of the day on small arms manufacturers
Big upward dynamics on high volume. SWHC said good things about sales, but not great things. Boy are these 2 a classic example of lousy sentiment turning into strong sentiment.
Will be interesting to see if the big 4 funds that hold 1/3 of the float are increasing their positions (won't know until about August, when the funds have to file holdings reports for 2nd quarter).
Hope your trip to China has gone well.
The commonality in the small firearms manufacturing sector is noteworthy. I wonder if it is influenced by the recent almost constant news flow on civilians being shot by police officers and whether that is increasing speculation that about gun control and possibly prompting accelerated buying as was the case in 2014.