Hi Sinbad!

I owned SWHC last yr, in at 16, out at 19.50, missed the 22, but also the $4! I am not sure what to think of them. They had a PR stating that theirs was a troubled market... not very reassuring. I was at the SHOT (Shooting, Hunting and OUtdoor Trade) show in Vegas a couple weeks ago and stopped by their booths. They have a new handgun out, but I am not wise in that area, so unsure how it will go over. Their TC line is good, but the bolt action rifle space is very crowded and not sure what their advantage would be there, though it seems like a fine gun. The black powder line has an awesome reputation, and if they build on that, they may get some traction. I guess part of the question is if people will be buying many new guns in a recession. I am a bit scared of their debt, which would take a quarter and a half of revenue to pay off.

I have been puzzled why the Jr producers aren't getting any price increase from the metal price increases. I see your CDE and SSRI had some nice jumps yesterday, and the long term charts certainly have the right direction.