You are not a bad guy if you sell a company short, or buy puts.
Not all garbage deserves to go up all the time. Short sellers keep the wishful garbage to reasonable levels.
SWHC was already starting to reverse and come back to reality after more than tripling this year. The CT incident merely accelerated that move as well as took out some buyers.
Is there value for SW? Yes.... around $4 or $5. Then we have to look at what the politicians want to do in terms of gun control.
If anything, Ruger has less to lose. They have less "evil" guns.
Btw, you would be wise not to step in front of the freight train. Massive selling on over 14 million shares, more than triple the average volume should send up massive alarms.
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