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Thats good! S&W sales has really jumped since the M&P line came out. Not that there other pistols arent great. Glad to see S&W coming around again.
 

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darklyte24 said:
http://finance.yahoo.com/q?s=SWHC



wish i had some money to put into them!! been watching for the last 2 weeks at 8.75$... man....


I I was watching Cramer on Mad Money on 8/15/05 and one of his picks was S&W. I never gave it a thought till then. I usually don't buy on stock tips like this but I thought about all the S&W products I own and how satisfied I was with them. I also new they were coming out or just came out with the M&P AR15 line of rifles and were going to introduce a new pistol, the M&P. The courts were ready to ban lawsuits against firearms manufactures so I figured it made sense. I picked up 2k shares the next day at $5.87. It fluctuated for awhile and then took off. I sold 1k of the shares when I had a 100% profit so it's like getting the other 1k of stock free. I regret selling the 1K but it was right to take it off the table at that time. Got to have the discipline to sell part of your position when you make 100%. Wish I had more discipline when I was younger but you live and learn. Can't get too greedy. Now I tell the wife the stock went up because I bought 3 M&Ps.
 

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darklyte24 said:
i bought in with the little money i had for 10.45 ish..




You should do fine. Closed at $12.53 today. S&W has a lot of products in the pipeline and alliances with companies that make explosive detection equipment etc. using the S&W name. I am hoping that in a few years the S&W M&P 9 could replace the Beretta as standard issue to the US military. I guess they would stick with the 9MM because of NATO. I wonder why the US is issuing M&P 9s to the Afgan army and Iraqi police instead of Berettas. Could be they aren't that happy with Beretta or the M&P is superior. This is pure speculation and wishful thinking on my part.

Michael
 

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He he, I was never happy with my M9. Couldn't hit a broad side of a barn, but there was no rifling lef if int either.
 

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Actually our Military isn't issuing weapons to the Afhgan or Iraqi Police, they are buying their own pistols. The Iraqi Police are using a variety of stuff, but are Glock heavy. The Afhgans do not have M&P's, they bought a whole bunch of 9mm Sigma's.
 

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rverdi said:
Actually our Military isn't issuing weapons to the Afhgan or Iraqi Police, they are buying their own pistols. The Iraqi Police are using a variety of stuff, but are Glock heavy. The Afhgans do not have M&P's, they bought a whole bunch of 9mm Sigma's.


They are buying their own pistols :roll: With what? Drug money? We pay of everything they use. I think we have a little say in what they get if we pay for it and were saying buy American.
 

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rverdi said:
Actually our Military isn't issuing weapons to the Afhgan or Iraqi Police, they are buying their own pistols. The Iraqi Police are using a variety of stuff, but are Glock heavy. The Afhgans do not have M&P's, they bought a whole bunch of 9mm Sigma's.


OK, I was mistaken but they are still a S&W pistol and the US is paying for them.



<< Back

Smith & Wesson Receives Fourth Military Contract

Smith & Wesson Receives $15 Million Order for SW9VE Pistols from US Army for Afghanistan National Police



SPRINGFIELD, Mass., Feb. 16 /PRNewswire-FirstCall/ -- Smith & Wesson Holding Corp. (Amex: SWB), the legendary 154-year old company in the global business of safety, security, protection and sport, today announced it has secured a $15 million order to supply its SW9VE 9mm pistols to the United States Army Security Assistance Command (USASC) Special Projects Office for shipment to the Afghanistan National Police (ANP).



In 2005, Smith & Wesson shipped a total of 22,500 pistols for use by the Afghanistan National Army and the Afghanistan Border Patrol. The new order represents the fourth contract awarded to Smith & Wesson by the U.S. Army for security forces in Afghanistan and is more than twice as large as the combined total of the previous orders, all of which were shipped in fiscal 2006.



Michael Golden, President and Chief Executive Officer, said, "This order represents our largest single military contract to date from the U.S. Army for shipment to Afghanistan. The Smith & Wesson semi-automatic pistols we shipped last year have been well received by the Afghanistan National Army and Border Patrol, leading to this new contract to fill requirements for the Afghanistan National Police. One of our stated strategies is to become a significant supplier of high-quality small arms to the military and to the federal government. We continue to secure orders from the U.S. Army for Afghanistan, a reflection that we are executing on that strategy."



Smith & Wesson indicated it won the current order based on the features of the SW9VE 9mm pistol and overall performance of the products the Company shipped to Afghanistan throughout 2005. Smith & Wesson expects the bulk of the order to ship within its 2007 fiscal year, which begins in May 2006. The pistols will be manufactured entirely in the United States.



The SW9VE is a double-action-only pistol constructed with a durable polymer frame and a through-hardened stainless steel slide and barrel. The 9 mm pistol features an ergonomic design that accommodates various hand sizes, as well as simple operation procedures.
 

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lunde said:
I bought Smith & Wesson stock when it was $1.47 per share, which was almost 2.5 years ago. In retrospect, I should have purchased a lot more shares.




I know what you mean. I didn't get greedy enough on this one either.
Bought 2k on 8/16/2005 @ $5.87. Closed today at $14.69.
 

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Discussion Starter #13
awesome wish i had the money and knowlege then.. haha id be a lot richer and happier...
 

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wish I'd thought about that sooner...I could have more-or-less paid for my college with even a 5,000.00 investment.



oh well.
 
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