Dave P

One Way to Invest in Social Unrest

SWHC issued 5.5 million new shares (about 10% of its capitalization) last week, and is now trading at a discount to the offering price of $6.25. Good move on their part, taking advantage of the firmness in their stock price to put about $34 million in their coffers. With guns selling like crazy, I am sure they can put that money to good use, and even if the market slows down, they can make out well by applying it in reduction of their debt.