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Smith & Wesson Firearm Sales Up 18 Percent
Smith & Wesson Holding Corp. (NASDAQ:SWHC) reported first-quarter firearm sales of $91.7 million, up 18 percent compared to the same period last year. "Orders for our firearms remained strong in the quarter, evidenced by increased sales of our Smith & Wesson brand pistols and modern sporting rifles," said CEO Michael Golden. The company expects its firearm division to grow between 11 and 13 percent in fiscal 2012. Thanks to for the tip. Many firearm firms are traded on the markets.



Pull SWHC up on Yahoo finance, ask for a one-year chart, and tell me this represents a company with a CEO who knows anything at all about business.

Want to invest in the firearms industry? Favor S&W?
Buy several of their guns. DON'T buy the stock.

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  • Freelance writer Alan Korwin is a founder and past president of the Arizona Book Publishing Association. With his wife Cheryl he operates Bloomfield Press, the largest producer and distributor of gun-law books in the country. Here writing as "The Uninvited Ombudsman," Alan covers the day's stories as they ought to read. Read more.

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