Posted on 07/26/2016 1:54:42 PM PDT by Red in Blue PA
Smith & Wesson (SWHC) rose sharply Tuesday after the top U.S. firearms maker late Monday said in a filing that it's buying Crimson Trace for $95 million cash.
Crimson Trace makes laser sights for guns. One of Crimson Trace's products is LiNQ, which the company touts as the world's first wireless laser sight and LED white light for certain types of modern sporting rifles.
(Excerpt) Read more at investors.com ...
Another company for them to screw up.
glad I got one on my Kimber, before S&W take exclusive ownership.
That was, of course, before the canoe tipped...
They would sell 5 million in the first year.
Especially if you could tune it too various ballistic coefficients and velocities via blue tooth app on your phone.
All I ask of those who bring this product to the market is 1% of net profit.
And 4 of the scopes.
I sent a brand new, but defective, Encore barrel a couple years after they bought Thompson / Center.
It took me a 11 1/2 months, twenty certified letters, twenty phone calls, five Better Business Bureau complaints and slamming S&W on every gun forum I was able to post to to get them to replace the barrel... They finally did... With another, used, barrel that had the same defect.
I didn’t like them before due to the political stuff they did decades ago, and wouldn’t have bought the Encore if I knew they owned T/C... After my experience, I despise them and refuse to purchase anything from their corporate world.
OMG!!! I invested about $10,000 in that stock about a month or so ago. Better than going out and stealing money.
If they stopped making them for other companies that would be quite stupid as they are the clear market leader.
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