This is good for S&W. They just had huge writedowns and their stocks have fallen.
I have some S&W revolvers, but am not a big fan of their semi-autos. I also own some Thompson Center guns, which S&W recently bought out.
Not disagreeing with that, but I just can't see where any of this should make me happy (or sad either for that matter). Their guns are overpriced when you compare them to Taurus. Maybe they need a bit of a shakeup.