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Real trade: SWHC Negative reaction on earnings (Smith & Wesson (SWHC_) the company reported mixed first quarter earnings and issued full year guidance lower than analysts' expectations.The company forecasts full year revenue of $530 million to $540 million, lower than the consensus estimate of $593.78 million. Smith & Wesson reported earnings from continuing operations of 26 cents per share, just above the consensus estimate of 25 cents a share, but lower than the 40 cents per share in the same quarter of 2013. My First short was aggressive play in front 11.90 resistance level (After market close resistance level),,,, With very small size 1-1/2 tier shares. I add more just above 11.50 and below 11.50 and was stopped out 2xtimes (short too aggressive),,, after I took some pause and when SWHC started holding more tighter to 11.50 and step below I added more.
