Taser has a great day - stock drops

Taser held their Annual Meeting today (28 May 2008). It must have been an interesting day. I have visions of an angry mob of shareholders clutching torches and pitchforks, and noosed ropes being tossed over sturdy tree limbs.

Smith-for-brains announced some sort of new (overpriced) walkie-talkie product [yawn]. They announced that they've won dismissals in a couple of lawsuits. And some unhappy shareholders are going after some naked short sellers (yeah, good luck with that...). Seems like a good day for Taser.

But even with all this good news, the share price dropped a bit over 1% today. The price is within a few cents of it's 52-week low. And with all these inquiries and reports coming out, it looks to be a very interesting summer (just my opinion).