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Sturm Ruger & Smith Wesson
Posted on 12/18/2012 8:16:50 AM PST by STJPII
What the hell is going on? The sell off is shocking. If RGR goes below $40, I'll sell it.
TOPICS: Business/Economy; Conspiracy; Military/Veterans
posted on 12/18/2012 8:16:52 AM PST
Great buying opportunity.
posted on 12/18/2012 8:18:17 AM PST
(I took extra credit at the School of Hard Knocks)
posted on 12/18/2012 8:19:21 AM PST
(RE-ELECT NO ONE !)
Gun sales are at an all-time high?
...and that trend will continue as Obama is seen as sympathetic gun-grabber.
Time to buy?
posted on 12/18/2012 8:24:09 AM PST
(Call me a racist........, one more time..........)
That scars me. Institutional buyers are treating the stocks like the plague. This could result in significantly greater depreciation. Could it go down to the twenties? teens? or worst?
posted on 12/18/2012 8:24:28 AM PST
Dick’s Sporting Goods removes guns from shelves following Connecticut school shooting
The Star-Ledger Continuous News Desk By The Star-Ledger Continuous News Desk
on December 18, 2012 at 7:50 AM, updated December 18, 2012 at 7:54 AM
A major sporting goods retailer has pulled all guns from its store nearest to Newtown, Conn., according to a report on CNN.com
posted on 12/18/2012 8:26:21 AM PST
If it goes down much, I’ll buy. Long term, stocks follow profits.
posted on 12/18/2012 8:27:13 AM PST
by Mr Rogers
(America is becoming California, and California is becoming Detroit. Detroit is already hell.)
Maybe the fear is a handgun ban and mandated factory closure?
posted on 12/18/2012 8:28:41 AM PST
Any chance the shooter’s mother’s guns were purchased at Dick’s?
posted on 12/18/2012 8:29:56 AM PST
As someone has already pointed out, the "institutional investors", or as one might call them the "money whores" running the mutual funds are bailing because they're afraid of what their liberal chums will say about them.
Buy, especially Ruger. Wait and see on Cerberus/Freedom Group (Remington, Marlin, Bushmaster, et al.)
posted on 12/18/2012 8:31:56 AM PST
Just a little community organizing going on. All it takes is a few of the right connections.
posted on 12/18/2012 8:32:34 AM PST
Your post is on page one of google search.
posted on 12/18/2012 8:33:07 AM PST
Great buying opportunity.
Soon, but not yet. It's still dropping a buck or two a day. I expect it will hit $30 before bottoming out.
posted on 12/18/2012 8:41:14 AM PST
( Guns do not kill people. Planned Parenthood kills people.)
There are probably several things. First a fear of lawsuits...I would expect to see a bunch of new lawsuits attempting to hold gun manufactures liable for selling their products to crazies or parents of crazies...don't think the suits will go anywhere but they will affect the bottom line
Second there may be a concern that a MADD like campaign against sporting goods stores will depress sales and profits.
Third a fear of the unknown and unknown legislation that will depress profits...
Cerberus and its subsidiary 'freedom group' owns practically all the gun manufacturers in the US
Cerberus doesn't own Ruger or S&W, though.
posted on 12/18/2012 8:47:21 AM PST
(Rose, there's a Messerschmitt in the kitchen. Clean it up, will ya?)
As soon as I said a prayer for the innocent, I sold our RGR shares. RGR is Storm Rugers stock listing.
posted on 12/18/2012 8:48:11 AM PST
by Grampa Dave
(Tagline space for rent to pay for some of my extra taxes the next 4 years!)
I was just looking at adding to my SWHC. I’ll probably wait until CSCO reaches my target later this week.
Curiously SWHC was already starting a downtrend before CT.
With all that you mentioned, I can’t see it getting back in the $50’s during 2012.
posted on 12/18/2012 8:52:37 AM PST
With all that you mentioned, I can’t see it getting back in the $50’s during 2013.
posted on 12/18/2012 8:52:46 AM PST
Luckily in the last 4 yrs he has just appeared so andhasn’t really. As long as he just appears to, we’ll get lots more weapons into the hands of citizens if he were to actually do something.
posted on 12/18/2012 9:03:04 AM PST
("Everything happens as God wants it to, otherwise, things would be different.")
There is a Dicks every ten feet in New England. So they took the guns off in one of them? And who is buying guns at Dicks? They should use that as a test...try to buy a gun at Dicks and they take away your license.
posted on 12/18/2012 9:09:46 AM PST
by Vermont Lt
(We are so screwed.)
To: Vermont Lt
Dicks stores in the Chicago metro suburban areas pulled all AR type rifles from their displays long before this as corporate policy. I buy from only gun shops that I trust.
posted on 12/18/2012 9:28:36 AM PST
posted on 12/18/2012 9:35:53 AM PST
( sleep with one eye open (<o> ---)
To: Grampa Dave
Let's look at a two year for Ruger before we decide that it's "tanking."
posted on 12/18/2012 9:36:00 AM PST
(Is the /sarc tag really necessary?)
So what happened in May?
Aurora was July...
To: Grampa Dave
You you bought it at $50, like this poster, it’s tanking.
posted on 12/18/2012 11:23:52 AM PST
Why not lock in your profits now?
You can buy back in when it bottoms.
posted on 12/18/2012 11:59:04 AM PST
(This is not a statement of fact. It is either opinion or satire; or both)
"Any chance the shooters mothers guns were purchased at Dicks?"
Interesting, one of the local radio guys was guessing that this morning. I'd say bet on it, why else would they pull all that iron in the middle of a buying frenzy?
posted on 12/18/2012 7:25:15 PM PST
by West Texas Chuck
(Alcohol, Tobacco and Firearms. That should be a convenience store, not a Government Agency.)
To: West Texas Chuck
posted on 12/19/2012 6:14:52 AM PST
posted on 12/19/2012 7:02:41 AM PST
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