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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
KEYWORDS: banglist

1 posted on 12/18/2012 8:16:52 AM PST by STJPII
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To: STJPII

Great buying opportunity.


2 posted on 12/18/2012 8:18:17 AM PST by TADSLOS (I took extra credit at the School of Hard Knocks)
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To: STJPII
Cerberus and its subsidiary 'freedom group' owns practically all the gun manufacturers in the US

http://news.yahoo.com/cerberus-sell-gunmaker-freedom-group-u-school-shooting-062303957--sector.html
3 posted on 12/18/2012 8:19:21 AM PST by wafflehouse (RE-ELECT NO ONE !)
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To: STJPII
Gun sales are at an all-time high?

...and that trend will continue as Obama is seen as sympathetic gun-grabber.

4 posted on 12/18/2012 8:23:50 AM PST by TexasCajun
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To: STJPII
Time to buy?

Banglist (((ping)))!

5 posted on 12/18/2012 8:24:09 AM PST by Envisioning (Call me a racist........, one more time..........)
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To: wafflehouse

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?


6 posted on 12/18/2012 8:24:28 AM PST by STJPII
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To: STJPII

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


7 posted on 12/18/2012 8:26:21 AM PST by KeyLargo
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To: STJPII

If it goes down much, I’ll buy. Long term, stocks follow profits.


8 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.)
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To: STJPII

Maybe the fear is a handgun ban and mandated factory closure?


9 posted on 12/18/2012 8:28:41 AM PST by DBrow
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To: KeyLargo

Any chance the shooter’s mother’s guns were purchased at Dick’s?


10 posted on 12/18/2012 8:29:56 AM PST by sarasota
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To: STJPII
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.)

JMO.

11 posted on 12/18/2012 8:31:56 AM PST by OKSooner
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To: STJPII

Just a little community organizing going on. All it takes is a few of the right connections.


12 posted on 12/18/2012 8:32:34 AM PST by niteowl77 (Oh, crap.)
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To: STJPII

Your post is on page one of google search.


13 posted on 12/18/2012 8:33:07 AM PST by sarasota
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To: TADSLOS
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.

14 posted on 12/18/2012 8:41:14 AM PST by aimhigh ( Guns do not kill people. Planned Parenthood kills people.)
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To: STJPII
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...

15 posted on 12/18/2012 8:44:01 AM PST by montanajoe
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To: wafflehouse
Cerberus and its subsidiary 'freedom group' owns practically all the gun manufacturers in the US

Cerberus doesn't own Ruger or S&W, though.

16 posted on 12/18/2012 8:47:21 AM PST by IYAS9YAS (Rose, there's a Messerschmitt in the kitchen. Clean it up, will ya?)
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To: STJPII
As soon as I said a prayer for the innocent, I sold our RGR shares. RGR is Storm Rugers stock listing.


17 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!)
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To: STJPII

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.


18 posted on 12/18/2012 8:52:28 AM PST by finnsheep
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To: montanajoe

With all that you mentioned, I can’t see it getting back in the $50’s during 2012.


19 posted on 12/18/2012 8:52:37 AM PST by STJPII
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To: montanajoe

With all that you mentioned, I can’t see it getting back in the $50’s during 2013.


20 posted on 12/18/2012 8:52:46 AM PST by STJPII
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To: TexasCajun

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.


21 posted on 12/18/2012 9:03:04 AM PST by stuartcr ("Everything happens as God wants it to, otherwise, things would be different.")
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To: KeyLargo

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.


22 posted on 12/18/2012 9:09:46 AM PST by Vermont Lt (We are so screwed.)
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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.


23 posted on 12/18/2012 9:28:36 AM PST by KeyLargo
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To: STJPII
Cerberus to Sell Freedom Group, a Gunmaker
24 posted on 12/18/2012 9:35:53 AM PST by smokingfrog ( sleep with one eye open (<o> ---)
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To: Grampa Dave
Let's look at a two year for Ruger before we decide that it's "tanking."


25 posted on 12/18/2012 9:36:00 AM PST by Yo-Yo (Is the /sarc tag really necessary?)
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To: Yo-Yo
So what happened in May?
Aurora was July...
26 posted on 12/18/2012 10:03:15 AM PST by grobdriver
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To: Grampa Dave

You you bought it at $50, like this poster, it’s tanking.


27 posted on 12/18/2012 11:23:52 AM PST by STJPII
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To: STJPII

Why not lock in your profits now?

You can buy back in when it bottoms.


28 posted on 12/18/2012 11:59:04 AM PST by BenLurkin (This is not a statement of fact. It is either opinion or satire; or both)
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To: sarasota
"Any chance the shooter’s mother’s guns were purchased at Dick’s?"

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?

29 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.)
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To: West Texas Chuck

My thoughts exactly.


30 posted on 12/19/2012 6:14:52 AM PST by sarasota
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To: STJPII

TIME TO BUY, not sell...


31 posted on 12/19/2012 7:02:41 AM PST by detch
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