Sturm Ruger & Smith Wesson

[STJPII]

What the hell is going on? The sell off is shocking. If RGR goes below $40, I'll sell it.

[TADSLOS]

Great buying opportunity.

[wafflehouse]

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

[TexasCajun]

Gun sales are at an all-time high?

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

[Envisioning]

Time to buy?

Banglist (((ping)))!

[STJPII]

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?

[KeyLargo]

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

[Mr Rogers]

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

[DBrow]

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

[sarasota]

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

[OKSooner]

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.

[niteowl77]

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

[sarasota]

Your post is on page one of google search.

[aimhigh]

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.

[montanajoe]

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...

[IYAS9YAS]

Cerberus and its subsidiary 'freedom group' owns practically all the gun manufacturers in the US

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

[Grampa Dave]

As soon as I said a prayer for the innocent, I sold our RGR shares. RGR is Storm Rugers stock listing.

[finnsheep]

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.

[STJPII]

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

[STJPII]

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