The Company is principally engaged in the design, manufacture, and sale of firearms and precision investment castings. The Company's design and manufacturing operations are located in the United States.
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THIS IS A BUBBLE ABOUT TO POP I love ruger's product. But the drive behind their outstanding sales wasnt their product, it was paranoia. Many gun owners were fearful that Obama would resurrect the Clinton era gun ban. Thus causing a surge in purchasing of high capacity firearms and ammunition. But now even the most right wing gun owners, are now realizing Obama has to much on his plate to worry about gun control. Or bought so many guns and ammo they can support their own army. So they dont need to buy any more.
Never, ever underestimate that the anti gunners can or will do.
They are looking to adopt the UN firearms treaty,
in direct conflict with our Constitution!
Regards
I got lucky in my pick in the opposite direction, with RGR at about $7 and change. They haven't significantly diversified their product line with the exception of their AR-pattern rifle (and really, does the world need another one of those?)
Your red-thumb was wrong in the short term at $12.36 but I think it's probably right at $36.07. I'm closing my outperform pick today.
If Obama gets re-elected there will be a gun ban,also gun sales continue to climb and not becaue of a gun ban threat
Wow, a -321.63 score on this pick. I hope this was just a CAPs play and not real money.