Last earnings we beat EPS by 17.4%, +86.2% yr/yr, Rev beat by 14.3%, +45.3% yr/yr. Even still, the stock got hammered so as to be down 13.2% from the recent high. If the same thing happened this time we'd post a low of $50.71. I'm not trying to create a self fulfilling prophesy....I doubt many people will read this anyway.
I don't think that there was as much institutional interest in RGR until really the past 6 months or so. Therefore, even if the same percentages were applied to an earnings "beat", I don't believe we'll go lower than $53-54 range. All guesses though, of course. I won't add any shares today, that's for certain. That said, others seem to be, unless it's mostly churn? Who knows? Good luck to you.
i added 100 shares to my 2000 shares I already had. . .going to stick with it to see what happens as we get closer to november and the elections. . .and also to see how the increase in production capacity pans out for them. . hope they can get the new facility up and running uber-quickly.