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Sturm, Ruger & Co. Inc. Message Board

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  • captainwho2 captainwho2 May 1, 2012 1:58 PM Flag

    Wheres the short squeeze?

    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.

    Good luck to my fellow longs!

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    • 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.

 
RGR
67.34+0.39(+0.58%)May 25 4:02 PMEDT