This decline began when the insiders that many of you effusively praise and defend were not satisfied with the excessive compensation FREE shares they gave themselves. They then colluded to raid the corporate treasury and use our money to pay their taxes due on the free shares they gave themselves. They "sold" some of their free shares to the company and were paid top price from the corporate bank account.
Ruger pays executives stock options, like almost every U.S. corporation. More than one half of management compensation is incentive-based. Management owns less than 3% of the outstanding shares, not enough to influence the share price. I think the uncertainty about gun control is pressuring share price, especially with the President's speech today begging for gun control. I don't see how this can go anywhere, since 2014 elections are rapidly approaching, and candidates don't seem to have the stomach to antagonize 1/3 of the electorate.