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Sturm, Ruger & Co. Inc. Message Board

  • nadsmis nadsmis Jun 25, 2014 10:14 AM Flag

    closed rgr position

    have seen enough. lost 12% on this investment and see nothing that would indicate a reason to buy in to cost average. management fails to execute their buyback despite PPS drop of nearly 15%. tells me they expect it to go lower.

    also, most who want guns have them. S&W stock plumeted as they missed earnings by a mile and i expect the same for this poorly run company.

    market reaching all time highs, RGR dropping like a rock. not a value either.

    good luck to you. i will take remaining principle and reinvest to make up for this loss.

    Sentiment: Strong Sell

 
RGR
35.48-0.13(-0.37%)Dec 24 1:04 PMEST

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