Sooner or later the political agenda will give way to the basics of this company. Lets face it if any other company in any other industry had the reports and forward guidance of this company, the stock would double. The likely scenario is that people will start to step out and buy, maybe under disguise, but buy they will. $ is evil and making it knows no boundaries. Some of the gun haters are secretly buying the stock, yes its true. I have to say I am quite surprised that they have held it down this long, but given the fact that no major brokerage house is willing to step up and say buy buy buy, it is running on its own merits. Even the CEO can't be that boastful without repercussions. Can you image apple being quite after such a banner quarter, and even better upcoming quarters. Go to their website and their full inventory is already alloted. Its really an irony, but the 3 things that can happen are the stock finally goes ballistic, Smith takes the company private so as to loose some of the wall street scrutiny, or they just buyback more shares. Either way its a win. In the meantime they will announce buybacks or dividends, and finally the street will have to stand up and take notice. Its a rare oppertunity, and one that doesn't come around all that often. I say buy now or forever hold your piece.
I think we go up this week.
Why??? The rediculous March options have expired.
6 month options that expire at the end of the month are heavy at 15.
As I have said before if the computers want this togo to 15 so they can cash in it will. We are at the mercy of these computers for now. Hopefully this time they will want it to go up.
With the way guns are sold out everywhere there is absolutely NO reason why we are not way higher.
Ruger has had a couple of down days but have had many days where they were up and we were down.
That is another reason why I say we go up from here.
Positive news about this STUPID ban finally being killed from lack of votes, will also cause it to shoot up, not just go up.
I am cautious about being long incase the market starts to pullback. The problem is when with that is I believe we will start going NOW., Only a really bad market day will hurt us for now.