RGR close to ALL TIME Highs with a dividend and no borrowed money to pump the stock.
swhc down again. jj should have held his short a while longer:)
RGR is green today. CAB is down big time.
swhc lost 50dma by a wide margin now. No buy until $11.07. 200dma is getting closer and will signal major sell if it breaks.
Keep an eye on a pump though for Insiders to dump more free Options they were granted. Would let you guys know when that event is going to take place, but why bother??
I purchased out of the money RGR NOV calls @ 65, I'm betting the Cabela's numbers was an overreaction. I'm long both Ruger and SWHC, November 6th will be a tell-tale sign as to whether this storm is over or will stay consistent. I liked the NICS numbers and Cabela's has had problems with getting product on shelves. Until the 6th, this is a speculative trade. I'm not using a hedge, I'm essentially putting everything on black that the firearms industry still has legs. Good luck, longs, shorts, Dat, equity, etc. Don't bet more than you can afford to lose.