I think Ruger will go private this year. They have been hoarding cash and buying back stock.
I own a gun shop and demand for there products is higher than almost all other firearms makers.(Kimber)
$60 would be a nice price for me. I bought abouth three years ago around $8 a share.
jmaves1044 aka "King Dork" No they do not teach Engliah in Michigan do they where you live?
You might want to check your Engliah before you bash on me...lol
Other than that Ruger stock keeps going up and making me money.
Akita, you are spreading rumors. You have no proof they will go private. You always have one amazing think on every stock message board telling investors companies are going private with no offers public.
Do you see a lot of this demand coming from women, who want smaller weapons for smaller hands, and which can be carried in a purse, fanny pack, or car console? My guess is that RGR is in the sweet spot with its smaller automatics.
SWHC seems to make more "men's guns" with more large calibers, more revolvers, "classic" guns etc.
Please correct me if I'm mistaken.
Yes we are selling lot's of firearms to woman and older coulple's for home defence. We are selling lots of LCP's, LC9's, SR9C/SR40C and LCR's that is when we can get them. Ruger is backlogged with all our distributor's.
We also sell Smith & Wesson. They also make small firearms like the BG380 and BG38. They are also hard to get. The J frame revolvers have also been a big seller.
We opened the Gun Shop three years ago and have seen sales grow 20% per year.
I know women are buying Ruger handguns here in AZ., also one of our friends purchased one in TX. With the election coming soon, the headlines of our Sunday paper here in Tucson stated " Gun sales soar in AZ" RGR has lots of room to run,I"ll be buying more on any pullback.