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Sturm, Ruger & Co. Inc. Message Board

  • chinookcook2000 chinookcook2000 Mar 7, 2013 2:20 PM Flag

    another 2.80 price swing today

    A day traders dream.

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    • Or nightmare. Depends what side you're on when it swings. Personally, that's not how I invest but I figure at least day traders add a little liquidity to the market. I figure that the market can value this stock from $40.00 to $90. This is based on the low/high price as a ratio of gun orders. I know everyone has their own method of valuing certain stocks. That is the method I use for RGR. I try to build a position in the low range and sell in the high range. A move of a few dollars in that range doesn't interest me because I think it's impossible to predict consistently to make any money over the long run. There's just too many uncontrollable variables.

      Sentiment: Hold

62.72-1.26(-1.97%)Aug 26 4:02 PMEDT