ADSU was just upgraded to a $2 price target by Everest Stock Market Research, add this one to your watch lists immediately we could see huge gains tomorrow morning. The last alert they put a price target on went up over 3000% same day!
"Income from continuing operations for the second quarter was $17.1 million, or $0.28 per diluted share, compared with $16.4 million, or $0.24 per diluted share, for the second quarter last year."
The AP article is misreporting, perhaps by not comparing apples with apples, ie. "continuing operations". Perhaps they are including the Walther earnings in there, without showing the proper adjustment for continuing operations.
what tragedy did it even happen? who wants to buy in at all time highs. when the federal reserve slows or stops its massive $85 billion dollar a month bond buyback program you know what will happen to the market. I think the bond buying program just formed a huge stock market bubble.
Even if he said anything about a "plateau" - that's just setting a modest expectation that will be beat.
If Ruger thought sales would not continue to grow, would they be buying a new facility? No.
The proportion of the population buying guns is up. 1st time buyers are up. Repeat buyers are buying more - and will increase that as the economy improves. And Ruger's market share is growing with their many new products. Basically, they are getting a bigger slice of a bigger pie.
OH - and shorts - the short was an amazing 43% or so aout a year ago - now it's 'only' 32(?) %.