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Smith & Wesson Holding Corporation Message Board

  • je.starling je.starling Apr 4, 2013 11:52 AM Flag

    Datbehardwork: Why Is RGR Being Pumped?

    Why do you think it is being pumped? It is well below its normal volume. Basically 30,000 shares pumped it 2.56%. That's silly. I'm thinking of taking a position in RGR on Monday. Thoughts?

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    • its not being pumped. Its just a bounce because it just got hammered recently.

    • I think it is being used to "rising water lifts all boats" type of thing. People look at RGR up 2.5% and then see SWHC down or flat and retail schmucks think SWHC is a bargain...again, just my opinion.

      Not sure about RGR, why Monday?....earnings out at end of month.

      It's all a crapshoot for RGR with earnings, public sentiment, DOW at record highs, States illegally banning weapons and even magazines. When I was trading RGR earlier (short and long, it was in the $46-$54 range)...if you do buy or sell just get your mental stop ready and stick to it.

      • 1 Reply to datbehardwork
      • I was thinking Monday to buy the dips when gun control votes start in the Senate. The Senate is not going to pass anything, and the news of the Senate bills failing may be the positive impetus to start creeping back up in anticipation of earnings. However, I do agree the bigger threat is from the blue states passing dumb legislation like New York and Connecticut.

        I think RGR is due to rise rather well in the short-term, but you are right that long-term the gun stocks are #$%$ shoots. Politics or another Newtown could blow them up. Short-term trade worthy only.

 
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28.65+0.18(+0.63%)Jul 22 4:00 PMEDT