Need an up day rebound ( hope this isnt the big pullback) and then an upgrade then we will se $150 in a matter of days after that. This stock is still extremely cheap I believe.
Never assume the head of the company is the smartest tool in the shed. How you butcher participation in a bull market is beyond me.
Good news when you have a quiet board and make a new 52 week high. I think after earnings we could be at $170 so add to your position now if you are thinking about it!
Dont know but OREX is going to hear in the next 30 days. Its either going to $10-$15 or down 3.
RGR is the cheapest growth story out there. Whether it trades at $50 or $60 is irrellevant and subject to short term percepetions. A year from now the stock will be at $120+. Shorts will be covering towards the end of this year to push it into the 70's, 80 IMHO. But yes I'm also a cheeleader for this stock and company.
Wherever it is trading in August, I think the big picture is the stock will double within a year. This is the Apple of the firearms industry. Buy one, buy all, buy differnt colors, by the winner in each gun category. 10/22, Mark IV, SP101, GP100, Revolvers, Autos, Mini 14s, Ranch guns, .308, Hunting- They have it all and more to come.
"Your holding for Scott..??..Ah yes.. Scott is no longer with the firm is there someone else I can direct you to??"
Amazing isnt it. In since the teens. Big winner for the entire family. Thinking of selling in the next leg up now that the one year holding is over. Salute!
If this breaks they need to replace the CEO. Small mindset doesnt work if he misses the greatest opportunity to sell the maximum units of product. I am long and think this company is worth twice what its trading for but something dramatic is needed. Perhaps a move to take the company private?
Could be conservative. Im alowing for the stock to trade at a 20x eps which is a small expansion of the pe multiple. Target to $4+ dollars a share in profit. $90- $120 sometime next year. This stock can easily be worth 2 billion in market capitalization. Technically here at new highs is a good sign as well.