Yeah, well that pattern is going to get inverted for swhc holders tomorrow. To the moon, Alice, too the moon!
Tuesday pivot. The market will take a fresh look at swhc when they announce blowout earnings. The sudden realization that swhc had a low p/e, low p\s, and a rock hard balance sheet will give them confidence to run the stock and still be safe. New entrants will have the confidence to 'buy high and sell higher and still be at a pe of 15. I am looking for an easy double.
You are new to the gun world. It has a very long memory. As an example S&W pulled a #$%$ back in the mid 90's which is only being fixed recently. Do you recall what they did to po its customer and political support,?
Gun prices have skyrocketed in the last 6 years anyhow. In the last ten years, doubled.
A wholesale price increase would be viewed extremely unfavorably by retail buyers. Swhc and Ruger are doing the right thing. Just remember, swhc might be able to charge 20% more on a wholesale level, translating into a 25-30% increase to retail, but when the music stops, the retail buyer is going to be very displeased when the pricing drops down.
Your homework assignment is to find out what swhc did to anger its customer base and almost destroy the company.
Ruger reported 4th quarter earnings this week.
oy vey
Ruger now has a handsome model 1911 @ a good price. Check it out.
I didn't say that WHC and RGR are 'compared'. The SWHC earnings call will provide MORE insight into RGR 1Q earnings than have been offered so far by Piper. Learn to read, son.
No shi!t iii.
Wait until swhc releases earnings. .. . . . . MOONSHOT!
All the idiot liberals got out of the market today, after listening to their beloved leader tell them that the end of the world would take place this weekend.
The literally drank the koolaid.
And on Monday morning, when they wake up and the sky has not fallen, they will buy back in, much higher.
yes - you are correct. There is a risk that the frenzzy dies down, but I doubt it. Diane Fienstein won't keep her mouth shut on gun control and her buddy Barry will keep hooting about it to keep his followers nodding. Then we have Jessie jackson, the rhyming reverend, who will also throw some gas on the fire.
Ruger reported earnings through 12/31..... SWHC will report earnings through JANUARY 31, 2013. January gun sales were actually rampin up even more than December. Hi Ho, up we go. better buy now, dummies.
The crackho and the democrats yesterday announced that 170,000,000 jobs would be lost. its in the news and on camera.
He did say that they do have annual pricing increases. Keep in mind, they don't want to generate bad blood in generational branding. If they were to take advantage of the situation on w wholesale level, it would ripple through to retail and include a markup. Ruger will effectively get its margin enhancement via favorable overhead application (economies of scale).
You must be an Obamite to actually believe the statements (lies) he tells. Do you believe that the US will loose 170,000,000 jobs? Do you know horse#$%$ when you hear it, or do you actually have to have it shoved down your throat until you understand what it is?
Folk, SWHC reports March 5th after close of business. 866-804-6928 passcode 35129271.
Note that the quarter ends for SWHC on January 31, 2013. Therefore, they will reveal gun demand for January, which will serve to add forward knowledge Sturm Ruger.
So another POP for Ruger next wednesday? I say YUP. Ruger and SWHC will be on a March until June.
That is a great thought - a good way of thinkin about it all. So you are saying the company could be worth $190,000,000 due to positive outlook. I say you are CORRECT, SIR! Today's chart is showing it!
Good day.
Just speculating. No tax advantage anymore. They more like sold covered calls to shorts? I don't think the finds have to report short positions as they do long positions.
The funds that hold rgr probably were #$%$ and shorted their shares to avoid the risk they perceived in the gun industry. They likely will want to cover and go long based on the news.
If it goes to $100 next week, I am selling.
Yall just put the final nail in shorties coffin. They just going to beat out of Ruger as quick as possible before Ruger drops another surprise on them. Like a $3 dividend. As I review Remington and marlin product lines, there is too much duplication for Ruger to make an effective acquisition. Better to let some stupid fund buy Remington or marlin, pay too much for them and then mis-manage them into the ground.
The gap goes from prior day CLOSE. If there was volume ah there is a chance that the predominant ah pricing would be the opening price. Or it could just go up $1.50. Tuesday is not far away!