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re: Gun stocks taking a beating... when to buy?

Posted on 1/28/13 at 8:57 am to
Posted by LSUTOM07
Baton Rouge
Member since Dec 2011
765 posts
Posted on 1/28/13 at 8:57 am to
Anyone have any thoughts on when the guns stocks will hit their peak? I'm currently up 28% in RGR with earning to be released late February. I have a gut feeling the stock will get a nice lift after the earnings are released but a lot can happen in a month.
Posted by C
Houston
Member since Dec 2007
27844 posts
Posted on 1/28/13 at 9:12 am to
Nope. I don't follow them enough. I think they'll be up as long as their is talk in washington. I would think, like most things, once the deal is final the stocks will probably drop. But that's just me buying into the theory: "Buy on rumor, sell on news."
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