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re: gun stocks (RGR, AOBC, VSTO)

Posted on 4/5/19 at 11:18 am to
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11193 posts
Posted on 4/5/19 at 11:18 am to
I'm not sure how their inventory issue looks. But I would peg your idea on that theme and go look into the companies that were producing massive amounts of inventory in anticipation of a Hillary election. If margins are still being squeezed, it's a no. I think this is a good idea going into 2020.

I looked for a minute and it looks like RGR has actually been reducing their liabilities, and have no debt. 2% yield and trades at 18x ttm earnings. So going into a progressive primary could help spook buyers
Posted by cgrand
HAMMOND
Member since Oct 2009
38910 posts
Posted on 4/5/19 at 11:29 am to
quote:

I think this is a good idea going into 2020

i agree...and we are kinda "going into 2020" now. interested to see if anyone is buying now at these prices, or thinking they will fall even farther
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