re: gun stocks (RGR, AOBC, VSTO)

quote:

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15:04 ET - Sturm, Ruger CEO Chris Killoy says the gunmaker plans to increase engagement with shareholders on the vexed issue of gun safety and links to violence--and with it, company liability. It's a softening of the company's previous stance, though Killoy says at the company's annual meeting that he remains skeptical of so-called "smart guns" as well as the potential for a consumer backlash from its core customers, something he'd witnessed while an executive at rival Smith & Wesson. Shares down 7% after drop in 1Q sales and profits.

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yeesh...

i sold my VSTO to buy more RKUNY before it tanks as well. i'll hold the RGR and hope for the best