- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
RGR & SWHC
Posted on 2/28/13 at 8:53 am
Posted on 2/28/13 at 8:53 am
RGR reported record earnings yesterday.
However the market is not reflecting that today.
Up 3% in the pre market only to fade to -2% now.
Any reason why? Other than the potential gun ban?
Also, any thoughts on jumping into SWHC before their earning next week?
quote:
The Southport, Conn.-based company said it earned $1 per share on sales of $141.8 million in the final three months of 2012.
Analysts were looking for earnings of 82 cents per share and sales of $122 million.
The results do not fully reflect the recent spike in gun sales, most of which occurred have occurred in 2013.
However the market is not reflecting that today.
Up 3% in the pre market only to fade to -2% now.
Any reason why? Other than the potential gun ban?
Also, any thoughts on jumping into SWHC before their earning next week?
This post was edited on 2/28/13 at 10:21 am
3
Posted on 2/28/13 at 2:04 pm to OnTheBrink
Well, judging by the overwhelming response, this thread was obviously a hit.
Anyways, RGR is now up almost 2%. Anyone care to speculate the reasoning or logic behind this?
1. RGR reports record earnings
2. RGR drops 2% at open
3. ????????
4. Profit
quote:
Up 3% in the pre market only to fade to -2% now.
Anyways, RGR is now up almost 2%. Anyone care to speculate the reasoning or logic behind this?
1. RGR reports record earnings
2. RGR drops 2% at open
3. ????????
4. Profit
Posted on 2/28/13 at 3:15 pm to OnTheBrink
I bought RGR near the bottom of the dip after the school shooting. I having noticed while owning this stock that it is extremely volatile and seems to move up as well as down for absolutely no reason at all. When gun restrictions are discussed, the stock performs negatively although it sends customers running to the nearest gun store to stock up.
As far as the gun ban goes, I think a lot of this is ignorance from people that don't own guns and are very misinformed. There is absolutely 0% chance of a total gun ban. Right now the only thing under fire are assault rifles (which I believe make up less than 15% of RGR's total sales) and high capacity magazines.
I see gun stocks continuing to out-perform the market over the next few quarters but I believe the peak of gun sales is nearing. It would be hard to sustain this kind of performance. Either the bans will take place or they will be shot down and this gun frenzy will start to die down a bit. Just my 2 cents
As far as the gun ban goes, I think a lot of this is ignorance from people that don't own guns and are very misinformed. There is absolutely 0% chance of a total gun ban. Right now the only thing under fire are assault rifles (which I believe make up less than 15% of RGR's total sales) and high capacity magazines.
I see gun stocks continuing to out-perform the market over the next few quarters but I believe the peak of gun sales is nearing. It would be hard to sustain this kind of performance. Either the bans will take place or they will be shot down and this gun frenzy will start to die down a bit. Just my 2 cents
Posted on 3/1/13 at 2:30 pm to OnTheBrink
No other opinions from the money board on the futures of these two stocks? 
Posted on 3/1/13 at 2:35 pm to LSUTOM07
I know it not "another" opinion, but the runup to SWHC earnings next week seems to be in progress.
Posted on 3/1/13 at 2:42 pm to OnTheBrink
Yea ruger is also up nicely today. Hopefully this trend can continue if what's going on in Washington doesn't get in the way
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News