Buck13
Member
Yikes. The stock price for Ruger (ticker RGR) opened the day down about $5 and dropped another $5 so far, after being pretty stable around $55-57 lately. Earnings report was barely 1/3 of expected and sales are off about 25%; I guess that was announced after the close of trading yesterday?
Maybe I should buy a few more shares while the price is down! Panic buying of their products oughta set in again in about a year as the election approaches...no thanks to me, since I'm more in the "used MkII" market. There's at least a couple more of those that I'd like to buy and hoard.
Maybe I should buy a few more shares while the price is down! Panic buying of their products oughta set in again in about a year as the election approaches...no thanks to me, since I'm more in the "used MkII" market. There's at least a couple more of those that I'd like to buy and hoard.