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Shares of Sturm Ruger (RGR) lose 11.1% in early trading despite the company recording a healthy...

Thursday, August 2, 2012, 9:47 AM ET
Shares of Sturm Ruger (RGR) lose 11.1% in early trading despite the company recording a healthy earnings beat for Q2. While gun demand remains strong, are the increasing odds for a Mitt Romney presidency weighing on gun stocks? SWHC -0.9%.

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This news story has 10 comments:

betonthehouse Comments (3)

Anyone else find it odd that the company beats on all numbers and the stock gets whacked 11%? More evidence that the market is a fancy casino.

2 Aug 2012, 10:21 AM Reply Like

nj2h Comments (44)

No.

This is a small cap with 30% short interest.

Once the production capacity issues are ironed out, it's a definite long-term growth/dividend holding. It's fundamentals are very sound, except for a few headwinds on EPS growth.

If you wanted to increase your holdings, today was a good opportunity.

This is not a day-trade stock.

2 Aug 2012, 06:09 PM Reply Like

itinerantinvestor Comments (30)

Buying opportunity. These stocks are going higher. Smith & Wesson's product line is geared toward what is selling the best today, black guns and handguns. FD. Long SWHC and ATK.....and now RGR.

2 Aug 2012, 10:27 AM Reply Like

larocag Comments (966)

Could be that all of the folks that think they need to fully arm, ahead of gun laws, are already fully armed.

2 Aug 2012, 10:48 AM Reply Like

kln552 Comments (3)

Seriously - would someone weigh in on wtf it means when a good performing company beats earnings expectations and gets hammered 12%. I'm getting to the point where I'm about done with individual stocks

2 Aug 2012, 11:35 AM Reply Like