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Shares of Sturm, Ruger (RGR -5.3%) turn lower after a concealed guns bill allowing state...

Shares of Sturm, Ruger (RGR -5.3%) turn lower after a concealed guns bill allowing state reciprocity hits a speedbump in Congress, and looks like it could face a legal challenge if passed. The stock has gained 49% over the last 6 months on enthusiasm the concealed-carry law will significantly boost gun sales across the U.S.
Comments (3)
  • I smell a rat in this report. Ruger does not rule the handgun market. Glock and Beretta do, so their exposure to that market are small at best. There must be other forces moving that stock?
    12 Sep 2011, 11:47 AM Reply Like
  • Mad_Max_A_Million,

     

    Would you kindly expand some on your posting stating you "smell a rat." I own some RGR and am unsure on whether I should hold or sell??????

     

    Thank you,
    antco1
    13 Sep 2011, 12:26 PM Reply Like
  • I just bought 2 Rugers and will always buy more Rugers. Not all gun people like Ruger, but all gun people acknowledge that the 10/22 rifle (a .22 caliber carbine that shoots 10 shots as fast as you can pull the trigger) and the Mark II pistol (They don't make it anymore, they make a Mark III which is not as loved) are here to stay. That means forever. ( Dear Ruger...Please begin making Mark IIs again.) I think I will sell 1000 BAC today and buy Ruger. The stock. Not the walnut stock, I already have that.
    19 Apr 2012, 09:33 AM Reply Like
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