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Mbarnett

Mbarnett
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  • Benchmark sees the re-election of President Obama as an event that could drive sales for Sturm, Ruger (RGR +3.3%) and Smith & Wesson (SWHC +9.1%) higher into 2013 and beyond. Though the firm expects underlying long-term organic growth in the sector to continue, it also sees "political" buying due to fears gun laws could become more restrictive. [View news story]
    Didn't Benchmark just downgrade RGR? I agree with colrick...I buy RGR because they are a fine company...same as SWHC. It's fun to make money on the stock then go out and buy their products!
    Nov 7 04:38 PM | Likes Like |Link to Comment
  • Shares of gun makers Smith & Wesson (SWHC -4.2%) and Sturm, Ruger (RGR -2.8%) fall today on the back of cautious comments out of Benchmark. Analyst Mike Greene suggests that the growth in applications for handguns slowed last month to just 14.7%, down from the 20%-plus growth levels seen from May-August. [View news story]
    Excellent dynamics equals a long term hold. If Romney wins I'm buying more after the stock reaction.
    Oct 7 01:59 PM | Likes Like |Link to Comment
  • Shares of gun makers Smith & Wesson (SWHC -4.2%) and Sturm, Ruger (RGR -2.8%) fall today on the back of cautious comments out of Benchmark. Analyst Mike Greene suggests that the growth in applications for handguns slowed last month to just 14.7%, down from the 20%-plus growth levels seen from May-August. [View news story]
    Buy the news, sell the rumor
    Oct 3 03:42 PM | Likes Like |Link to Comment
  • KeyBanc Capital Markets downgrades gun sellers Sturm Ruger (RGR -4.4%) and Smith & Wesson (SWHC -7.5%). Forget about any talk about the Obama or Romney election factor, this is a good ole fashioned valuation call as both stocks have run up solid YTD gains and appear to have maxed out profitability. KeyBanc's ratings: SWHC to Hold from Buy, RGR to Underweight from Hold. [View news story]
    Yeah, keep selling it so I can continue to buy it cheaper.
    Aug 15 05:40 PM | Likes Like |Link to Comment
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