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screwthemarket

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  • 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]
    This is the same "analyst" who covers Brunswick and Mattel and they come-up just before options expire? If that's not market manipulation, I dunno what is. What if a casino said no bets on number 12 on a roulette wheel. And yet we let these morons get away with it - in fact this idiot trader got an award - so buy a Ruger and have some fun.
    Aug 21 09:25 AM | 1 Like Like |Link to Comment
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