InvestorsHub Logo
Followers 137
Posts 124030
Boards Moderated 19
Alias Born 03/05/2001

Re: None

Tuesday, 05/20/2008 12:05:11 PM

Tuesday, May 20, 2008 12:05:11 PM

Post# of 247
Why Buy RGR? After the loss of founder and business giant Bill Ruger, the company went in many new directions trying to fix what didn’t need fixing. I believe they now have the message that while some ideas were good ones, too many and too soon was not the answer. I believe three things will put RGR back into market with strong numbers in the near future.

1- Strum Ruger has seen the results of going where Bill Ruger didn’t want to go, they now know they are in trouble.

2- The economy will adjust to the new stresses that it has endured and once again the public will start buying, especially when companies realize the public has had enough and quits bilking us; in my opinion we are at that point.

3- All three presidential candidates are anti-gun, even McCain; I think once the election heats up, or when is over, and especially if it’s Obama, guns sales will rocket in a panic to load up in case restrictions are reactivated or enacted.

JMO
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent RGR News