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STOCKS: SWHC & RGR
Posted: Thu, 07 Jan 2010 14:28:32
by Username
Anybody else notice how Ruger as well as Smith & Wesson seemed to have not rallied along with other sectors? Now that record gun sales are being recorded, both Ruger and Smith & Wesson are seeing record breaking quarters.
I smell two good investments, barring any additional government regulation on the private citizen.
Any stock investors here care to chime in?
D
Re: STOCKS: SWHC & RGR
Posted: Thu, 07 Jan 2010 15:55:20
by OakRidgeStars
Re: STOCKS: SWHC & RGR
Posted: Thu, 07 Jan 2010 15:58:12
by Username
Based on....?
It's hard to not feel some love for RGR, paying a 3.5% dividend and both companies have had a lot of growth in the past 2 quarters.
What's your reasoning?
Re: STOCKS: SWHC & RGR
Posted: Thu, 07 Jan 2010 16:03:24
by OakRidgeStars
For 2009
For 2010 - 2012
?????
Just that nagging feeling that when the Dems tank, so will firearm sales -- at least for a while.
Re: STOCKS: SWHC & RGR
Posted: Thu, 07 Jan 2010 19:05:09
by zephyp
I've got some OLN (Olin Corp). Its doing ok but nothing spectacular. I looked around last March for large companies that had been beaten down and were paying a dividend. If you are interested in gun related stocks do some research on those that manufacture ammo, powder, primers, brass, and have contracts with the government. I recommend large blue chips that have a decent history of paying a dividend. The "get rich quick" time for this market IMO is over for now.
Re: STOCKS: SWHC & RGR
Posted: Thu, 07 Jan 2010 21:07:29
by Vahunter
Get rich quick. Buy stock in .380 ammo.
Re: STOCKS: SWHC & RGR
Posted: Thu, 07 Jan 2010 21:09:14
by zephyp
Vahunter wrote:Get rich quick. Buy stock in .380 ammo.
Yeah, thats what I thought on the Olin deal since they own Winchester. I'm still taking my lunch to work in the same brown paper bag...
Re: STOCKS: SWHC & RGR
Posted: Thu, 07 Jan 2010 21:11:16
by Username
6 months is the time frame. We'll see, I'll drag this thread back up and let you know how I did.
Re: STOCKS: SWHC & RGR
Posted: Thu, 07 Jan 2010 21:15:06
by zephyp
Username wrote:6 months is the time frame. We'll see, I'll drag this thread back up and let you know how I did.
Good luck, Dustin !!!
Re: STOCKS: SWHC & RGR
Posted: Mon, 26 Apr 2010 14:01:58
by Username
Ruger: Up 51%
Smith & Wesson: Down 5.5%
Glad I took a minority investment in SWHC, and put the majority of my money in Ruger.
Hold until July to avoid the short term trading penalty, or sell now is a huge struggle. SWHC remains as a long term investment irregardless of the market price.
Re: STOCKS: SWHC & RGR
Posted: Tue, 27 Apr 2010 07:03:56
by zephyp
I've been holding Olin (OLN) for a while now...they're doing pretty good....I've been looking at Ruger (RGR) but they've run up quite a lot...not sure about them...they dont pay much of a dividend either but the analysts say its a good buy...they have some excellent financial indicators too, cash on hand and no debt listed by Yahoo finance.