I changed my mind, and sold the entire RGR position for $48.63. The size of gains on this position is difficult to determine, but it’s definitely much higher than 20%. I’ve sold in and out of it numerous times in the past year, for big profits on every swing.
There’s a lot of headwind here. I’ll wait and if, God willing, it drops back to $40, maybe I’ll load up again.
(Offers a toast to RGR)
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Smart.Like gold it’s a fear trade.Not
enough going round
Yeah, I have mixed feelings on this one too…holding out hope for a significant number.