Well it would seem I was off by selling RGR this week. Ah well, no regrets on my part. I had feared a sell the news type reaction, so I took my 40% and ran.
I’m surprised the stock is up by this much, given how far down background checks are.
What a marvelous company.
At any rate, I won’t be chasing it here. I’ve had my fun and intend to let the good people of Ruger manage it alone.
If you enjoy the content at iBankCoin, please follow us on Twitter
I held on until today then followed your lead towards the door. I think the firearm furor is abating for now. Good company, good trade. May look to invest long term if they sink back to 40-ish.