RGR update

The usual then (Sept 30, 3 weeks ago) and now charts:

rgr nov 2012rgr dec 19 2012

The difference is $20 on $60 or about 30%. You are now on the bottom trend line so a little bounce would not be all that surprising, but this one should continue to at least $25 if not more. See also Smith and Wesson (SWHC) that has experienced a similar drop from $11 to below $8. This by the way, is a good example of the contention that stock prices are not moved by events but by investors moods.