Frequently for political, sometimes nefarious, reasons.Trying to find a reason for a stock's price change on any given day is what financial news analysts are paid to come up with.
It's one of the things people but multiples of little reason.I'm still shocked at the gun market anyway. Always have been. They almost never wear out, and we are still using the same old things for the most part. John Browning has his patents in almost everything made and he died nearly 100 years ago.. No other industry is so successful with next to zero innovation on items that last 100 years with any care.
It's one of the things people but multiples of little reason.
I can't get in a soap box because I could thin my assortment down by 90% and still get by fine.
Agreed. Gun knowledge is better than gun control.Perhaps it is time to improve the firearm's weakest link... .
We are down to small, incremental improvements to the various types of firearms.
No gun maker is going to bring back a classic Savage 99
Ruger has been a pretty good performer over the last year, but it got ahead of itself:
If a person had bought 100 shares of RGR in 1990 for about $4,800 AND DID NOTHING ELSE they would now own 300 shares worth about $19,100 and in the meantime collected almost $8,000 in dividends, making their investment worth around $27,100. Anybody can save up enough to buy 100 shares of stock of a good company. And if they don't want to start with stocks, they can buy $25 or $50 worth of shares in a mutual fund. If they start early enough, and if they're patient, they can become, at least, modestly rich. So much for the person above that thinks stocks are only for rich people. Anybody can buy stocks. Anybody can buy mutual funds. Anybody can become modestly wealthy. They don't have to be rich to start. But they can end up there. Anybody. They just have to start early, be consistent, and be patient. Such is the magic of capitalism.In high school we had to pick a stock and follow it in the early 90s. .... I picked ruger.