Ruger on the rise?

[wthunter]

I've held some Ruger stock forever, it seems. Today was a huge upward move, which was particularly curious, given that it was an overall forgettable day for the market.

Aside from some optimism over new products announced at SHOT Show (nearly a month ago now), I'm a little puzzled as to what caused today's spike. On the surface, the latest earnings report just announced didn't seem to dazzle. Anyone who follows the company have a clue on this?

[brokeno]

Stock prices

Vista Outdoors which owns Savage Arms is trying to sell and wants the price high to get more $$$$$$$.

[brokeno]

Ruger is going to buy savage arms

[wthunter]

Just speculation, or have you actually heard something fairly concrete? Because Vista sold Savage (not to Ruger) a few months back.

[brokeno]

Speculation only. No inside trading information here from me.

[wthunter]

Gotcha. I know a lot of industry guys, but none seems to have heard anything. Maybe just one of those quirky trading days. Give me a couple more just like it, and I might liquidate. ��