WLinvestment

RUGER ready to fly? Hedge for civil unrest.

Long
WLinvestment Updated   
NYSE:RGR   Sturm, Ruger & Company, Inc.
Civil unrest is almost guaranteed in the coming weeks+months in the US. RGR has nice low IV%, and could be a great defensive play.
Comment:
RGR flying out of the gates. Targets 74 and soon, then 84 then 94, then possibly 110 with adequate catalysts. HOLD ON
Comment:
BANG! into first target at 74, sold 1/3 of my call play, riding the rest.
Comment:
Gap fill & strong supportaround 69. If that holds we can go to the 84/94 targets
Comment:
Still looks like $90+ on deck for this stock. I am out of the trade myself but this is a GREAT FA stock.

White Lake Investment
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