RGR back in da BUY ZONE
Updated
RGR has been a real undervalued gem in 2021. We NAILED the entry back in January, and I think this stock is getting ready to move again. The $70-75 area is a great value buy zone, with earnings just around the corner. It's sitting just above the .618, with some MACD divergence. With a 1.5%~ dividend yield this is a strong value. I am long via shares and the Aug 20th 80C from $1.55.
Comment
Beautiful earnings report +44% surprise and a $1 dividend. Staggering what this company is doing for investors and no one is taking notice. Shares out is extremely low for something of this size... I've sold half my options trade posted above - will hold the rest in case WSB catches on to this... RGR could absolutely explode with the right meme interest...Comment
Sold another tranche of options at +170%. Riding the last bag for a yolo. $96 is possible before expiry
White Lake Investment
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