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Gun stocks lag after gun control bill fails
CNN Money ^ | 4/18/13 | Aaron Smith

Posted on 04/18/2013 8:10:52 PM PDT by lump in the melting pot

The U.S. Senate's defeat of the gun control bill could deal a surprising blow to the gun industry.

On Thursday, the first full trading session since the bill was defeated, gun stocks lagged, and analysts fear this might be part of a wider trend.

(Excerpt) Read more at money.cnn.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: gun; guncontrol; secondamendment; stocks
Maybe someday soon I can buy some 22lr ammo again...
1 posted on 04/18/2013 8:10:52 PM PDT by lump in the melting pot
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To: lump in the melting pot
gun stocks lagged,

Lagged fdrom astronomical highs?

2 posted on 04/18/2013 8:14:08 PM PDT by umgud (2A can't survive dem majorities)
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To: lump in the melting pot

CNN Money. LOL! They wish.


3 posted on 04/18/2013 8:16:27 PM PDT by FlingWingFlyer (Dude! Where's my Bill of Rights?)
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To: lump in the melting pot

Do you know if there was an amendment added to the bill yesterday that would have been a ban on high capacity mags?


4 posted on 04/18/2013 8:18:02 PM PDT by Roos_Girl (The world is full of educated derelicts. - Calvin Coolidge)
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To: lump in the melting pot

Wow! Obama and his crew are geniuses!

They wrote a bill that pretended to do something but was doomed to fail.

People then have a lowered fear of gun-grabbers and buy a lot less weapons and ammo, causing the gun makers to go out of business. /s

Now’s the time to buy.


5 posted on 04/18/2013 8:20:01 PM PDT by Right Wing Assault (Dick Obama is more inexperienced now than he was before he was elected.)
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To: Roos_Girl

“Do you know if there was an amendment added to the bill yesterday that would have been a ban on high capacity mags?”

There was one to ban those mags, but it failed.


6 posted on 04/18/2013 8:20:32 PM PDT by Marcella (Prepping can save your life today. Going Galt is freedom.)
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To: umgud
Sorry CNN. You can spin what comes out of the whitehouse, but you can't spin this. We know what a bunch of lying apes you are.
7 posted on 04/18/2013 8:21:47 PM PDT by KittenClaws (You may have to fight a battle more than once in order to win it." - Margaret Thatcher)
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To: lump in the melting pot

And now you know why arms and munitions manufacturers didn’t rush out to spend capital resources on expanding production. The drop in demand would have wiped of these companies. Instead, they allowed the market to set prices and temper demand. Let us return to normalcy.


8 posted on 04/18/2013 8:35:36 PM PDT by Procyon (Decentralize, degovernmentalize, deregulate, demonopolize, decredentialize, disentitle.)
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To: lump in the melting pot
Since all gun manufacturers have a two year backlog in orders, so what? Now, let's get the ammo restocked.
9 posted on 04/18/2013 8:46:36 PM PDT by MasterGunner01
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To: Procyon

OK, where’s the 5.56mm, the 7.62 NATO, the .22lr, the 30-06....

I’ll take market forces over government intrusion any day, but....all right, let’s wait a few days & see if the store shelves start to fill up again.


10 posted on 04/18/2013 8:48:10 PM PDT by elcid1970 ("The Second Amendment is more important than Islam.")
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To: Marcella

Thanks, finally found the info that the amendment was defeated prior to vote on the bill. After I asked of course. :)


11 posted on 04/18/2013 8:49:29 PM PDT by Roos_Girl (The world is full of educated derelicts. - Calvin Coolidge)
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To: lump in the melting pot
Maybe someday soon I can buy some 22lr ammo again...

You could buy it now, you just can't afford it. There's plenty showing on gunbot, the cheapest being $150 a brick. Most expensive is 58¢ a round. Which, coincidentally is the same price I paid last night for a case of 5.56.

I've taken to practicing with the AR and the 30-30. For 58¢ a round I want to feel like I'm getting more bang for my buck (pun intended).

12 posted on 04/18/2013 9:01:28 PM PDT by ChildOfThe60s (If you can remember the 60s.....you weren't really there)
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To: lump in the melting pot

Smith and Wesson closed up 14 cents. If this is lagging, I am all for it. Ruger was only down 70 cents.


13 posted on 04/18/2013 9:01:42 PM PDT by drinktheobamakoolaid (If we falter and lose our freedoms, it will be because we destroyed ourselves. Abraham Lincoln)
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To: elcid1970

Actually, compared to a couple of months ago, there is a lot of .223/5.56 out there. Price isn’t very palatable, but at least it’s more available.

http://www.gunbot.net/ammo/223-556/


14 posted on 04/18/2013 9:04:52 PM PDT by ChildOfThe60s (If you can remember the 60s.....you weren't really there)
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To: lump in the melting pot

That’s O.K., what CNN doesn’t realize is that the stocks we buy have steel barrels...and pay dividends with diversified expenditures in volatile market scenarios.


15 posted on 04/18/2013 9:13:41 PM PDT by Mobilemitter (We must learn to fin >-)> for ourselves.........)
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To: lump in the melting pot

Damn...maybe now I can buy some ammo....


16 posted on 04/18/2013 9:17:22 PM PDT by Victor (If an expert says it can't be done, get another expert." -David Ben-Gurion, the first Prime Minister)
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To: Mobilemitter

... and pushing precious metals.


17 posted on 04/18/2013 9:35:40 PM PDT by MHGinTN (Being deceived can be cured.)
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