Posted on 01/02/2017 6:33:47 AM PST by rellimpank
From November 8 (the day of the 2016 Presidential Election) to November 11 (the end of the week of the election), shares of Sturm, Ruger (NYSE: RGR) stock fell 26% while Smith & Wesson (NASDAQ: SWHC) stock fell 25%. Which kind of begs the question:
What the heck is going on here? Are investors in gun stocks afraid that Donald Trump will take away their guns? Donald Trump?
President-elect Trump says he's a "2nd amendment person." But could that position change? Image source: Getty Images.
(Excerpt) Read more at host.madison.com ...
No.
Dumb. The opposite. The stocks dropped because the fear of confiscations has dropped, so sales in future quarters is not expected to be as robust as they would have been with a Hillary victory.
More “Fake News.”
Precisely.
Any attempt to take away guns should be constitutional like we did with prohibition and the 18th amendment. Anything short of that is lawless.
More fake news?
The greatest gun salesman in history will step down in 18 days.
Of course the gun manufacturers are experiencing a loss of sales. People are no longer afraid of what the President will do in the new administration. It is a sad thing that gun manufacturers will take a big hit once the petulant child is gone. It is happy days for gun owners and freedom loving Americans, in general, though.
Fake news. Trump will restore 2nd Amendment, hopefully nationally. He and Congress need to take it out of the hands of state and local jurisdictions. It should apply equally to all citizens regardless of where they are in the US or their race.
There was a great TV ad during a FB game featuring the Henry rifle company. So far haven’t heard any liberal snowflake agency freaking out.
The Capital Crimes is a notorious left-wing organ. During the Viet Nam War, the Editor-in-Chief called for the prosecution of all of our pilots shot down in North Viet Nam as pirates.
The Capital Crimes is a source of fake news.
The threat from the Kenyanesian Usurper is going away.
That’s why the drop in stock prices/
Trump is the most 2nd Amendment friendly President we have had in decades.
By an author who has no understanding of finance.
No actually, it doesn't. That said, this misused phrase could probably be considered a regular part of the US English lexicon by now. To be followed shortly by "should have went".
I have to wonder if the author thinks that the reason people don't buy a lot of winter jackets in April is because they think someone is going to "take their jackets" away from them.
winner
Bingo!!
It could be that gun sales are slacking off now that Trump is basically confirmed, since people *aren’t* afraid of someone taking their guns, and hence, aren’t panic buying any more.
Why of course Trump will take away our guns. Only Bloomberg is more anti-gun than Trump. Who ties the shoes of this jackass in the morning?
Why of course Trump will take away our guns. Only Bloomberg is more anti-gun than Trump. Who ties the shoes of this jackass in the morning?
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