Gun stocks take a hit after election

CNBC ^ | 11/09/2016 | Antonio Jose Vielma

[aimhigh]

Shares of gun manufacturers took a big hit Wednesday morning, after news that Donald Trump won the U.S. presidential election.

Smith & Wesson and Sturm, Ruger & Co. each fell more than 12 percent after Trump defeated Hillary Clinton, and the Republicans retained control of the House and the Senate.

[jneesy]

if prices do drop buy buy buy the gungrabbers WILL be back

[ChildOfThe60s]

i wonder if gun and ammo prices might start coming down

They are as good as they are going to get. Back to pre-Sandy Hook levels for the most part. I guess 22 are never going back to that.

Online shop for ammo. If you are willing to buy a case at a time prices are pretty good. You can get free shipping sometimes and depending where you are, no sales tax.

[drop 50 and fire for effect]

I don’t blame investors for this. Let’s face it, firearms industry’s Salesman of the Year for the last eight years is retiring on 20 January. They will miss him.

[43north]

The ENTIRE market is down but its only the gun makers that are affected, eh? CNBC - figgers.

[Impala64ssa]

Buy low, sell high. As the old saying goes, buy straw hats in January, sell them in July.

[Harmless Teddy Bear]

Maybe I can afford the cute little .30-30 Henry I've had my eye on.

Dear Santa,
I have been ever so good this year.....

[aimhigh]

The ENTIRE market is down but its only the gun makers that are affected, eh? CNBC - figgers.

The Dow is up over 300 points.

[CatOwner]

Well, thanks for Prop 63 passing in California, residents will need a permit (renewal every 4 years) in order to purchase ammunition. Swell.

[Bloody Sam Roberts]

The good news: I am offering a special on a hi-test fishing line and super magnet combo.

To retrieve all those guns that folks here lost in all those boating mishaps?

[Trod Upon]

Yeah, unfortunately now that the election is over I suspect the Democrats will begin pushing mentally ill to go on shooting rampages again.

[43north]

Now its up. Last night the futures were WAY down. The gunmakers have had a great 8 years. Just because The Donald will be President doesn’t mean that the danger has passed. In fact, the cornered rats are likely to become even MORE dangerous.

[Tolerance Sucks Rocks]

Second Amendment defenders do not make the best gun salesmen.

PING!

[ozzymandus]

Panic buying over, normal prices return. Maybe we can finally get some decently-priced .22 LR ammo.

[Myrddin]

A Hillary win would have sparked a run on guns and ammo in anticipation of bans. Trump means no panic to buy before a ban. Normal business mode.

[Magnum44]

Trump means no panic to buy before a ban.

And lower prices :)

[Fightin Whitey]

A nice set of vintage Smith & Wesson N-frame stocks like these can run you close to a grand nowadays!

[husky ed]

I had beautiful pair on my Md66 that I carried on duty till I switched to so Pachmyars.

Ed

[Dacula]

Now I can go plinking again!

---

Panic buying over, normal prices return. Maybe we can finally get some decently-priced .22 LR ammo.

[fella]

"i wonder if gun and ammo prices might start coming down"

They will if Trump orders the sale of all the excess weapons and ammo that the uniparty has hoarded up the past 8 years.

[Myrddin]

A nice set of vintage Smith & Wesson N-frame stocks like these can run you close to a grand nowadays!

My first S&W 629 4" was purchased in 1999. It had Hogue Monogrips. That is the case for most that I purchased subsequently. The single exception is a recently acquired Performance Center 627 8-shot with 5" barrel and wood stocks. It's a different feel compared to the Monogrips. I have many N-frame revolvers. The L-frame with a Monogrip is my favorite combination. The J-frame triggers always pinch my trigger finger. Not a good geometry for me.