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Gun stocks take a hit after election
CNBC ^
| 11/09/2016
| Antonio Jose Vielma
Posted on 11/09/2016 11:45:13 AM PST by 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.
(Excerpt) Read more at cnbc.com ...
TOPICS: Business/Economy; Politics/Elections
KEYWORDS: banglist; ruger; stocks
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1
posted on
11/09/2016 11:45:13 AM PST
by
aimhigh
To: aimhigh
That is news I can live with.
2
posted on
11/09/2016 11:46:06 AM PST
by
rjsimmon
(The Tree of Liberty Thirsts)
To: aimhigh
No surprise, I am deferring my next purchase. Also, excited to watch ammo prices come down and supply increase.
To: rigelkentaurus
i wonder if gun and ammo prices might start coming down
4
posted on
11/09/2016 11:47:12 AM PST
by
jneesy
(I want my country back and Trump is gonna give it to me)
To: aimhigh
Investors may end up wrong here. If the left continues to protest and start to destroy property post-election, I can see a steady stream of new gun purchases.
5
posted on
11/09/2016 11:47:16 AM PST
by
CatOwner
To: aimhigh
What investors feel people will no longer will need guns? Ludicrous. I guess this is a good gun buying opportunity then.
To: aimhigh
Criminals and terrorists aren’t taking the next few months or years off.
Just sayin’.
7
posted on
11/09/2016 11:47:48 AM PST
by
SaveFerris
(Be a blessing to a stranger today for smeome have entertained angels unaware)
To: aimhigh
War is still coming. I’d buy on the dip.
All that happened yesterday was an election. Wait until legislation turns into enforcement.
Ammo will get scarce again in a hurry.
8
posted on
11/09/2016 11:48:20 AM PST
by
RinaseaofDs
(Truth, in a time of universal deceit, is courage)
To: aimhigh
9
posted on
11/09/2016 11:49:52 AM PST
by
grobdriver
(Where is Wilson Blair when you need him?)
To: CatOwner
Makes sense short term, as in huge sales before Supreme Court flipped under Clinton. Long term these companies would shrivel and die with no civilian sales.
To: aimhigh
Figures. I just bought SWHC the day before the election in case the she-devil won.
11
posted on
11/09/2016 11:50:54 AM PST
by
Old Yeller
(Auto-correct has become my worst enema.)
To: aimhigh
The good news: I am offering a special on a hi-test fishing line and super magnet combo.
12
posted on
11/09/2016 11:50:58 AM PST
by
867V309
(Lock Her Up)
To: rigelkentaurus
5.56 ammo dropped around 70-100 dollars a thousand in the last few days.
13
posted on
11/09/2016 11:54:07 AM PST
by
VRWCarea51
(The Original 1998 Version)
To: aimhigh
14
posted on
11/09/2016 11:55:23 AM PST
by
Lurkinanloomin
(Know Islam, No Peace - No Islam , Know Peace)
To: aimhigh
Sounds like a buying opportunity to me...
15
posted on
11/09/2016 11:57:12 AM PST
by
elteemike
(Light travels faster than sound...That's why so many people appear bright until you hear them speak)
To: aimhigh
Don’t know about you guys but I plan on celebrating with a new Trump special. Don’t know just what it is I am going to buy yet, but it will have to be Trump-like. In your face, non-compromising, direct, deadly, effective, nake no prisoners.
16
posted on
11/09/2016 11:58:18 AM PST
by
Freedom_Is_Not_Free
(Ask yourself Hillary, What profits a gal if she gains the world but loses her soul.)
To: rigelkentaurus
Buy NOW. You MIGHT need it if the liberal wackos go off.
17
posted on
11/09/2016 11:58:27 AM PST
by
ZULU
(We are freedom's safest place!!!!)
To: aimhigh
Down 17% in my portfolio.
18
posted on
11/09/2016 12:00:41 PM PST
by
Carriage Hill
( Peace is that brief glorious moment in history, when everyone stands around reloading.)
To: aimhigh
19
posted on
11/09/2016 12:02:39 PM PST
by
Windflier
(Pitchforks and torches ripen on the vine. Left too long, they become black rifles.)
To: jneesy
Glad I only bought 500 extra rounds of 5.56 last week, LOL.
20
posted on
11/09/2016 12:02:48 PM PST
by
Trod Upon
(Government employees and welfare recipients are both net tax consumers. Often for life.)
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