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Why Gun Stocks are Plunging Since Trump Won
CNN Money ^ | 11-11-2016 | Aaron Smith

Posted on 11/13/2016 5:52:07 PM PST by brucedickinson

Gun stocks have plunged since the election of Donald Trump. What happened? Trump was endorsed by the National Rifle Association and was the clear favorite of white, rural, gun-loving America. But the stock prices for Sturm, Ruger (RGR) and Smith & Wesson (SWHC) have both dropped by more than 20% since Trump won. The problem is that gun lovers are losing their biggest boogeyman: Hillary Clinton, who would have continued President Barack Obama's pursuit of gun control legislation. She was so reviled by the industry that Ruger CEO Michael Fifer described her in August as "actively campaigning against the lawful commerce in arms." At the same time, his company reported a 19% spike in quarterly sales, fueled by

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


TOPICS: Crime/Corruption; Culture/Society
KEYWORDS: banglist; guns
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To: 2CAVTrooper

That’s the one. :)


41 posted on 11/13/2016 6:35:16 PM PST by Lazamataz (TRUMP WINS!!!! TRUMP WINS!!!! TRUMP WINS!!!! TRUMP WINS!!!! TRUMP WINS!!!! TRUMP WINS!!!!)
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To: brucedickinson

They’ll come back up. When the libbies realize they are the only ones without guns, there will be another run on them.


42 posted on 11/13/2016 6:37:26 PM PST by ThePatriotsFlag ( Anything FREELY-GIVEN by the government was TAKEN from someone else.)
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To: vetvetdoug

I don’t know. I prefer to buy what I can find in person, and with cash. The guys in the family worry about all the other calibers, I worry about the .22s which we use most often.


43 posted on 11/13/2016 6:38:42 PM PST by tiki
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To: brucedickinson

So does this mean I can buy 22 LR ammo again for a fair price?


44 posted on 11/13/2016 6:39:07 PM PST by 9422WMR (Look, we are led by a man that either is not tough, not smart, or hes got something else in mind!)
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To: brucedickinson

I’m pretty sure my husband and sons could build one.


45 posted on 11/13/2016 6:39:48 PM PST by tiki
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To: FlingWingFlyer

I’m watching for prices to drop so I can get my Christmas present, a CZ 455 22LR with 28 inch barrel.


46 posted on 11/13/2016 6:40:45 PM PST by Reno89519 (Next Task for House: Replace Ryan.)
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To: 05 Mustang GT Rocks

I think an agency by agency inventory should be taken first thing. That ammo may have not really been for the agencies but illegally laundered out of the country.


47 posted on 11/13/2016 6:41:17 PM PST by Cold Heart
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To: brucedickinson

The market has not yet taken into account that with a Trump win, the continuation of litigation protection for firearms manufacturers and dealers will remain in place.

A Hillary won might have meant more sales, but when she eliminated the lawsuit protection and thousands of lawsuits were launched, including entities like City of Chicago as plaintiffs under Hillary appointed Federal judges, those firearms companies would have tanked.

As it is, we now have a gun friendly, business friendly environment which should mean consistent, solid growth.


48 posted on 11/13/2016 6:41:40 PM PST by Liberty Ship ("Lord, make me fast and accurate.")
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To: elcid1970

2 of mine are C&R. They both have a hammer and sickle on them. Eventually I’d like to get a nagant revolver and a makarov to round out the set. My Mosin was made in 1943 so it is virtually guaranteed to have removed some nazis from the motherland. I like historical guns.

CC


49 posted on 11/13/2016 6:44:37 PM PST by Celtic Conservative (CC: purveyor of cryptic, snarky posts since December, 2000..)
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To: brucedickinson

Record gun sales is Obama’s legacy.


50 posted on 11/13/2016 6:50:15 PM PST by Gamecock (Gun owner. Christian. Pro-American. Pro Law and Order. I am in the basket of deplorables.)
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To: FlingWingFlyer

Me too.


51 posted on 11/13/2016 6:58:34 PM PST by Gator113 (Vote TRUMP!! -- "Because you'd be in Jail!" ~ LOCK HER UP! ~)
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To: Celtic Conservative

Geez I hate to upstage you some more. I bought three Nagant revolvers in 2004 when they were $85 a pop. Same year I scored a Mosin Nagant sniper with all the correct numbers including the PU scope. Cost was half the mockup they used in “Enemy at the Gates”.

My Makarov I bought in 1989, the Chicom version. Rule of thumb with Chicom stuff: the first year of issue is the best quality. It’s far better than Soviet.

Now...go to gunbroker.com and find you a nice Polish P-64 pistol in 9mm Mak for $250. I promise you will not be disappointed. Each one is marked with the year made & the quality rivals Walthers. I’ve fired mine & it’s a handful, not only recoils but twists in the hand as it catches the rifling.

The Serbian version of the TT-30 is also a good choice in commie chic especially the short bbl 9mm version. Check out the Yugo SKS too, best quality of all the SKS series.

Commie stuff are the weapons of the masses. Not how the commies themselves wanted it, but hey, enjoy & things are only going to improve under our new President.


52 posted on 11/13/2016 7:04:47 PM PST by elcid1970 ("The Second Amendment is more important than Islam. Buy ammo.")
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To: brucedickinson

Not Ruger!!!!


53 posted on 11/13/2016 7:06:08 PM PST by Big Red Badger (UNSCANABLE in an IDIOCRACY!)
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To: elcid1970
Check out the Yugo SKS too, best quality of all the SKS series.

I rather like my Russian 1952 Tula-made.

All matching serial numbers too.

She's a honey, she is.

54 posted on 11/13/2016 7:09:00 PM PST by Lazamataz (TRUMP WINS!!!! TRUMP WINS!!!! TRUMP WINS!!!! TRUMP WINS!!!! TRUMP WINS!!!! TRUMP WINS!!!!)
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To: Arm_Bears

as should all of us in CA. ammo will skyrocket with this background check bs.


55 posted on 11/13/2016 7:11:31 PM PST by SPDSHDW (We've lost so much, that I had forgotten how it is to win.)
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To: brucedickinson
OLN - the manufacturer of Winchester ammunition is performing nicely.


56 posted on 11/13/2016 7:17:02 PM PST by JonPreston
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To: elcid1970

Already have the TT. Looking for an East German or Russian mak. I’ve heard the Bulgarian maks are nice too.

CC


57 posted on 11/13/2016 7:17:47 PM PST by Celtic Conservative (CC: purveyor of cryptic, snarky posts since December, 2000..)
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To: brucedickinson

And once Trump is done with us, we’ll all be wearing gold plated diapers!


58 posted on 11/13/2016 7:31:43 PM PST by Blue Highway
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To: elcid1970

I had to steam clean my Yugo’s furniture to get out the cosmoline. It’s a Frankenstein with maybe two matching parts.
Took it to the range Wednesday and it shoots great.


59 posted on 11/13/2016 7:36:10 PM PST by tumblindice (America's founding fathers, all armed conservatives)
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To: tumblindice

My Yugo was all matching but only after I worked it over for days with a grille brush & paint thinner to get all the cosmoline off.

That grenade spigot actually makes it point better. Love it.


60 posted on 11/13/2016 7:44:49 PM PST by elcid1970 ("The Second Amendment is more important than Islam. Buy ammo.")
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