Ruger + Smith & Wesson ...





Ruger + Smith & Wesson ...
I think I single handedly helped!!!
You know, from a lot of my survivilist forums that I visit, I knew that was coming. I'm mad at myself for not buying stock a yr ago!!! I always miss the train.





I guess people really aren't that worried that President Obama will take away their guns.





the facts would tend to indicate otherwise ...
(snip)"Popular self-protection ammunition is often sold out at local stores, weapons are flying off shelves and the state reports an 87 percent increase in concealed carry permit applications for February 2009 over February 2008.
"People are hoarding. They're creating a shortage," Jim Prall at Sports World on 41st Street said of ammunition sales. "We've sold more ammunition in the last three months than we sold last year."
Gun sales spiked in November with the election of Barack Obama and Democrats adding to their majority in Congress. But local gun dealers say the spike is turning into a steady climb with political worries about gun rights as well as worries about the economy and potential for increased crime. (snip)
(snip)"What's happened is everybody is afraid because the Democrats are anti-gun," said David Stone, president of Dong's Guns and Ammo on East Admiral Place.
Internet chatter about bills in Congress that would create additional taxes on firearms and ammunition components, require strict licensing and ban more types of so-called "assault weapons" add to the concern, Stone said. "That's just driving everyone into panic mode," he said. "We're selling 10 times the ammo we used to."
Similar bills have come up in Congress before, but few have advanced.
"We ran completely out here of 9 mm and .380," said Johny Mathews, product and service manager at the U.S. Shooting Sports Academy on East 66th Street North. "We were begging, borrowing and stealing from wherever."
Concealed-carry classes at the academy are booked through April. "We used to do 15-person classes, and now we do 24 because of the demand," he said.
Mathews believes that politics are partly to blame, but the economy also has people worried.
"It's 50/50, I think" he said. "When people lose jobs and get desperate, good people can sometimes do bad things. People hear more about home invasions, robberies, and they think it will only get worse. Then they're afraid they might lose their guns or ammo, so they stock up."
Sales are so intense that Stone has limited sales of .380 ammo to one box per customer at Dong's. He has .380-caliber handguns for sale, and likes to be able to sell ammunition to whoever buys a gun, he said.
A shipment of 10 Ruger .380 LCP handguns was sold in 24 hours this week — seven the first day, three the next. "Last week I had 28 boxes of .380, rationed to one per person, and it was gone in three days," Stone said. (snip)
But regardless of the motivation, the fact is that Ruger handguns are selling out faster than gun dealers can take delivery from the manufacturer. This equates to one undeniable fact ... that the handgun manufacturer is able to sell all of the new guns they can produce, and at premium prices ! ... which leads to increased profits thus increased stock valuations !





I meant investors. People wouldn't be investing in companies if they thought the government would no longer allow their products to be sold.





^^^ obviously handgun makers market their products to many parts of the world that are beyond the reach of Washington DC assaults on the 2nd amendment ! Similarly, a lot of the handguns inside the USA do not originate with a registered purchase at a licensed US gun shop. But the recent increase in registered purchases of handguns at licensed US gun shops is probably the result of Americans 'pushing forward' future demand on speculation that the US gov't may indeed soon pass laws which affect the future availability of registered purchases of handguns. This is very good for the stock valuations of handgun makers in the short term ... although admittedly not so good in the long term.
Bookmarks