Sure we all regret not buying that Colt Python or S&W 27 years ago when they were cheap. And maybe some regret not getting that ‘curly maple’ gunstock for their pre-64 model 70 Winchester. But here I’m talking about the gun stocks wrangled by the three-piece suits on Wall Street.
Company stocks of Ruger and Smith and Wesson rose about 7% today after Obama's speech last night. The Huffington Post also confirmed last Black Friday (Nov. 27, 2015) set a record for number of background checks in one day, about 185,000. (Which was already reported on TFL). Read about it here:
http://www.huffingtonpost.com/entry/gun-sales-stock-prices_5665c565e4b079b2818f5078
As an overall financial investment, since January 2009 Smith and Wesson and Ruger stocks have gone up a whopping (I almost wrote whooping but that would be okay too, I’d sure whoop about an increase like this!) 700% and 800% respectively! Kind of beats what I'm getting from my savings account at my local bank...
http://thefederalist.com/2015/12/07/gun-manufacturer-stock-prices-are-booming-under-obama/
And would this thread be fair and balanced if I didn't mention a push-back article? Despite the near incredible stock price increases in the article above the folk below want you to specifically check out your investments, your retirement funds and 401Ks and shake out any money invested in those nasty old gun companies. Their clarion call is 'Pledge to Unload' and divest, divest, divest of any and all dirty gun and ammo monies!!! (Sounds even eviler if you say 'monies' instead of just 'money'.) The movement is supported, among others, by no lessor a celebrity than Snoop Dogg.
The 'Pledge to Unload':
http://www.theguardian.com/money/us...-investment-portfolio-401k-arms-manufacturers
Company stocks of Ruger and Smith and Wesson rose about 7% today after Obama's speech last night. The Huffington Post also confirmed last Black Friday (Nov. 27, 2015) set a record for number of background checks in one day, about 185,000. (Which was already reported on TFL). Read about it here:
http://www.huffingtonpost.com/entry/gun-sales-stock-prices_5665c565e4b079b2818f5078
As an overall financial investment, since January 2009 Smith and Wesson and Ruger stocks have gone up a whopping (I almost wrote whooping but that would be okay too, I’d sure whoop about an increase like this!) 700% and 800% respectively! Kind of beats what I'm getting from my savings account at my local bank...
http://thefederalist.com/2015/12/07/gun-manufacturer-stock-prices-are-booming-under-obama/
And would this thread be fair and balanced if I didn't mention a push-back article? Despite the near incredible stock price increases in the article above the folk below want you to specifically check out your investments, your retirement funds and 401Ks and shake out any money invested in those nasty old gun companies. Their clarion call is 'Pledge to Unload' and divest, divest, divest of any and all dirty gun and ammo monies!!! (Sounds even eviler if you say 'monies' instead of just 'money'.) The movement is supported, among others, by no lessor a celebrity than Snoop Dogg.
The 'Pledge to Unload':
http://www.theguardian.com/money/us...-investment-portfolio-401k-arms-manufacturers