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Fri Apr 19, 2013, 11:36 AM

This will make you cry: Gun stocks lag after gun control bill fails

http://money.cnn.com/2013/04/18/investing/gun-stocks/index.html?hpt=hp_t5

On Thursday, the first full trading session since the bill was defeated, gun stocks lagged, and analysts fear this might be part of a wider trend.

In recent months, the fear of new restrictions has driven gun sales to all-time highs. Now, that incentive could be gone.

Alliant's (ATK, Fortune 500) stock price dropped 1.5% Thursday, after seeing its shares surge 38% over the last year. Ammunition maker Olin Corp. (OLN) fell 1.2%, after climbing more than 13% over the last year. Smith & Wesson Holding Corp. (SWHC) managed a 1.7% gain Thursday, while Sturm, Ruger (RGR) slipped 1.5%.

The stock price for Cabela's (CAB), a retailer dependent on gun sales, dropped nearly 5%.

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Arrow 6 replies Author Time Post
Reply This will make you cry: Gun stocks lag after gun control bill fails (Original post)
sinkingfeeling Apr 2013 OP
Eleanors38 Apr 2013 #1
sinkingfeeling Apr 2013 #2
Eleanors38 Apr 2013 #6
aikoaiko Apr 2013 #3
DonP Apr 2013 #4
hack89 Apr 2013 #5

Response to sinkingfeeling (Original post)

Fri Apr 19, 2013, 12:08 PM

1. You kidding? Now I can get ammo at a reasonable price.

So many controllers make it a point of pride NOT to keep up with the issues, or even of standard news reporting.

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Response to Eleanors38 (Reply #1)

Fri Apr 19, 2013, 12:09 PM

2. You're not upset that the gun manufacturers aren't making enough? They

may have to cut their contributions to the NRA!

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Response to sinkingfeeling (Reply #2)

Sat Apr 20, 2013, 03:02 AM

6. Nope. Are you?

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Response to sinkingfeeling (Original post)

Fri Apr 19, 2013, 12:13 PM

3. ARs, mags of all sizes, and ammo prices are falling.


I'd say they are still 25 - 50% higher than they were prior to the Nov election, but not nearly as high as they were between Dec and March.

For example, Bushmaster ARs are now below $1000.


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Response to sinkingfeeling (Original post)

Fri Apr 19, 2013, 12:19 PM

4. Maybe they'll finally be some ammo on the shelves now.

"The stock price for Cabela's (CAB), a retailer dependent on gun sales, dropped nearly 5%"

What kind of stock analysis is this? Cabela's sells a shitload of other outdoor gear from flashlights to 20 foot+ fishing boats, way beyond firearms.

In fact their gun department was so stripped clean in our local store they had to lay off some of the workers. Nothing to sell.

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Response to sinkingfeeling (Original post)

Fri Apr 19, 2013, 12:20 PM

5. They should donate to Diane Feinstein to reintroduce her AWB. nt

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