HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Topics » Justice & Public Safety » Gun Control & RKBA (Group) » Smith & Wesson, Ruger...

Thu Nov 8, 2012, 02:27 PM

Smith & Wesson, Ruger stocks jump after Obama win

http://www.latimes.com/business/money/la-fi-mo-gun-sales-smith-wesson-obama-20121107,0,5868311.story

While investors moping over President Barack Obama’s reelection sent the Dow spiraling down more than 300 points Wednesday morning, one sector is seeing a surge: gun manufacturing.

Firearms maker Smith & Wesson Holding Corp. surged 10.8% to $10.48 a share in morning trading, more than double its price at the beginning of the year.

Sturm, Ruger & Co. Inc. got a 6.4% boost to $47.48 a share, a 39% increase from early January

SNIP

In October, the number of firearms background checks performed on potential gun buyers jumped 18.4%, according to the FBI, as cited by Benchmark Research. The data is considered to be a leading indicator for future gun sales.

More at link


10.8% overnight jump! 18.4% October jump in NICS checks! Wow! That is a lot of guns being purchased. Each of those people is investing a few hundred dollars in a gun, or thousands in several guns. Those people will have a strong interest in keeping those guns and will be ready to fight against any gun control legislation.

Has anybody seen any jump in Brady or VPC enrollment?

46 replies, 3600 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 46 replies Author Time Post
Reply Smith & Wesson, Ruger stocks jump after Obama win (Original post)
GreenStormCloud Nov 2012 OP
codjh9 Nov 2012 #1
ProgressiveProfessor Nov 2012 #20
codjh9 Nov 2012 #23
ProgressiveProfessor Nov 2012 #27
codjh9 Nov 2012 #28
oneshooter Nov 2012 #29
codjh9 Nov 2012 #31
PavePusher Nov 2012 #37
codjh9 Nov 2012 #38
PavePusher Nov 2012 #39
JoePhilly Nov 2012 #2
Kolesar Nov 2012 #3
rl6214 Nov 2012 #12
Eleanors38 Nov 2012 #40
AndyTiedye Nov 2012 #4
Atypical Liberal Nov 2012 #5
AndyTiedye Nov 2012 #17
Atypical Liberal Nov 2012 #34
MicaelS Nov 2012 #7
ileus Nov 2012 #8
AndyTiedye Nov 2012 #16
GreenStormCloud Nov 2012 #19
AndyTiedye Nov 2012 #25
GreenStormCloud Nov 2012 #26
ileus Nov 2012 #24
spin Nov 2012 #9
AndyTiedye Nov 2012 #18
spin Nov 2012 #36
ProgressiveProfessor Nov 2012 #21
Eleanors38 Nov 2012 #41
AndyTiedye Nov 2012 #43
Eleanors38 Nov 2012 #44
ileus Nov 2012 #6
upaloopa Nov 2012 #10
GreenStormCloud Nov 2012 #11
CokeMachine Nov 2012 #13
upaloopa Nov 2012 #14
DonP Nov 2012 #15
ProgressiveProfessor Nov 2012 #22
Eleanors38 Nov 2012 #45
fightthegoodfightnow Nov 2012 #30
Straw Man Nov 2012 #32
fightthegoodfightnow Nov 2012 #33
Straw Man Nov 2012 #35
Eleanors38 Nov 2012 #42
Eleanors38 Nov 2012 #46

Response to GreenStormCloud (Original post)

Thu Nov 8, 2012, 02:30 PM

1. Crazy and scary - and this isn't really news, either.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to codjh9 (Reply #1)

Thu Nov 8, 2012, 06:14 PM

20. Actually it news, and is neither scary or crazy. Also not unexpected

Reply to this post

Back to top Alert abuse Link here Permalink


Response to ProgressiveProfessor (Reply #20)

Thu Nov 8, 2012, 06:17 PM

23. Well of course it's not unexpected, and it's happened a lot when Obama has been prez. That's all

I meant by saying it 'wasn't news'. And why isn't it scary or crazy?

Reply to this post

Back to top Alert abuse Link here Permalink


Response to codjh9 (Reply #23)

Thu Nov 8, 2012, 08:35 PM

27. Because there is not a related rise in violence

Law abiding people owning or even hoarding firearms and ammunition is not a problem for anyone.

Private ownership of firearms is a liberal and progressive value.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to ProgressiveProfessor (Reply #27)

Thu Nov 8, 2012, 08:37 PM

28. Not replying to that.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to codjh9 (Reply #28)

Thu Nov 8, 2012, 09:00 PM

29. Why? If you can not defend your views, then what good are they?

Reply to this post

Back to top Alert abuse Link here Permalink


Response to oneshooter (Reply #29)

Thu Nov 8, 2012, 09:04 PM

31. It's not that I can't defend them. It's that I don't come to this forum to argue with people.

I come to read stuff, post stuff, laugh at stuff, and mostly have a good time. I don't enjoy arguing, especially with fellow Democrats. I think guns, abortion, religion, and ... I'm sure there are others ... where 'never the twain shall meet'. You've got your opinions, I've got mine. Glad that we both vote Dem., but it stops there. I DO NOT want to argue about guns with anyone. Period.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to codjh9 (Reply #31)

Thu Nov 8, 2012, 11:00 PM

37. Ummm... the entire point of this forum is to debate issues.

 

Yes, there are a few groups set up specifically to be non-contentious. This isn't one of those few.

Echo-chambers are boring. If you state an opinion around here (not just in the GC&RKBA group), be prepared to have it examined and pulled apart to see what makes it tick. I'm utterly baffled that anyone with almost 3000 posts hasn't figured that out yet...

Reply to this post

Back to top Alert abuse Link here Permalink


Response to PavePusher (Reply #37)

Thu Nov 8, 2012, 11:12 PM

38. I didn't 'come to this forum' on purpose ... I saw this particular post on the latest threads, which

tend to be more general political topics, and sorry, but people don't tend to argue much on those. There are more humorous comments, attaboy comments, I-agree-with-that comments, or maybe I should say, more comments about who or what the OP was about, not anything against a fellow commenter. And re: my almost-3000 posts, at least half if not more were 4 years ago before the last election. I've been humongously busy between then and now.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to codjh9 (Reply #38)

Thu Nov 8, 2012, 11:20 PM

39. "...people don't tend to argue much on those."

 

Oh... my.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to GreenStormCloud (Original post)

Thu Nov 8, 2012, 02:32 PM

2. It makes sense ... what with the impending GOP civil war and all.

I hope it ends in a tie.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to GreenStormCloud (Original post)

Thu Nov 8, 2012, 02:32 PM

3. I got invited for sail, and the asshole skipper started whining about Obama confiscating guns

He was some MIC-puke living off a handsome retirement and Social Security.
It was my only sail with the wrinkled screw face.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Kolesar (Reply #3)

Thu Nov 8, 2012, 03:14 PM

12. Does not compute

 

As usual

Reply to this post

Back to top Alert abuse Link here Permalink


Response to rl6214 (Reply #12)

Fri Nov 9, 2012, 05:13 PM

40. I wouldn't sail with him either; sounds like he puked on his MIC. nt

Reply to this post

Back to top Alert abuse Link here Permalink


Response to GreenStormCloud (Original post)

Thu Nov 8, 2012, 02:37 PM

4. Most of Those Guns are Being Purchased to be Used On Us

This is not good news.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to AndyTiedye (Reply #4)

Thu Nov 8, 2012, 02:41 PM

5. Nah, most are being purchased to sit in a safe and increase in value.

 

If you had bought an M16 for $1000 in 1986 it would be worth about $17,000 today.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Atypical Liberal (Reply #5)

Thu Nov 8, 2012, 04:58 PM

17. Speculators Wouldn't Wait Until After the Election to Buy

Reply to this post

Back to top Alert abuse Link here Permalink


Response to AndyTiedye (Reply #17)

Thu Nov 8, 2012, 09:33 PM

34. They do if they think their guy is going to win.

 

Besides, people buy guns when they can afford to. Trust me. Most of these things are going to sit in a safe or a closet.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to AndyTiedye (Reply #4)

Thu Nov 8, 2012, 02:45 PM

7. If you really believe that, then..

You had better buy a few of your own and learn how to use them.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to AndyTiedye (Reply #4)

Thu Nov 8, 2012, 02:45 PM

8. are we criminals?

Reply to this post

Back to top Alert abuse Link here Permalink


Response to ileus (Reply #8)

Thu Nov 8, 2012, 04:56 PM

16. Why Would Those Buying Guns to Protect Themselves Against Criminals...

...do so right after Obama got re-elected?

Reply to this post

Back to top Alert abuse Link here Permalink


Response to AndyTiedye (Reply #16)

Thu Nov 8, 2012, 05:23 PM

19. Because they are afraid he will push through gun control legislation. N/T

Reply to this post

Back to top Alert abuse Link here Permalink


Response to GreenStormCloud (Reply #19)

Thu Nov 8, 2012, 06:56 PM

25. Through the GOP-Controlled House? Riiiiiiight

There wasn't any gun control legislation when we had the House and Senate.
Why would anybody expect it to happen now?

Reply to this post

Back to top Alert abuse Link here Permalink


Response to AndyTiedye (Reply #25)

Thu Nov 8, 2012, 07:05 PM

26. I didn't say they were rational in their fear, only that they were afraid. N/T

Reply to this post

Back to top Alert abuse Link here Permalink


Response to AndyTiedye (Reply #16)

Thu Nov 8, 2012, 06:20 PM

24. I saw a woman in Wally world this evening buying two 22 rifles...

for her grandkids Christmas...

Not to be confused with shooting DU posters who voted Obama.




>10/22 and a cricket

Reply to this post

Back to top Alert abuse Link here Permalink


Response to AndyTiedye (Reply #4)

Thu Nov 8, 2012, 02:51 PM

9. That is a rather extreme statement. ...

to say the least.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to spin (Reply #9)

Thu Nov 8, 2012, 05:02 PM

18. The Teabaggers are Rather Extreme

I'll grant that it probably doesn't go much beyond fantasizing about it for most of them.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to AndyTiedye (Reply #18)

Thu Nov 8, 2012, 10:45 PM

36. I don't expect the Tea Party will ever overthrow the government by launching ...

an armed rebellion.

As you suggested, only in their fantasies.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to AndyTiedye (Reply #4)

Thu Nov 8, 2012, 06:15 PM

21. Who is us? Murder is dropping

Reply to this post

Back to top Alert abuse Link here Permalink


Response to AndyTiedye (Reply #4)

Fri Nov 9, 2012, 05:16 PM

41. Back off the paranoia a bit. Most guns purchased aren't going to be used on you...

Where did you get the notion that most gun purchasers were ready to carve your notch into the walnut grip?

Sheesh. We get accused of paranoia all the time, but you seem to slip right through.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Eleanors38 (Reply #41)

Fri Nov 9, 2012, 06:40 PM

43. I Was Referring Specifically to those who Rush to Buy Guns After Obama Wins

And I recognize that in most cases it isn't much more than fantasy on the part of the purchaser.


Reply to this post

Back to top Alert abuse Link here Permalink


Response to AndyTiedye (Reply #43)

Sat Nov 10, 2012, 10:33 AM

44. I really don't see it, even as you condition your statement.





Reply to this post

Back to top Alert abuse Link here Permalink


Response to GreenStormCloud (Original post)

Thu Nov 8, 2012, 02:44 PM

6. I'm really thinking about a M&P 45.

If I could locate a 4" FDE M&P. I really like the grip size and feel compared to the g21.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to GreenStormCloud (Original post)

Thu Nov 8, 2012, 02:53 PM

10. People aren't so afraid of the NRA anymore and

Obama isn't running for reelection so you may have a fight on your hands. Here in CA we have a Dem super majority in both houses so there is no threat from the right.
You've just seen how demographics has begun to make the right irrelevant. Just saying.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to upaloopa (Reply #10)

Thu Nov 8, 2012, 03:10 PM

11. How come you never came back to the thread where you claimed the shooter was law-abiding?

Surely you remember this thread, where you said:

Three more innocent people shot today in FL by a previously law abiding gun owner.
http://www.democraticunderground.com/117280286

Look what we found and posted:
42. The shooter's arrest record: domestic assault, felony assault, stalking, burglary and drug possesion.

And you never came back to acknowledge it. What happened to your assertation in that thread? Where did you go?

Reply to this post

Back to top Alert abuse Link here Permalink


Response to GreenStormCloud (Reply #11)

Thu Nov 8, 2012, 03:16 PM

13. Crickets

 

as expected.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to GreenStormCloud (Reply #11)

Thu Nov 8, 2012, 03:32 PM

14. I think I've read

all your propaganda by now

Reply to this post

Back to top Alert abuse Link here Permalink


Response to upaloopa (Reply #14)

Thu Nov 8, 2012, 03:38 PM

15. So when you're caught lying you just go away?

In that thread you asserted something that was obviously and ultimately proven absolutely false.

You seem to have a penchant for disappearing when one of your made up facts is exposed.

As a result many of us will have to just assume pretty much everything you post, without a link or supportable cite, is pure BS and we'll give it all the consideration it deserves.

But feel free to run up to Meta and join the "Whine and Cheesy" crowd.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to upaloopa (Reply #14)

Thu Nov 8, 2012, 06:16 PM

22. Have you learned anything?

Or are you going to continue to push the malarkey you usually do?

Reply to this post

Back to top Alert abuse Link here Permalink


Response to GreenStormCloud (Reply #11)

Sat Nov 10, 2012, 10:35 AM

45. There is the possible explanation of Thug Love.nt

Reply to this post

Back to top Alert abuse Link here Permalink


Response to GreenStormCloud (Original post)

Thu Nov 8, 2012, 09:02 PM

30. TOO FUNNY

They are all scared Obama is going to take their guns....as ridiculous as that is.

Any other reading is silly.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to fightthegoodfightnow (Reply #30)

Thu Nov 8, 2012, 09:11 PM

32. So ...

They are all scared Obama is going to take their guns....as ridiculous as that is.

... you're forecasting no new gun control legislation? No AWB renewal or handgun ban? I hope you're right.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Straw Man (Reply #32)

Thu Nov 8, 2012, 09:21 PM

33. Nonsense

Speak for yourself. Not me.

Reasonable people know the difference between someone taking guns and gun control legislation.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to fightthegoodfightnow (Reply #33)

Thu Nov 8, 2012, 10:08 PM

35. So ...

Reasonable people know the difference between someone taking guns and gun control legislation.

... if there is another AWB, you would oppose "turn 'em in" provisions such as were applied in the UK, Australia, and California? Is that what "reasonable people" would do?

Reply to this post

Back to top Alert abuse Link here Permalink


Response to fightthegoodfightnow (Reply #33)

Fri Nov 9, 2012, 05:22 PM

42. So you wouldn't ban AWs? Wouldn't ban 10+ magazine capacity? Support registration? etc.? nt

Reply to this post

Back to top Alert abuse Link here Permalink


Response to GreenStormCloud (Original post)

Sat Nov 10, 2012, 10:44 AM

46. Leading indicator: Hopefully, Gallup will continue to profile

Gun owners by political leanings so we can see where some of the increase is going.

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread