Increase in Gun Sales

[lmurky]

With the talk of this administration's potential levy of taxes on guns or amunition, does anyone see an opportunity to buy stocks of gun manufacturers? Ruger seems to have jumped substantially... and there have been many news articles about how guns sales are up significantly since last November.

 

[budnipper1]

With the talk of this administration's potential levy of taxes on guns or amunition, does anyone see an opportunity to buy stocks of gun manufacturers? Ruger seems to have jumped substantially... and there have been many news articles about how guns sales are up significantly since last November.

Why not just buy the guns? Owning the guns rather than buying stocks in a gun company is the better investment in my opinion. (Maybe even better than buying gold.) I might consider buying stock in ammo manufacturers. Right now they can't make enough to supply the demand. Unlike, housing, guns are still going up in value.
Just my rednecked, gun toting opinion.
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[Viva_La_Migra]

Why not just buy the guns? Owning the guns rather than buying stocks in a gun company is the better investment in my opinion. (Maybe even better than buying gold.) I might consider buying stock in ammo manufacturers. Right now they can't make enough to supply the demand. Unlike, housing, guns are still going up in value.
Just my rednecked, gun toting opinion.
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Buy the guns while you can! Here is one of the first gun control bills of the new administration:

H.R.45
Title: To provide for the implementation of a system of licensing for purchasers of certain firearms and for a record of sale system for those firearms, and for other purposes.
Sponsor: Rep Rush, Bobby L. [IL-1] (introduced 1/6/2009) Cosponsors (None)
Latest Major Action: 2/9/2009 Referred to House subcommittee. Status: Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.


All Information (except text)Text of Legislation CRS Summary Major Congressional Actions

All Congressional Actions

All Congressional Actions with Amendments
[SIZE=-1]With links to Congressional Record pages, votes,reports[/SIZE]Titles Cosponsors (None) Committees Related Bills Amendments Related Committee Documents CBO Cost Estimates Subjects

 

[lmurky]

Given the forum, I was hoping to keep this along more financial than political lines, even though it may be close to impossible. I appreciate the intel. Just looking for opportunities to recover my huge losses last year. (Wish I knew about you guys then... )

I do like the idea about focusing on the ammo instead. Any thoughts on ATK?

 

[budnipper1]

Given the forum, I was hoping to keep this along more financial than political lines, even though it may be close to impossible. I appreciate the intel. Just looking for opportunities to recover my huge losses last year. (Wish I knew about you guys then... )

I do like the idea about focusing on the ammo instead. Any thoughts on ATK?

I don't have a clue about ATK except that the company appears to be focused on military type munitions, instead of sporting ammunition. I don't own any rocket launchers...yet!:nuts:

After a quick search, I've only found one listing for ammo related companies on the NYSE and that's OLN, http://finance.yahoo.com/q?s=OLN .

It operates in two segments, Chlor Alkali Products and Winchester. The Chlor Alkali Products segment offers chlorine and caustic soda, sodium hydrosulfite, hydrochloric acid, hydrogen, bleach products, and potassium hydroxide. The Winchester segment produces and distributes sporting ammunitions, reloading components, small caliber military ammunition and components, and industrial cartridges.

So far, I have not found a stock for Remington ammo, but at one time DuPont owned it. If that's still the case, I would not buy the stock myself, even though I worked for DuPont for 13 years. (long time ago)


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[JTH]

Buy Copper, lead, brass and gunpowder before China buys it all up.

At this time, I don't believe this bill has the legs to make it out of subcommittiee.

Having said that... I invest more money in guns and ammo than I do my retirement. :toung:

What's the whole point of having a bunch of stuff it you can't prevent anyone from taking it?

 

[Viva_La_Migra]

I don't have a clue about ATK except that the company appears to be focused on military type munitions, instead of sporting ammunition. I don't own any rocket launchers...yet!:nuts:

After a quick search, I've only found one listing for ammo related companies on the NYSE and that's OLN, http://finance.yahoo.com/q?s=OLN .

It operates in two segments, Chlor Alkali Products and Winchester. The Chlor Alkali Products segment offers chlorine and caustic soda, sodium hydrosulfite, hydrochloric acid, hydrogen, bleach products, and potassium hydroxide. The Winchester segment produces and distributes sporting ammunitions, reloading components, small caliber military ammunition and components, and industrial cartridges.

So far, I have not found a stock for Remington ammo, but at one time DuPont owned it. If that's still the case, I would not buy the stock myself, even though I worked for DuPont for 13 years. (long time ago)


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My agency uses a lot of Federal Premium ammunition, which is owned by ATK!

 

[budnipper1]

My agency uses a lot of Federal Premium ammunition, which is owned by ATK!

Thanks Viva La Migra, glad to know that. My brother just bought a .327 caliber revolver that's fairly new on the market. Federal is one of a very few that make ammo for it. As far as I know, Ruger and Charter Arms are the only ones making a gun that shoots the 327 ammo. They claim it has .357 stopping power, but without the recoil. I'm looking for more info before I make my "investment" in one. :laugh: The new gun shoots regular .32 ammo too.

http://www.gunblast.com/Ruger-SP101-327.htm
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[McDuck]

 

[CountryBoy]

Buy Copper, lead, brass and gunpowder before China buys it all up.

At this time, I don't believe this bill has the legs to make it out of subcommittiee.

Having said that... I invest more money in guns and ammo than I do my retirement. :toung:

What's the whole point of having a bunch of stuff it you can't prevent anyone from taking it?

President Pelosi....er the wicked witch of the west told BHO to hold up on on the assault rifle ban, because she said he has enough on his plate and doesn't have the votes yet.

I'm like you JTH, I'm investing in guns and ammo, because they'll be more valuable than gold, because of HR 54. It's just waiting to be brought off the shelf and ain't it funny that it originated in Illinois. :laugh:

CB

 

[lmurky]

Thanks. I put Olin on my watch list and had another idea. Since it is difficult to isolate the sporting segment of the industry from the military, why not look at the retail stores that sell the guns? I'm thinking Cabelas may still be a good buy. On 2/14, I went to a gun show at the Dulles expo center in Chantilly, VA, and some of the ammo was sold out on Saturday afternoon (still had all day on Sunday). I think people are still making a run on the guns, even though the election's over. This dude disagrees: http://us.rd.yahoo.com/finance/exte...elas.html?cm_ven=YAHOOV&cm_cat=FREE&cm_ite=NA

 

[Viva_La_Migra]

Thanks. I put Olin on my watch list and had another idea. Since it is difficult to isolate the sporting segment of the industry from the military, why not look at the retail stores that sell the guns? I'm thinking Cabelas may still be a good buy. On 2/14, I went to a gun show at the Dulles expo center in Chantilly, VA, and some of the ammo was sold out on Saturday afternoon (still had all day on Sunday). I think people are still making a run on the guns, even though the election's over. This dude disagrees: http://us.rd.yahoo.com/finance/exte...elas.html?cm_ven=YAHOOV&cm_cat=FREE&cm_ite=NA

If HR 45 gets out of the subcommittee, there will be another run on guns and ammo!

 

[JTH]

originated in Illinois.CB

I have no proof of anything, but I happen to believe most middle-of-the-road politicians won't chance losing their seats over another AWB.

If Barry gets his second term, he'll sign the bill.

 

[CountryBoy]

I have no proof of anything, but I happen to believe most middle-of-the-road politicians won't chance losing their seats over another AWB.

If Barry gets his second term, he'll sign the bill.

Well regardless, I just added a Mossburg 12 gauge persuader to my collection today. Even if the black panther doesn't dust off his bill at the slightest provocation, I've decided to begin adding guns to diversify my portfolio, as the value of what I've collected over the years have really gained in value and they probably always will, plus the baseball card thing, from childhood, didn't pan out as well as expected, dang Pete Rose and his gambling. :laugh:

CB

 

[JTH]

I'll be collecting guns & ammo, too. From my perspective, owning some extra ammo can't hurt. Prices have gone up over 25% since to the Iraq war and China buying up the materials. Funny thing is they never went back down after commodities did.

My last two purchases were an AK-47 Bull Pup, and a Rem 12 gauge tactical. The AK is only good for killing zombies and gaining value after the next AWB. Most of my firearms will be passed on to my children so they can help keep the next government honest.

The Rem 12 gauge is my go-to choice for the home.

 

[CountryBoy]

I'll be collecting guns & ammo, too. From my perspective, owning some extra ammo can't hurt. Prices have gone up over 25% since to the Iraq war and China buying up the materials. Funny thing is they never went back down after commodities did.

My last two purchases were an AK-47 Bull Pup, and a Rem 12 gauge tactical. The AK is only good for killing zombies and gaining value after the next AWB. Most of my firearms will be passed on to my children so they can help keep the next government honest.

The Rem 12 gauge is my go-to choice for the home.

Sweet JTH,

I'm buying a lot of extra ammo also. About 3 of my arsenal will be passed on to my daughter, she already has made her requests known. The new shotgun is definately for home protection or street clearing. Just a FYI, my brother buys ammo in bulk (1000 or 2000 at a time), mainly from Israel, but they aren't selling anymore, because of their own needs.

I'll look at the Bull pup as my next buy. We gotta keep'em honest.:worried:

CB

 

[Viva_La_Migra]

Sweet JTH,

I'm buying a lot of extra ammo also. About 3 of my arsenal will be passed on to my daughter, she already has made her requests known. The new shotgun is definately for home protection or street clearing. Just a FYI, my brother buys ammo in bulk (1000 or 2000 at a time), mainly from Israel, but they aren't selling anymore, because of their own needs.

I'll look at the Bull pup as my next buy. We gotta keep'em honest.:worried:

CB

I live in the People's Republic of California, where if it looks mean, it is banned! All I want for Christmas is an FN P-90!:nuts:

 

[CountryBoy]

I live in the People's Republic of California, where if it looks mean, it is banned! All I want for Christmas is an FN P-90!:nuts:

Of course the criminals have theirs, that's what the libs forget. We abide by the laws, but are at the mercy of the criminals.

CB

 

[lmurky]

Interesting article. Apparently, some "experts" share my sentiments, albeit a week later. :blink: http://www.minyanville.com/articles/SWHC-stock-sales-LAW-crime-guns/index/a/21415/from/yahoo

 

[budnipper1]

View attachment 6127

Found my Ruger 357 magnum, finally! Awesome but "deafening" power. At least the ammo for it is easier to find than for my 380 auto. I think I bought the last box available in my area last week.

View attachment 6128
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