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Gun stocks surge; Smith & Wesson shares peek into record territory

MickeyW

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Shares of gun makers rallied in morning trade Friday, as the recent spate of shootings helped fuel expectations of increased gun-control rhetoric. Smith & Wesson Holding Corp.'s stock SWHC, +2.76% climbed 2.8%, but had been up as much as 5.2% at the intraday high of $29.75, which was above the March 17, 2016 record close of $29.37. The gains follow recent shootings in Baton Rouge, Minnesota and Dallas. Analysts have said regulatory fears are among the biggest drivers of consumer demand. Shares of Sturm Ruger & Co. RGR, +4.85% ran up 4.2% and of Vista Outdoor Inc. vsta rose 1.8%. Year to date, shares of Smith & Wesson have surged 32%, Sturm Ruger gained 13% and Vista Outdoor rose 12%, while the S&P 500 has advanced 3.6%.
Gun stocks surge; Smith & Wesson shares peek into record territory - MarketWatch
 

truthatallcost

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Makes sense. Gun sales surged after Obama was elected, due to people feeling that he would make the country less safe, and voila, 7 years later we see violent crime on the rise (+10% in California alone), and police officers being hunted.

Obama ridiculed Americans for clinging to their guns, well dumbass you're partly responsible for that.
 

Carjosse

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Makes sense. Gun sales surged after Obama was elected, due to people feeling that he would make the country less safe, and voila, 7 years later we see violent crime on the rise (+10% in California alone), and police officers being hunted.

Obama ridiculed Americans for clinging to their guns, well dumbass you're partly responsible for that.

The actual number of incidents increased 10% but the rate still declined as it has been for the past decade.
 

truthatallcost

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The actual number of incidents increased 10% but the rate still declined as it has been for the past decade.

Rape is up by 36% in one year.

Property crime is through the roof.

Democrat Governor Jerry Brown was responsible for Prop 47, which resulted in thousands of people being released early from prison and jail. Now he's pushing Prop 57, which will allow even more prisoners to get out early. All of this is happening at the same time that police departments around the state are laying off police officers, due to budget cuts.

California is a model of American liberalism at work. You'd have thought that Jerry Brown would know better, he tried this kind of crap before, and it was wildly unsuccessful back in the 70's & 80s.
 

blaxshep

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Rape is up by 36% in one year.

Property crime is through the roof.

Democrat Governor Jerry Brown was responsible for Prop 47, which resulted in thousands of people being released early from prison and jail. Now he's pushing Prop 57, which will allow even more prisoners to get out early. All of this is happening at the same time that police departments around the state are laying off police officers, due to budget cuts.

California is a model of American liberalism at work. You'd have thought that Jerry Brown would know better, he tried this kind of crap before, and it was wildly unsuccessful back in the 70's & 80s.

Let felons out of prison, they just never had the opportunities we had and lets tighten the restrictions on law abiding citizens rights to defend themselves so they don't accidentally hurt themselves or others.

Liberal logic.
 

truthatallcost

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Let felons out of prison, they just never had the opportunities we had and lets tighten the restrictions on law abiding citizens rights to defend themselves so they don't accidentally hurt themselves or others.

Liberal logic.

I've read about some lawyers who have studied Prop 57. They say it changes the definition of what a violent offender is. The proposition is pretending to be a bill that helps juvenile offenders avoid harsh sentences, but many law experts feel that it's going to open the floodgates for early release for violent offenders.
 

blaxshep

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I've read about some lawyers who have studied Prop 57. They say it changes the definition of what a violent offender is. The proposition is pretending to be a bill that helps juvenile offenders avoid harsh sentences, but many law experts feel that it's going to open the floodgates for early release for violent offenders.

The more criminals they can put on the street and the more helpless they make the public the more they will cry for a Nanny State.
 
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