Recession Proof. Gun Stocks Rise 36% In First Qtr.

[twyacht]

Please fwd. to DOJ/ BHO, Brady Bunch, Mayor Doomberg and Darth Rahm Emanuel and his front group MAIG. (Mayors Against Illegal Guns).

http://www.theblaze.com/stories/gun-stocks-shoot-through-the-roof/

Gun Stocks Shoot Through the Roof

    Posted on June 30, 2012 at 10:24am by Mytheos Holt   Mytheos Holt
    Comments (224)

Given the increasingly uncertain political and economic climate, it’s no big surprise that people are continuing to buy guns in record numbers. However, at this stage it’s surpassed just an issue of being record numbers. We’d say guns are selling like hotcakes, but there might not be market data showing that hotcakes sell this fast.

Gun Stocks Grow 36 Percent in First Quarter of 2012.

24/7 Wall Street, an investment website, has news on the incredible, practically vertical rise of gun stocks over the past few years:

    Records were set in annual units produced by Smith & Wesson and on annual cash generated. S&W said that these results are driven by strong sales of M&P polymer pistols and M&P modern sporting rifles.

    The S&W earnings report is full of more “record-setting events” by the gun-maker that were just impossible to ignore.  The fourth quarter saw a record at $129.8 million and the company posted a record earnings of $17.8 million for its fiscal year with another record of earnings from operations of $17.8 million.


    More gains are expected ahead as well with first quarter sales of $125.0 million to $130.0 million.  Here is the amazing stat: that is 36% growth.  GAAP earnings for the first quarter are put at $0.16 to $0.19 per share versus $0.12 expected.  For the year ahead, S&W sees sales from continuing operations of between $485.0 million and $505.0 million or about 17% total.  GAAP earnings per share from continuing operations are being targeted between $0.60 and $0.65 for fiscal 2013 versus $0.50 expected.

How rabid is the desire for guns? Three months ago, Ruger Firearms stopped accepting orders for new weapons altogether because they couldn’t keep up with the demand. And if these stock numbers are correct, guns are practically the new gold.

*****

Notice these are just S&W and Ruger being referenced from a "handgun" POV. Include the American AR mkt. and the private sales in the used gun mkt, aren't part of this article.

This country is "gunning up"..and has been since the greatest gun salesman ever BHO took the Oval Orifice (h/t Rush),..

The question is what are "We The People" gunning up and stockpiling for? It's not just the "economic uncertainty"......We also know this week, that the SCOTUS is not a guaranteed "backstop" for the protection of "our" Rights & Liberty.

It's a rhetorical question to those here at DRTV....

"It is customary for republican governments to be bound by constitutions, and this is grand idea. The question does arise, however, about what recourse the citizen has when the government disregards its own constitution, as is the case with our own Tenth Amendment. What do you do if your government does not obey its own laws? Our Declaration declaims that when governments do not observe the God-given rights of man, it is not only the right but the duty of the people to alter or abolish them. The Declaration of Independence may not be the supreme law of the land - which is the Constitution - but it frames our philosophy of government and serves as a guide for those who respect our traditions. More people should."
Col. Jeff Cooper

"A Sleeping Giant reference" based on this article perhaps?

[tombogan03884]

All the guns in the world will not protect freedom if the citizens lack the courage and determination to use them for their intended purpose.

[santahog]

The vast majority of those that I might deem prepared to begin a conversation with on the subject simply can't wrap their heads around the concept. Many (realists) of those who will entertain the thought for the sake of discussion can't get to a point where they could actually see themselves participating in such a thing. (Note, I'm not talking about "Bubba", who thinks with his balls and reasons with his ego, who can't take orders and isn't smart enough to give one that makes sense.) The 5% or so that have the spine and sense to think rationally about it do understand the graveness of it is no less than the decision faced by those of the Revolution or of 1861.. The latter was started by Bubba. You see how well that worked out..
If it were to ever come to pass, it would be won or lost in either the hearts or fears of the people..

[tombogan03884]

In one of Louis L'amour's westerns he  Talks about the gunfighter marshal cleaning up the boom town and how the "good citizens" wanted him gone.
The gist of it was that the average person prefers "peaceful" corruption and oppression over cleansing violence.
They will bitch and complain with the best of them, but when it comes time to act, well, then they have chores to do and crops to harvest.

http://www.ushistory.org/paine/crisis/c-01.htm

The Crisis
Thomas Paine

December 23, 1776
THESE are the times that try men's souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands by it now, deserves the love and thanks of man and woman. Tyranny, like hell, is not easily conquered; yet we have this consolation with us, that the harder the conflict, the more glorious the triumph. What we obtain too cheap, we esteem too lightly

>>>>>>>>>>>>>>>READ THE WHOLE THING AT LINK<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<

[mortdooley]

 I own both Ruger and S&W stock because I believe they are sound investments, if you look back farther then the first quarter their performance is even higher.

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