Posted on 11/11/2016 3:37:40 PM PST by PROCON
..Do you think lower gun and ammo prices are coming with a gun friendly administration...
Very possible.. It’s simply a matter of supply and demand. Probably no more crazy orders for millions of rounds of hollow points for the Department of Agriculture or the Department of Energy. Government contracts supercede civilian manufacture.
These millions of bullets should be sold to US taxpayers as military surplus through the Civilian Marksmanship Program
I hope the presidential order stopping imports from China North will be reversed. They were turning out some really good reproductions of old Winchester guns plus a solid 1911 at a good price.
That one came from Bush the younger btw.
Californication
plans to try to impose...
background checks
$50 fee/tax added to the already 9 to 10 percent CA sales tax
just to purchase a box of ammo
Yup, agree completly.
In truth, I suspect that many in the domestic firearms manufacturing business were happy to see those bargain-basement M1As and 1911s stop flowing in.
An intriguing possibility. As budget crunches hit certain agencies, excess ammo could indeed be sold off. I wonder if that would go through the usual GSA auction system? I'll have to check into that.
Might be able to pick up other interesting accessories, too - like secure storage cabinets for handguns and rifles (a bit different than the standard gun safes, and generally more costly).
Trump plan calls for nationwide concealed carry and an end to gun bans
Thanks for the info.
The only thing I actually remember was that Bush decided to take action against China for some trade infraction. I don’t think it was a coincidence that he chose China North Industries to single out for punishment.
....These millions of bullets should be sold to US taxpayers as military surplus through the Civilian Marksmanship Program.
An intriguing possibility...
See the Civilian Marksmanship Program
At https://thecmp.org/
Off-the-shelf silencer purchases?
I bought a 5,000 round case of .22 ammo to get a sizeable price break, but I had to pay shipping, which took a lot of the money I was saving on a bulk purchase. Most of my other shooting I reload, but it takes a while to amortize out the initial costs of the equipment.
Bump
I don’t see why not. It’s not so difficult to purchase a supressor in some other countries that have more strict gun laws than the US. You could make it contingent on passing a standard background check and make it non-transferable without going through a FFL.
I would love to be able to reload, but during heart surgery I suffered a stroke and while I got back most of what I had lost, my left hand would not be helpful. Folks that reload have my envy. ;>)
Register NOTHING & use OPSEC Rules about your gear.
If they do not know that you have anything, then they can not come & take them away
“’I predict the drop will be minimal, if it happens at all.”
How Trump’s Victory Killed the Gun Rally
Gun owners flocked to buy firearms fearing a Clinton victory. When that didn’t happen, the share prices of gun makers tumbled
November 12, 2016
Misfire: With Trump as president, the pressing need to hoard guns in the event of tougher regulations fizzled. Illo: William Waitzman for Barron’s
Even hardcore Donald Trump supporters saw Hillary Clinton as a shoo-in, and as they have in the past two elections, they trekked to their local gun emporiums in large numbers to stock up on firearms in case gun controls tightened. A week before the election, Sturm, Ruger (ticker: RGR) President Christopher Killoy boasted in a shareholder conference of a 19% nine-month increase in demand, bolstered “by the political campaigns,” and a 20% production surge “in anticipation” of post-election demand.
Then Donald Trump inexplicably won. Blam! Gun stocks crashed. Share prices of both Smith & Wesson Holding (SWHC) and S&R plunged about 15%. S&W shares fell from about $28 to $21; S&R thudded from $64 to $48.
With Trump as president, the impulse to hoard guns in the event of tougher regulations fizzled. Now, dealers find themselves staring at a lot of excess inventory, which might take months to whittle down. Chris Krueger, an analyst with Minneapolis-based Lake Street Capital Markets, has a $37 price target on S&W shares, which he expects will flounder for a month or two, until inventory normalizes and shares return to pre-campaign levels.
—Jack Willoughby
http://www.barrons.com/articles/how-trumps-victory-killed-the-gun-rally-1478931228
MoneyBeat
Short-Sellers Win Big on Falling Gun-Maker Stock
By Ben Eisen
Nov 11, 2016 5:45 pm ET
Shares of gun-maker Smith & Wesson Holding sank 22% this week, including a 15% slide on Wednesday.
That’s good news for holders of the $264 million of short positions, who made a quick $63 million in profits from betting on the stock to decline, according to S3 Partners, a financial analytics firm.
Donald Trump‘s U.S. presidential election victory hit gun stocks particularly hard. They typically increase when there’s talk of enhanced gun regulations because the market expects firearms enthusiasts to run out and buy guns. Mr. Trump’s win, however, pushed gun stocks down because his policies aren’t thought to favor heavier gun regulation.
It’s one example of how Mr. Trump’s victory is reordering winners and losers in the stock market, prompting sharp moves that some have viewed as overreactions during a period where details of the president-elect’s policy priorities are still being ironed out.
An investor who bets against a company’s stock by selling it short typically borrows the shares from a broker or other investor who holds it outright. The short-seller then sells the stock and buys it back at a later date, hoping that it’s fallen during that period.
Short interest in Smith & Wesson climbed from $243 million in early November leading up to the election. Since the vote, investors have largely kept their short positions in place, according to Ihor Dusaniwsky, head of research at S3 Partners, a sign they are anticipating a further decline.
http://blogs.wsj.com/moneybeat/2016/11/11/short-sellers-win-big-on-falling-gun-maker-stock/
BLOAT.
No, it did not. It came from William Jefferson Blythe Disgraced Impeached Pervert Clinton. In 1993.
Depending on how he does, they may not get much mileage from it.
There may be a number of people whose lives have significantly improved and have a change of heart.
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