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Discussion in 'Politics, Religion, Social Issues' started by aaronvan, Dec 8, 2015.
Those are some great returns. Going to keep an eye on them.
It's a pretty well established pattern at this point, where a violent attack spurs a wave of gun purchases.
It's not nearly enough to make me buy one.
I'll spend my money on golf instead.
Same here. However, I always have an eye out for a good growth stock.
Its to late unless you already own stock. What was happening in the world during the 52 wk low?
100 million guns sold since the Bamster took office, yet gun violence keeps dropping. LOL
Where on the moon?
Violent crime rate has been dropping steadily for over 20 years.
More guns = violence dropping .
Not when Russia builds a base. In Soviet Russia, moon shoot you!
Don't bring a golf club to a gun fight.
Interestingly enough, some say that drop is due to the U.S. Clean Air Act and the banning of lead...
I leave my golf clubs locked in my trunk.
So it's highly unlikely that I'd be carrying one if a gun fight broke out.
So why are there more mass shootings by crazy people?
Increase in radical morons? , wait do you have numbers showing the increase over the years?
Are they really?
Smith & Wesson recently closed at $21.39 per share. Precisely 1 cent higher than it did in October 2007.
Thats right, owning Smith & Wesson stock for more than eight years (most of the Obama Presidency) has seen investors reap a massive 0.00025% annual return. And investors in Colt - another fabled US gunmaker - did even worse, since they filed for bankruptcy in June of this year.
There are a number of fundamental problems with the firearms industry from an investment perspective. One of which is that, unlike automobiles; dishwashers; or commercial airplanes - civilian guns almost never wear out. Unlike mobile phones; computers; or big screen TV sets - the pace of technological innovation is relatively slow. Guns don't get a new operating system every few years, forcing owners to trade them in for new models.
On this last point, strangely enough, gun makers are figuratively shooting themselves in the foot: They, along with the gun industry lobby/NRA have been fiercely opposed to the introduction of innovations such as Smart Gun technology that would prevent unauthorized use of the weapon. They claim its because they are worried about it failing; but the real reason is they don't want to be sued for liability.
The other problem is, of course, the fact that the overall market for guns is shrinking. A smaller percentage of American households now own guns than did twenty or thirty years ago. Meaning that gun sales are concentrated in a smaller percentage of the population.
Any rational investor looking at that situation would immediately notice the looming issue of market saturation. A case where more and more gun makers were competing for a fixed, or shrinking, pool of customers. Thats all but guaranteed to lead to lower prices; plummeting profits - and a stagnant (at best) share price.
Of course rational thinking isn't exactly a hallmark of the gun enthusiast community, so we'll just leave it at that.
But...but...what if the government sends in the military to take your golf clubs away??
Look at the base of shooters. They are all mentally ill and on meds. Doctors pass out pills like they actually fix things.
Smart guns are a solution for a problem that really doesn't exist.
There is less gun violence in the oceans, this is either as a result of these shootings OR the end the Nepoleonic wars.
Do your liberal comrades know you partake in white privilege?
Was a joke.
Re: Smart tech. The same escape from computer liability from companies like Apple the world over.
I had Apple's mail fail on me after a recent update. If it led to loss of a project or loss of a client, I'd get no award from a jury because I, like millions of others, press the Agree button.
No, it just means people aren't getting more violent, even with more guns in more hands.
Plus people have stopped hitting their kids as much, and greater entertainment options mean that many kids are inside playing on their Xboxes rather than hanging around on the streets causing trouble. It's probably due to all of these reasons.