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Title: Prepare your portfolio for new gun laws | The gun battles have begun. After a rash of killings over the past few weeks, politicians are seizing the opportunity to prey upon America’s emotions. They want to strike while the barrels are still hot.
Source:
www.todaysfinancialnews.com
URL Source: http://www.todaysfinancialnews.com/ ... ady-for-new-gun-laws-8655.html
Published: Apr 17, 2009
Author: By Andrew Snyder
Post Date: 2009-04-17 13:47:39 by Mind_Virus
Keywords: None
Views: 98
Comments: 4
Prepare your portfolio for new gun laws Today's Financial News - Posted April 16, 2009 The anti-gun sentiment is growing at a rapid pace. After taking over the banks and Detroit, is the nation’s gun industry Obama’s next target? By Andrew Snyder, TodaysFinancialNews.com Baltimore – (TFN): The gun battles have begun. After a rash of killings over the past few weeks, politicians are seizing the opportunity to prey upon America’s emotions. They want to strike while the barrels are still hot. As I picked up the morning’s newspaper, I realized the headline was sure to stir the angst of any Second Amendment supporter. In my home state of Pennsylvania, the governor, Ed Rendell, is calling on a reinstatement of the nation’s assault rifle ban. Unfortunately, he is not alone. After the recent murder of three Pittsburgh police officers, the state’s mayors and police chiefs are calling for action as well. I can understand their viewpoint, but as a citizen of this country, I hope their mission fails. And as an investor, my view stays the same. The more they talk, the more money you and I can make. For proof, look at the two major publicly traded gun manufacturers here in the States, Smith & Wesson (NASDAQ:SWHC) and Sturm Ruger (NYSE:RGR). Both stocks are trading near 52-week highs. Over the last six months (since we learned Obama would take the nation’s reins), shares of the companies have surged. Fearful gun owners cannot satiate their demand for weapons or ammunition. And greedy investors are willing to pay more and more for a stake at the cash flows generated by the buying frenzy. Of course, there is nothing greedy about buying low and selling high or nothing wrong with working to protect your family and wealth if Washington suddenly decides to change the rules. After all, they bought the banks and control Detroit. What’s stopping our lawmakers from seizing the gun industry? Anything is possible these days. It’s normal to be afraid It is exactly that sentiment that is sending shares of the above-mentioned companies into high-reaching territory. Since November, shares of Sturm Ruger are up close to 100%, while Smith & Wesson have surged by over 200%. Is there more room to climb? You bet there is. The anti-gun sentiment throughout the nation is growing thanks to the recent shooting sprees. As more and more governors and politicians jump on the bandwagon and as the nation’s media outlets turn a healthy debate into a dramatic feature story, the demand for firearms of all types will increase. Prices of some firearms models have doubled or even tripled over the past six months. That is great news for companies like Smith & Wesson. Look for their profit margins to make a strong jump over the next several quarters. In the long-term, this may be just another short-lived bubble, fueled by speculative hype. But in the short-term, there is plenty of buying opportunity. Arm your home with a freshly minted firearm and arm your portfolio with a few shares of these popular industry players.
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#1. To: Mind_Virus (#0)
expect more The smooth criminal transition from Bush/Cheney to Obama
Time for Jury Nullification on ALL of the 25,000 Federal, State and Local "gun control" laws and letting pResident Obama, your anti gun senator and your anti gun Congresscritter know about it.
Most people don't know how to use a gun anyway. The old days are gone securing "gun rights." The only way for people to responsibly use their rights is to exercise them at the gun range. Who does that? Rhetorically, just a pile of beer bellied, fat holstered PIGS that talk about Obama taking over the nation. Who cares about reactionary BS?
#2. To: Mind_Virus (#0)
The anti-gun sentiment throughout the nation is growing thanks to the recent shooting sprees.
staged sprees over the next several months...
#3. To: christine, ALL (#2)
(Edited)
Oh what a DUFFLE-HEAD that Barack Obama is !!! Duffle-Head (As used in a Felix the Cat cartoon) A wicked person of limited intelegence but with pretenses of intelectual grandeur. Their only successful endevors are usually the invention of self punishment machines.
#4. To: Mind_Virus (#0)
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