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Shares of gun makers Smith & Wesson (SWHC -4.2%) and Sturm, Ruger (RGR -2.8%) fall today on...

Shares of gun makers Smith & Wesson (SWHC -4.2%) and Sturm, Ruger (RGR -2.8%) fall today on the back of cautious comments out of Benchmark. Analyst Mike Greene suggests that the growth in applications for handguns slowed last month to just 14.7%, down from the 20%-plus growth levels seen from May-August.
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Comments (8)
  • TX1
    , contributor
    Comments (11) | Send Message
     
    The S&W Shield is in high demand...no local shops have any available. Maybe a good time to start a position in SWHC?
    3 Oct 2012, 11:01 AM Reply Like
  • whyrob
    , contributor
    Comments (7) | Send Message
     
    Oh yee, of little faith.
    3 Oct 2012, 11:02 AM Reply Like
  • Mbarnett
    , contributor
    Comments (4) | Send Message
     
    Buy the news, sell the rumor
    3 Oct 2012, 03:42 PM Reply Like
  • MichaelJ8
    , contributor
    Comments (751) | Send Message
     
    Greene shows slow down, still recomends buy, so... why the sell off? Also, I would like to compare this time frame with previous years, and to years of presidential elections. I'm having a hard time finding these statistics though.
    3 Oct 2012, 10:07 PM Reply Like
  • debtfree1
    , contributor
    Comments (209) | Send Message
     
    A bad Romney debate and/or pole or 2 should get gun sales zooming again.
    3 Oct 2012, 10:57 PM Reply Like
  • z28gator
    , contributor
    Comments (29) | Send Message
     
    Well, the bad debate didn't happen! We'll have to see about the poll. I'm still long RGR.
    4 Oct 2012, 01:48 PM Reply Like
  • doomonyou
    , contributor
    Comments (90) | Send Message
     
    Now the dangerous part. Post Obama debate debacle, its now plausible for romney to win.

     

    if Rommney wins the election or even looks like he will RGR and SWHC will be blasted.

     

    they will prove to be having their peak sales for a decade right now if Romney wins. IMHO.
    6 Oct 2012, 09:03 AM Reply Like
  • Mbarnett
    , contributor
    Comments (4) | Send Message
     
    Excellent dynamics equals a long term hold. If Romney wins I'm buying more after the stock reaction.
    7 Oct 2012, 01:59 PM Reply Like
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