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Message
SWHC...gun stocks
Posted on 11/16/12 at 3:04 am
Posted on 11/16/12 at 3:04 am
Anybody has a take on guns stocks? Curious if money talks board thinks they will continue to rise after Obama won re-election.
2
Posted on 11/16/12 at 7:47 am to catcher88
I work in the industry and the stock has already begun to rise in the past few months. If you didn't know also, guns sales are going to be crazy for the next four years, which should be higher than the last four years(highest in history)
Posted on 11/16/12 at 8:07 am to nEVERhappy
Yea im a gun owner myself and keep up with whats going on. I know with obama winning re election, it could trigger another huge jump in gun sales, but mostly shares of Ruger and Smith and wesson are at all time highs already, but I figure people will keep buying guns (including myself)
Just getting other opinions
Just getting other opinions
Posted on 11/16/12 at 8:51 am to catcher88
They are just so richly valued that there's limited upside, IMO. Record setting price are already built in, leaving tremendous downside if something negative happens.
Posted on 11/16/12 at 8:58 am to TheHiddenFlask
quote:
They are just so richly valued that there's limited upside, IMO. Record setting price are already built in, leaving tremendous downside if something negative happens.
My thoughts as well...
Posted on 11/16/12 at 2:08 pm to catcher88
Thought this was going to be about the other kind of gun stock.
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