Smith & Wesson sales jump 7%; shares surge

[hack89]

The growth was fueled by an increase in handgun sales, which surged 30% compared to the same quarter last year.

Gun sales surged following a series of shootings, especially in Newtown, Conn., in December 2012, as people feared President Obama would successfully pass restrictive gun legislation.

But Obama failed to get a gun bill through Congress, and FBI data shows that this year's sales have fallen from their peak. The CEO of rival gunmaker Sturm Ruger (RGR) recently warned that sales are coming down to more "realistic" levels in 2014.

http://money.cnn.com/2014/03/04/news/companies/smith-wesson-gun-sales/index.html?iid=HP_River

Happy to see that in related news, the state of New Jersey is doing what they can to help increase gun sales once again.

[cantbeserious]

1. Fear, Fear And More Fear Drives Gun Sales

Maybe the fear mongers should be incarcerated.

[rock]

4. Great! Everyone should want to see the general population scared and armed

Yes, sarcasm.

[cantbeserious]

6. From A Cynical Oligarchs Perspective - It's All Part Of Population Control

eom

[Nuclear Unicorn]

16. When have oligarchs, dictators and whatnot ever wanted a target population to be armed?

[rock]

17. Every since they discovered

the target population would kill each other off.

[Nuclear Unicorn]

18. .

1) They have a loooooooong wait because the population sure seems to be taking its sweet time.

2) You comment is at odds with observed history.

[cantbeserious]

20. Times Change - Every Departed Eater Means One Less Mind To Manipulate And Manage

eom

[Nuclear Unicorn]

22. I'm assuming you're addressing my second point.

But I'm curious as to which oligarch/dictator can be shown to encourage private gun ownership so as to kill off unwanted populations. Heck, I'd be amazed to see an oligarchy/dictatorship wanting to kill off their own subjects rather than enslave them to the elites' designs.

Add to that my desire to see an instance of an armed populace accommodating such a design with any sort of alacrity.

[cantbeserious]

24. To That - I Can Only Say - Open One's Eyes

eom

[Nuclear Unicorn]

25. In other words, you have no evidence to buttress your assertion.

I presume, now comes the moment where -- with grand self-satisfaction -- you announce that, if I cannot see it for myself, then obviously I am hopelessly beyond instruction.

[cantbeserious]

30. We Each Follow Our Own Path - Each Path Illuminates Different Truths - You Are Free To Believe Anything

eom

[Nuclear Unicorn]

35. We're discussing whether or not

dictators encourage gun ownership to eliminate target populations, not Zen Buddhism.

[cantbeserious]

36. Follow Your Own Path - Open Your Eyes

eom

[proudretiredvet]

26. Show me those numbers???

Where do you think we are in the world in the rating of violent crime?
What is the trend, up or down, in the last few years of vastly increased gun sales.
Show me the facts, provable, truthful, un manipulated statistics.
I have them all if you would like to see them.

In other words we are not like Venezuela in the % of murders or homicides. What do you think their guns laws are like? Do you think it is working there?

[hack89]

37. So what is the target population in America? nt

[hack89]

9. Reeducation camps perhaps?

there is plenty of historical precedent.

[gejohnston]

14. can we start with Bloomberg?

the increased gun sales made it possible for Wyoming to reduce deer v car crashes by 80 percent. How? The revenues from the 11 percent tax on guns and ammunition (especially lately given the windfall) allowed the state to repair game fences along highways and build overpasses for the deer and proghorn to migrate without going out on the roads. BTW, that same money is used for wolf reintroduction.
FWIW, the Wiki article has one thing wrong. PR didn't create the tax. The tax was imposed in 1919 as sort of a sin tax that went into the general fund. All PR did was earmark the money for environmental projects.

[Duckhunter935]

2. I would like to pick up a nice S&W

revolver next. Have the Colt and Ruger now.

[pipoman]

3. I only buy the 'pinned and recessed' Smith revolvers

The newer ones don't have the same tight fit or quality of finish, imo..

Also really like the model 39 semi.

[pipoman]

5. Not to say there may be some. .

as people feared President Obama would successfully pass restrictive gun legislation.

But it is silly to make believe revolver and light semi auto handgun sales are attributable to this. ...more likely the expansion of concealed carry fueled more sales than this. .

[cantbeserious]

7. Concealed Carry - Polite Societies Term For Fear Driven Weapon Sales

eom

[pipoman]

8. Maybe, but has nothing to do with Obama

Or impossible gun control legislation imo.

[cantbeserious]

10. No Reference To Obama Was Made By This One

eom

[pipoman]

11. Look at the op again..

[cantbeserious]

12. Obama Is An Excuse - Fear Is The Driver - Who Profits From Fear?

Not O.

[pipoman]

13. If it is driven by fear, it isn't fear of Obama as the OP states..

[cantbeserious]

21. The Fear Mongers Utilize Any Trigger Emotion That Fires Up The Reptilian Brain

eom

[Nuclear Unicorn]

23. Is that why the Prohis constantly appeal to mass-murder, racism and sex imagery?

[friendly_iconoclast]

31. Well played! Your interlocutor seems to have gone missing after that post...

[gejohnston]

15. maybe ATF should be an

investment strategy.

[ileus]

19. My last buy was a Shield...nice personal protection pistol

Next question is M&P 45 or Sig p227.

[proudretiredvet]

27. Mine are new Springfield's XD's

A pair of springfield armories XD 45 subcompacts that will replace my XD .40 subs. The new powder river triggers came in today and the night sights will be here tomorrow. I've already done the smooth and tune on them and extra magazines are on my gun bench. By tomorrow night they will be fully customized so I can put them on my permits next week.
The .40's will go to my wife and daughter and on their permits.

[oneshooter]

29. On your permit?

[proudretiredvet]

32. They will be on my permits next week.

One permit from cali, yes really for many years, and the other on my Florida permit.

[oneshooter]

33. So you need to list your CHL arms on your permit?

In Texas there is no such need. We carry what we wish.

[ileus]

34. I'm going to order the apex kit for my Shield

Like you I've already polished my trigger bar and that took most all the grit. Now to get the reset and pull down some.

[SkatmanRoth]

28. Obviously this is part of the coming backlash