Big day for gun sales!

This is a discussion on Big day for gun sales! within the Off Topic & Humor Discussion forums, part of the The Back Porch category; I like the message it sends to Washington. It says we are here, we are armed to the teeth and we expect you to do ...

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  1. #16
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    I like the message it sends to Washington. It says we are here, we are armed to the teeth and we expect you to do your jobs in a correct and professional manner.

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  3. #17
    Distinguished Member Array Brady's Avatar
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    Yeah, I'd say they're gonna do OK

    Sturm, Ruger & Company, Inc. Reports Third Quarter 2012 Fully Diluted Earnings of 88 Per Share
    October 31, 2012
    Sturm, Ruger & Company, Inc. (NYSE: RGR) announced today that for the third quarter 2012, the Company reported net sales of $118.2 million and fully diluted earnings of 88 per share, compared with net sales of $80.5 million and fully diluted earnings of 56 per share in the third quarter of 2011.

    For the nine months ended September 29, 2012, net sales were $350.1 million and fully diluted earnings were $2.58 per share. For the corresponding period in 2011, net sales were $235.6 million and fully diluted earnings were $1.55 per share.

    The Company also announced today that its Board of Directors declared a dividend of 38.2 per share for the third quarter, for shareholders of record as of November 12, 2012, payable on November 26, 2012. This dividend varies every quarter because the Company pays a percent of earnings rather than a fixed amount per share. Effective with the dividend paid in March 2012, the Company increased the percent of quarterly earnings paid out as dividends by 67%. This dividend is approximately 40% of net income.
    =================================================

    Smith & Wesson Holding Corporation Reports Record First Quarter Fiscal 2013 Financial Results
    - Record Fiscal First Quarter 2013 Net Sales from Continuing Operations of $136.0 Million, Up 48.3% Year-Over-Year
    - Record Fiscal First Quarter 2013 Income from Continuing Operations of $18.9 Million or $0.28 per diluted share
    - Record Non-GAAP Adjusted EBITDAS of $36.1 Million
    - Company Raising Full Year Fiscal 2013 Financial Guidance

    SPRINGFIELD, Mass., Sept. 6, 2012 /PRNewswire/ -- Smith & Wesson Holding Corporation (NASDAQ Global Select: SWHC), a leader in firearm manufacturing and design, today announced record financial results for the fiscal 2013 first quarter ended July 31, 2012.

    First Quarter Fiscal 2013 Financial Highlights

    Net sales from continuing operations for the first quarter were a record $136.0 million, up 48.3% from the first quarter last year. The increase was led by strong sales of the M&P product platform.
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  4. #18
    Member Array l1a1's Avatar
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    That may be the message that was sent, but does anyone expect the elected or appointed officials to actually do their jobs? Never mind doing them in a correct and professional manner. I wouldn't have honestly expected that out of either candidate to tell the truth. I can be just a bit cynical though. Rant off. :-)
    It's kind of like how some people have a sudden and insatiable desire to talk about vampires after the Twilight series became popular, except zombies are much less gay and more likely to exist one day

  5. #19
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    On one of the FOX Business shows where the panel gives stock picks, one recommended Sturm Ruger for a quick rise.
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  6. #20
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    The Store (KTP) where I work hasn't slowed down one bit since the Election. Matter of fact it has been crazy since the 2008 Election, and sales are higher than ever before.
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  7. #21
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    I heard Obama was going to take my guns away four years ago. I still have them. I heard I wouldn't be able to get guns if he was re-elected...I still bought another one this weekend.

    The only thing I've seen is ammunition costs rise, and from what I can tell, that's been as much caused by self-fulfilling prophecy as who's in office.

    Not a huge Obama fan, by the way, but just pointing out that despite doomsayers the gun business still seems to be alive and well.

  8. #22
    Ex Member Array dbglock's Avatar
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    I went to a gun show Saturday and when I saw the parking lot and line at the door I turned around and left. I wasn't there to pay the idiot tax (buying guns and ammo because Obama's going to ban them), my son and I had planned to go two months ago, the election being far from my mind. Oh well, we can go look at new toys over the winter when the "taxpayers" realize the sky is still up there.

  9. #23
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    Went to a gun show this past weekend and the parking lot was full and I had to wait in line to get in the door. People were NOT purchasing. Most were just shopping. The vendors liked the crowd but were complaining about the lack of good sales. Lots of Cheap bargin hunters out there. It was a good place to vent a bit and look at guns.
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  10. #24
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    Quote Originally Posted by AK_Brian View Post
    I heard Obama was going to take my guns away four years ago. I still have them. I heard I wouldn't be able to get guns if he was re-elected...I still bought another one this weekend.

    The only thing I've seen is ammunition costs rise, and from what I can tell, that's been as much caused by self-fulfilling prophecy as who's in office.

    Not a huge Obama fan, by the way, but just pointing out that despite doomsayers the gun business still seems to be alive and well.
    AUH; but he had 1 more election to go through and remember the message he gave Dmitry Medvedev to pass on to Vladimir (Putin) "This is the last election I will ever have to stand, Tell Vladimir after November I'll have more flexibility".

    Diane Finebitch senator from Kalifornia has already introduced an "Assault Weapons Ban" without any grandfathering.

  11. #25
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    Instead of being at a LGS they should have VOTED................
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  12. #26
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    Quote Originally Posted by 1 old 0311 View Post
    Instead of being at a LGS they should have VOTED................
    I did both, thank you.

  13. #27
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    Quote Originally Posted by atctimmy View Post
    I like the message it sends to Washington. It says we are here, we are armed to the teeth and we expect you to do your jobs in a correct and professional manner.
    But this is the fatal flaw in this plan. The government has a lot more guns then citizens and they are more powerful.

    Its like a person with an handgun is getting into a gunfight with someone that has a rifle.....
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  14. #28
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    The aware people already have what they already need. Now, we are just seeing crazy market speculation.
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  15. #29
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    Quote Originally Posted by Knightrider View Post
    But this is the fatal flaw in this plan. The government has a lot more guns then citizens and they are more powerful.

    Its like a person with an handgun is getting into a gunfight with someone that has a rifle.....
    Not even close. There is somewhere around 80 to 100 million gun owners in America. Also, the Government is made up of citizens and many may just not show up to work on SHTF day.

  16. #30
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    No SURPRISE ,,,,, OBAMA,,,,, has already proven to be the BEST GUN SALESMAN IN THE HISTORY
    OF THE WORLD.

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