Comments on: Time to buy gun shares?

By: DC

DC — Thu, 19 Feb 2009 16:17:56 +0000

Well Mockum … here it is almost March 2009 and guns and ammo sales haven’t even begun to show signs of slowing down. How now brown cow?
My opinion…you cannot possibly go wrong investing in guns and ammo. Especially with “PEBO” in control of the White House now.

By: jdun

jdun — Tue, 11 Nov 2008 22:00:43 +0000

Economic wise we’re going into a depression.

Electing Obama was the worst thing that can happen to the world economy. The people that are responsible for the subprime mess is the ones that will be in power by next year.

There are a lot of fear going around in the US stock market. Investors are moving their money to oversea island states so Obama won’t be able to steal their money.

Just remember we’re not in a recession yet. It takes two negative quarters to call it a recession. We had one last quarter and almost 100% for the current quarter. The worst is yet to come. By a lot of guns and ammo because in a depression those dumbass that voted for Obama will have no job and no food.

Anyway we bought over 5k of AR15 upper parts from YHM (Yankee Hill Machinery) and it took 3 months for it to arrive. Privately held companies are the one that making the most money.

By: N.U.G.U.N.

N.U.G.U.N. — Tue, 11 Nov 2008 19:32:16 +0000

So why not buy when it’s low?

Ruger’s at $6. Sure I might lose some, but low is a good time to buy.

Heck, my Netflix stock is really down, the whole market is down. But this is when the people who have money to buy, and buy the right stock make big.

That said, one does have to determine the long-term viability of a company.

By: mockum

mockum — Tue, 11 Nov 2008 16:22:19 +0000

I agree. This current sales spurt won’t last into January because, by then, everyone will have all the assault weapons and high-cap magazines they want. In fact, future sales may be much lower than past years because there won’t be any demand any more.