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The
Below Comments Relate to this Newslink:
Guns no roses for stock investors
Submitted by:
Mark A. Taff
Website: http://www.marktaff.com
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Having said that, shares in the manufacturers of handguns, shotguns and “modern sporting rifles” such as the old AR-15 had a pretty good run from July 2020 to early this year. But now it looks like they are reverting to type: low-tech metal benders with subnormal valuations.
Many of the great American gun-making names, such as Remington, Winchester, Colt and Marlin, have had at least one trip to bankruptcy courts. The two pure play gunmakers left, Sturm, Ruger & Co and Smith & Wesson Brands, have underperformed the broader indices, even though their sales hit all-time records in January.
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| Comment by:
PHORTO
(5/7/2021)
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A subscription? Really?
This post was a waste of time. |
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| QUOTES
TO REMEMBER |
| The most foolish mistake we could possibly make would be to permit the conquered Eastern peoples to have arms. History teaches that all conquerors who have allowed their subject races to carry arms have prepared their own downfall by doing so. Indeed I would go so far as to say that the underdog is a sine qua non for the overthrow of any sovereignty. So let's not have any native militia or police. German troops alone will bear the sole responsibility for the maintenance of law and order. — Adolf Hitler, April 11, 1942. (Source: "Hitler's Table-Talk at the Fuehrer's Headquarters 1941-1942", Dr. Henry Picker, ed. (Athenaeum Verlag, Bonn, 1951).) |
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