Smith and Wesson stock swoons on expected plunge in firearms sales

[trader]

Now that President Trump will be taking office, many 2A people sense the next four years will not be adverse to their cause. This could mean sales on many firearms from a number of companies. Springfield was wise to get out in front of this possible slump with sales ahead of this softening curve to the cyclical firearms buying waves.

Smith & Wesson Plunges After "Firearm-Buying Frenzy" Ends As "Digestion Period" Begins | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

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[bangnburp]

Sitting in a Dem led communist state with more and more rights being removed every time jabba the governor signs paper I'll continue to keep it business as usual. Not convinced we are safe from tyranny quite yet.

 

[Pitdogg2]

That is no lie, during his first term manufacturing of firearms and ammo took a giant hit. They struggled mightily.

 

[HayesGreener]

Can we please bring down the price of ammo while we are at it?

 

[trader]

I think that is coming too - a lot of b friday / c monday sales held over all week and now starting holiday sales. My pov is if they don't sell it they have to lower prices else, keep it into next year.

 

[SimonRL]

I saw a brand new HK SP5K for $2399 last week. Personally, I think good times are ahead. I’m just waiting on that Trump edition Laugo Alien… for $2500.

 

[4rchangel]

Sitting in a Dem led communist state with more and more rights being removed every time jabba the governor signs paper I'll continue to keep it business as usual. Not convinced we are safe from tyranny quite yet.

"jabba the governor"

 

[Wirenut]

Sitting in a Dem led communist state with more and more rights being removed every time jabba the governor signs paper I'll continue to keep it business as usual. Not convinced we are safe from tyranny quite yet.

As long as governor flintstone keeps using his billions to get his bought and paid for supreme court judges in office we will have an uphill battle.

 

[Old_Me]

maybe such a "slump" will result in more sale prices of guns, and ammo, and maybe even reloading components..????

if so......"time to stock up fella's....."

 

[Talyn]

"Normally" there is always a "summer" slump in sales, without any political/global event(s) and "fake news" to cause a panic.

This being an election year with the Donkey Party in the WH plus overseas events pumped the market up for sales, but the somewhat predicated ammo shortage never manifested itself because the economy has been down, and the middle/lower classes have been tapped out in their budgets.

My contacts & monitoring the market have proven out that there's been a slump in the market. With Trump being elected that slump will deepen & forces manufacturers to ramp things back and focus on niche markets. Some vendors stocked up on ammo anticipating a run if JB/KH had been elected, but now are offering sizeable discounts to move excess product.

My .02

 

[Bear007]

Sometimes i just wish people would put what state they are from in their profile or something to reference so I can figure out who or what state they are talking about.

I'm in western PA.

I've got no clue who Jabba is.

 

[HayesGreener]

I want to see ammo manufacturers and stores drowning in excess inventory. I will buy when prices get down where they should be. They have been gouging us for several years and it's time for a correction.

 

[HayesGreener]

I've got no clue who Jabba is.

Illinois governor

 

[Bassbob]

I saw a brand new HK SP5K for $2399 last week. Personally, I think good times are ahead. I’m just waiting on that Trump edition Laugo Alien… for $2500.

Gets a little lower and I'll buy it.

 

[trader]

Bear - Jabba the Hutt is Priztker, though Jabba had a better voice, looks, build and personality.

 

[Old_Me]

Bear - Jabba the Hutt is Priztker, though Jabba had a better voice, looks, build and personality.

also known as Fred Flintstone, and yeah...lol...he looks like Fred...!!!

 

[Grayfox]

Smith & Wesson has proven several times that their current management ain't exactly the brightest bulb on the Christmas tree. I'm not surprised their stock is falling.
I also don't think Trump is as pro-2nd as many think he is. Trump is an opportunist. If he thinks its to his advantage, he'll screw us on gun rights without a second thought.
Finally, yeah, I'd love to see prices fall. Especially on ammo.

 

[Talyn]

I want to see ammo manufacturers and stores drowning in excess inventory. I will buy when prices get down where they should be. They have been gouging us for several years and it's time for a correction.

We would like it to be BUT.

Thanks to the Donkey Party various items have been inflated ranging from 20-30% over the last four years which can't be ignored, and thanks to Bush 2 and Obama the USD has been devalued greatly the last 30 yrs.

So...

 

[papa]

As long as governor flintstone keeps using his billions to get his bought and paid for supreme court judges in office we will have an uphill battle.

That's a fact! I would love for the NEW DOJ look into Jabba's activities.

 

[NMEDGE]

I want to get the new HK CC9. I was going to wait to the first of the year but might have to get it a little sooner. I am sure there will be no sales on that one.