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Smith & Wesson Announces 48% Surge In Gun Sales

 
TechRaider
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12/07/2012 10:03 AM
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Smith & Wesson Announces 48% Surge In Gun Sales
(snip)

With gun control becoming part of the national debate over the last week in the aftermath of NBC Sports anchor Bob Costas’ comments, Smith & Wesson have announced a 48% surge in firearms sales and a quarterly profit of $21.2 million dollars.

“Net sales from continuing operations for the second quarter were a record $136.6 million, up 48.0% from the second quarter last year,” states a press release by Smith & Wesson Holding Corporation.

In addition, gun stores across the country reported a deluge of customers, with some owners estimating a 400% increase in sales compared to normal trading. “It was the largest day that we’ve ever had,” one gun store owner told WKYT.

The majority of customers, many of whom are first time gun owners and women, say that they are purchasing firearms for two primary reasons – fear of social unrest in the aftermath of an economic collapse and concerns that President Obama will use some of his political capital to enact strict gun control legislation.

The Obama administration’s support for the United Nations Arms Trade Treaty (ATT), on which final discussions are to take place in March, has also stoked fears that global treaties could be used to curtail the second amendment.

“I have maintained for quite some time that the only true “consumer confidence” statistic one should look at is that of gun sales. The bottom line is people do not hoard guns when they are confident about the future of the country, and gun sales have never been better,” writes Mike Krieger.

[link at Austin blow hard]

Last Edited by Hard Eight on 12/07/2012 11:08 AM
Texas has yet to learn submission to any oppression, come from what source it may.
Sam Houston

"The beauty of the Second Amendment is that it will not be needed until they try to take it."
Thomas Jefferson
TechRaider (OP)

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12/07/2012 10:06 AM
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Re: Smith & Wesson Announces 48% Surge In Gun Sales
Smith & Wesson, G-III Announce Earnings

[link to www.forbes.com]
Texas has yet to learn submission to any oppression, come from what source it may.
Sam Houston

"The beauty of the Second Amendment is that it will not be needed until they try to take it."
Thomas Jefferson
TechRaider (OP)

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12/07/2012 10:11 AM
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Re: Smith & Wesson Announces 48% Surge In Gun Sales
Gun Sales In Colorado Soar In 2012

Firearm sales in Colorado are surging in 2012 in the wake of the Aurora theater massacre and the abduction-murder of 10-year-old Jessica Ridgeway.

Despite a sagging economy, the number of background checks done for the purchase of a firearm has grown 58 percent since 2007, The Denver Post reports.

Newser reports the fear of a crackdown on guns in Obama's second term has spiked demand once more -- and like clockwork, gun sales spiked following Obama's reelection in November.

"The biggest new group of buyers now are senior citizens," explained Larry Hyatt, the owner of a North Carolina gun shop, to CNBC's Closing Bell. "Ten thousand baby boomers a day are turning 65. They can't run, they can't fight, they got to shoot."

[link to www.huffingtonpost.com]
Texas has yet to learn submission to any oppression, come from what source it may.
Sam Houston

"The beauty of the Second Amendment is that it will not be needed until they try to take it."
Thomas Jefferson
indiandave

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12/07/2012 10:13 AM

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Re: Smith & Wesson Announces 48% Surge In Gun Sales
Smith & Wesson should send Obama a Christmas card. He's their best salesman.
TechRaider (OP)

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12/07/2012 10:13 AM
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Re: Smith & Wesson Announces 48% Surge In Gun Sales
Obama Gun Surge, Take 2

Experience notwithstanding, Obama’s reelection could spark a renewed gun-sales surge. At least that’s what investors seem to be signaling, according to Bloomberg News. This from an illuminating dispatch by Tim Catts:

Smith & Wesson Holding Corp. (SWHC) climbed the most in two months to lead a rally among firearms manufacturers as traders speculated that President Barack Obama’s reelection will spur gun sales. Investors are wagering that more Americans will buy guns after the win by Obama, who said last month he would consider reintroducing a ban on civilian purchases of military-style assault weapons.

[link to www.businessweek.com]
Texas has yet to learn submission to any oppression, come from what source it may.
Sam Houston

"The beauty of the Second Amendment is that it will not be needed until they try to take it."
Thomas Jefferson
TechRaider (OP)

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12/07/2012 10:17 AM
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Re: Smith & Wesson Announces 48% Surge In Gun Sales
Gun Control Fears Shoot Up With 2nd Obama Term

MOBILE, Alabama --

When you talk about guns that are in high demand, it's any military grade weapon that used to be the assault weapons ban of the 90's. I went to Lucky's Pawn in Robertsdale, Goldmine Pawn in Daphne and Encore Outdoors--all report a spike in gun sales--as small as 25% to as much as 300%.

“People are worried about future restrictions not only on AR platforms but guns and ammo availability, if you look at the last election there was a shortage of ammo, gun supplies were hard to get,” says Tracey Lassere the owner of Encore Outdoors. Customers are stocking up on either the guns they've been thinking about buying or the bullets they worry they won't be able to buy.

[link to www2.wkrg.com]
Texas has yet to learn submission to any oppression, come from what source it may.
Sam Houston

"The beauty of the Second Amendment is that it will not be needed until they try to take it."
Thomas Jefferson
Intergalactic Diplomat

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12/07/2012 10:20 AM
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Re: Smith & Wesson Announces 48% Surge In Gun Sales
Yup. Clear to see all the propaganda, false flag shootings, and stringent gun legislation is having a real impact on the American population...

I'm sure they are patting each other on the back, with their smug expressions and toasting victory to the news...

Last Edited by Intergalactic Diplomat on 12/07/2012 10:20 AM
TechRaider (OP)

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12/07/2012 10:20 AM
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Re: Smith & Wesson Announces 48% Surge In Gun Sales
Bloomberg: NRA Dying, Americans Want More Gun Control

"recent presidential elections "proved" the NRA is dying and the American people want more gun control."

[link to www.breitbart.com]

Bloomberg and his cohorts joined hands with the Center for American Progress Action Fund to carry out their conference call Friday. Their message: "Voters trust Barack Obama on guns and support gun-law reforms."

Last Edited by Hard Eight on 12/07/2012 10:22 AM
Texas has yet to learn submission to any oppression, come from what source it may.
Sam Houston

"The beauty of the Second Amendment is that it will not be needed until they try to take it."
Thomas Jefferson
Anonymous Coward
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12/07/2012 10:29 AM
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Re: Smith & Wesson Announces 48% Surge In Gun Sales
Bloomberg is a jew news outlet so what did you expect.....
TechRaider (OP)

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12/07/2012 10:31 AM
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Re: Smith & Wesson Announces 48% Surge In Gun Sales
Buy Gun Stocks When a Democrat is in Office


The theory is that when Democrats hold the power, gun owners are scared for their Second Amendment Rights, and go out and buy more firearms, worried that Big Brother is about to take them all away.


Each year, since a Democrat was elected president, overall, firearms sales have increased across the board. And that is in spite of a bad economy, where normally it would stand to reason that an expensive, (some would say) non-commodity, product's sales would drop off. Again, this proves the theory that firearms sell well because a Democrat is in office.

[link to beta.fool.com]
Texas has yet to learn submission to any oppression, come from what source it may.
Sam Houston

"The beauty of the Second Amendment is that it will not be needed until they try to take it."
Thomas Jefferson
Anonymous Coward
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12/07/2012 10:34 AM
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Re: Smith & Wesson Announces 48% Surge In Gun Sales
gun sales going up = people getting paranoid
Anonymous Coward
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12/07/2012 10:35 AM
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Re: Smith & Wesson Announces 48% Surge In Gun Sales
Have you met my friends

Smith and Wesson?


dead3 rocket
TechRaider (OP)

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12/07/2012 10:35 AM
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Re: Smith & Wesson Announces 48% Surge In Gun Sales
How to Start a Gun Store

Starting a gun shop can be a very good idea most especially if you have a natural interest in guns and ammunitions. Remember to choose a good location for your gun store and to implement good marketing strategies.

[link to www.startupbizhub.com]
Texas has yet to learn submission to any oppression, come from what source it may.
Sam Houston

"The beauty of the Second Amendment is that it will not be needed until they try to take it."
Thomas Jefferson
Anonymous Coward
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12/07/2012 10:36 AM
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Re: Smith & Wesson Announces 48% Surge In Gun Sales
gun sales going up = people getting paranoid
 Quoting: Anonymous Coward 831183


Animals flee before natural disaster.

It's called instinct not paranoia.
TechRaider (OP)

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12/07/2012 10:37 AM
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Re: Smith & Wesson Announces 48% Surge In Gun Sales
Bloomberg is a jew news outlet so what did you expect.....
 Quoting: Anonymous Coward 22659898


Exactly! Nanny State beyond infinity if he could. He's a liberal/progressive in the mold of Soros, so no big surprise.

Last Edited by Hard Eight on 12/07/2012 10:40 AM
Texas has yet to learn submission to any oppression, come from what source it may.
Sam Houston

"The beauty of the Second Amendment is that it will not be needed until they try to take it."
Thomas Jefferson
Anonymous Coward
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12/07/2012 10:54 AM
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Re: Smith & Wesson Announces 48% Surge In Gun Sales
you can bet that this fascist administration is working on a plan to shut down the gun stores. Buy what u need, now. By the time the anti gunners wake up, it will be to late.
TechRaider (OP)

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12/07/2012 10:55 AM
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Re: Smith & Wesson Announces 48% Surge In Gun Sales
Stop the UN Small Arms Treaty! A message from Rand
Paul


Dear fellow American,

Gun-grabbers around the globe believe they have it made.

Secretary of State Hillary Clinton recently announced the Obama Administration will be working hand-in-glove with the UN to pass a new “Small Arms Treaty.”

Disguised as an “International Arms Control Treaty” to fight against “terrorism,” “insurgency” and “international crime syndicates,” the UN’s Small Arms Treaty is in fact a massive, GLOBAL gun control scheme.

[more]
[link to www.nagr.org]

Gun rights advocates need to know that the 2nd amendment is only as good as the fourth amendment. If we are not free from unreasonable and warrantless searches, no one's guns are safe.

[link to www.paul.senate.gov]

Last Edited by Hard Eight on 12/07/2012 10:58 AM
Texas has yet to learn submission to any oppression, come from what source it may.
Sam Houston

"The beauty of the Second Amendment is that it will not be needed until they try to take it."
Thomas Jefferson
Anonymous Coward
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12/07/2012 10:58 AM
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Re: Smith & Wesson Announces 48% Surge In Gun Sales
gun sales going up = people getting paranoid
 Quoting: Anonymous Coward 831183


Animals flee before natural disaster.

It's called instinct not paranoia.
 Quoting: Anonymous Coward 1178940


lol

you have a point
Anonymous Coward
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12/07/2012 10:58 AM
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Re: Smith & Wesson Announces 48% Surge In Gun Sales
Ironically thanks to Obama anti gun stance...
TechRaider (OP)

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12/07/2012 11:05 AM
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Re: Smith & Wesson Announces 48% Surge In Gun Sales
Rand Paul favorably quoted in FoxSports commentary on Gun Control

From Engel's article on FoxSports:

"...So scaring Americans and then using that fear to explain why this egregious assault on their rights is for their own good is genius. This is exactly why the right protecting against unreasonable searches and seizures of Americans is no longer absolute, thanks to the Patriot Act, and a right to a speedy and public trial by jury was only days ago finally reaffirmed in the Senate, with Sen. Rand Paul (R-Ky.) so eloquently arguing, “If we relinquish our rights because of fear, what is it exactly, then, we are fighting for?”

“We have nothing to fear that should cause us to relinquish our rights as free men and women,” Paul said. “I urge my colleagues to reject fear, to reject the siren call for ever more powerful government.”

This is not simply about guns. This is about rights. It is a slippery slope from doing something in the interest of public safety to giving up what we hold dear. The slope is greased with fear, with a self-righteous belief that we know better than the framers of the Constitution. And it is all based on informal fallacy. "

[link to www.dailypaul.com]

[link to msn.foxsports.com]
Texas has yet to learn submission to any oppression, come from what source it may.
Sam Houston

"The beauty of the Second Amendment is that it will not be needed until they try to take it."
Thomas Jefferson
Anonymous Coward
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12/07/2012 11:07 AM
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Re: Smith & Wesson Announces 48% Surge In Gun Sales
Ironically thanks to Obama anti gun stance...
 Quoting: Anonymous Coward 2134890


Lol yeah no kidding.

Every action has an equal and opposite reaction.

Except with Guns.

If Obama offered free guns and lifted restrictions gun sales would still go up!
indiandave

User ID: 27213312
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12/07/2012 11:10 AM

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Re: Smith & Wesson Announces 48% Surge In Gun Sales
Bloomberg is a jew news outlet so what did you expect.....
 Quoting: Anonymous Coward 22659898


Exactly! Nanny State beyond infinity if he could. He's a liberal/progressive in the mold of Soros, so no big surprise.
 Quoting: TechRaider


Keep in mind, Mayor Bloomberg is protected by armed men 24/7. He doesn't need a gun. I protect me. I need a gun.

I hate it when billionares tell the peasants how to live.
TechRaider (OP)

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12/07/2012 11:14 AM
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Re: Smith & Wesson Announces 48% Surge In Gun Sales
Ironically thanks to Obama anti gun stance...
 Quoting: Anonymous Coward 2134890


Lol yeah no kidding.

Every action has an equal and opposite reaction.

Except with Guns.

If Obama offered free guns and lifted restrictions gun sales would still go up!
 Quoting: Anonymous Coward 1178940


Osamba statist implosion = dumb vs. Gun buyers prepped = smart
Texas has yet to learn submission to any oppression, come from what source it may.
Sam Houston

"The beauty of the Second Amendment is that it will not be needed until they try to take it."
Thomas Jefferson
Anonymous Coward
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12/07/2012 11:26 AM
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Re: Smith & Wesson Announces 48% Surge In Gun Sales
gun sales going up = people getting paranoid
 Quoting: Anonymous Coward 831183


Animals flee before natural disaster.

It's called instinct not paranoia.
 Quoting: Anonymous Coward 1178940


lol

you have a point
 Quoting: Anonymous Coward 831183


Paranoia is awareness.
Our own government is one of the most collectively paranoid institutions on planet earth. Just look at its behavior over the last 40 years. Paranoid as a mother fucker.

'Bout time the citizenry womeup to this reality.
Anonymous Coward
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12/07/2012 11:30 AM
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Re: Smith & Wesson Announces 48% Surge In Gun Sales
macgunsheepsheepsheepsheepsheepsheepsheepsheepsheepsheepsheepsheepsheepsheepsheepsheepsheepsheepsheeprocket
Anonymous Coward
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12/07/2012 11:32 AM
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Re: Smith & Wesson Announces 48% Surge In Gun Sales
I bought my first gun ever last year, a S&W 686 revolver with a 4" barrel. I bought it for the two reasons cited in the article but the main reason I bought it was because of the signing of the NDAA, which allows for American citizens to be indefinitely detained without judge, jury or trial. Let's also not forget that government has been purchasing large quantities of ammo lately. If "they" are preparing then we need to prepare as well. Will be buying more guns when I get the funds. I never planned on owning a gun but then again I also never planned on living in a country like Soviet Russia or Germany during the 1930s and 40s.
Anonymous Coward
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12/07/2012 11:36 AM
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Re: Smith & Wesson Announces 48% Surge In Gun Sales
I bought my first gun ever last year, a S&W 686 revolver with a 4" barrel. I bought it for the two reasons cited in the article but the main reason I bought it was because of the signing of the NDAA, which allows for American citizens to be indefinitely detained without judge, jury or trial. Let's also not forget that government has been purchasing large quantities of ammo lately. If "they" are preparing then we need to prepare as well. Will be buying more guns when I get the funds. I never planned on owning a gun but then again I also never planned on living in a country like Soviet Russia or Germany during the 1930s and 40s.
 Quoting: Anonymous Coward 1447583


looking at all those threads about those DHS contracts, one can only conclude that they're preparing for war against US citizens.
Anonymous Coward
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12/07/2012 11:36 AM
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Re: Smith & Wesson Announces 48% Surge In Gun Sales
And all your consumer grade guns will work so well against robots, drones and apc's.
Fighting anyone who you already provided with state of the art weaponry with your pea shooters is a fantasy intended to lull you into a hollywood created rambo fantasy that in truth never existed.
You dont seem to understand that someone with an AT4, which you paid for, and paid to train the one aiming at you from behind cover one or two hundred meters away from your position can punch through 6 inches of reinforced concrete to have the warhead explode in the middle of your fort.
So, if you have 12 inches of reinforced concrete between you and the ptb, youre safe until the hellfires show up, which you paid for, and the drone they rode in on, and the operator that pushes the button and the officer who tells him to, and the politician who gives the order
Anonymous Coward
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12/07/2012 11:38 AM
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Re: Smith & Wesson Announces 48% Surge In Gun Sales
And all your consumer grade guns will work so well against robots, drones and apc's.
Fighting anyone who you already provided with state of the art weaponry with your pea shooters is a fantasy intended to lull you into a hollywood created rambo fantasy that in truth never existed.
You dont seem to understand that someone with an AT4, which you paid for, and paid to train the one aiming at you from behind cover one or two hundred meters away from your position can punch through 6 inches of reinforced concrete to have the warhead explode in the middle of your fort.
So, if you have 12 inches of reinforced concrete between you and the ptb, youre safe until the hellfires show up, which you paid for, and the drone they rode in on, and the operator that pushes the button and the officer who tells him to, and the politician who gives the order
 Quoting: Anonymous Coward 1310640


yet a 99 cent space blanket will defeat a million dollar thermal device.
Anonymous Coward
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12/07/2012 11:43 AM
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Re: Smith & Wesson Announces 48% Surge In Gun Sales
And all your consumer grade guns will work so well against robots, drones and apc's.
Fighting anyone who you already provided with state of the art weaponry with your pea shooters is a fantasy intended to lull you into a hollywood created rambo fantasy that in truth never existed.
You dont seem to understand that someone with an AT4, which you paid for, and paid to train the one aiming at you from behind cover one or two hundred meters away from your position can punch through 6 inches of reinforced concrete to have the warhead explode in the middle of your fort.
So, if you have 12 inches of reinforced concrete between you and the ptb, youre safe until the hellfires show up, which you paid for, and the drone they rode in on, and the operator that pushes the button and the officer who tells him to, and the politician who gives the order
 Quoting: Anonymous Coward 1310640


yet a 99 cent space blanket will defeat a million dollar thermal device.
 Quoting: Anonymous Coward 28870983


not really, they warm up as well if you hold it long enough.
You imagine that they dont want to make a statement to anyone watching, and I assure you they dont care if they dirty the wallpaper in your hideyhole.

You cant win any conflict in which youre forced to provide support to your opponent. YOURE SUPPLYING THE OTHER SIDE, and have nothing left for your own support, at least nothing that matters
Anonymous Coward
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12/07/2012 11:44 AM
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Re: Smith & Wesson Announces 48% Surge In Gun Sales
and another thing, stupid, for the few moments that a space blanket obscures you from thermal, it lights you up like a torch on starlight, so, since most weaponsights have both modalities, youre still fuked up the bum

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