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The drop

After record gun sales credited to the election of Barack Obama, it looks like gun manufacturer stocks are slipping. Signaling that the Great Obama Gun Rush is coming to a close?

6 Responses to “The drop”

  1. Lornkanaga Says:

    Does this mean that ammo will start being more available and cheaper?

  2. Mikee Says:

    The shortage of desirable firearms at reasonable prices has finally been reflected through a smaller increase year over year in background checks for gun purchases.

    15% year over year quarterly sales increases are still OK, just not overwhelmingly as positive as the nearly 50% year over year growth of previous quarters.

    Another way of headlining this story might be, “Firearms buyers unwilling to spend yet another mortgage payment on yet another firearm.”

  3. JKB Says:

    Well, not exactly news to people watching as Ruger went to great pains to define this possibility in their annual report. They also were ramping up in a measured manner so as to not develop a huge warehouse stock.

    On the other hand, there are those like me, who have been waiting for the slow down to make purchases of desired firearms. So I would expect the decline to be a gentle slope.

  4. Robb Allen Says:

    Ah, but the damage has been done.

    Even if not another firearm was sold, think about the message that has already been sent “We bought a lot of guns. A whole *&^ing lot of ’em. Don’t even think of touching them.”

    These are perishable items.

  5. Rabbit Says:

    Yep, Robb’s right.

    Piss us off and see how many more we’ll buy. Maybe rope, tar, and feather futures will take off, too.

    Regards,
    Rabbit.

  6. kaveman Says:

    I’ll be buying a new gun for July 4th.