Gun Stocks Drop

rc · November 9, 2020, 08:17 PM

I believe the election in question, there is still a fear that gun control will reduce the profits of gun companies.

**Aguila Blanca** · November 9, 2020, 09:14 PM

Not related to Law & Civil Rights. Moved to General Discussion.

Geezerbiker · November 10, 2020, 01:59 AM

That's an odd one. Until at least a new president (and assuming there is a change since that's all up in the air at the moment) could change some laws, I would think that everybody and their dog would be scrambling to get guns on the proposed ban list.

It's not like we haven't seen this before...

Tony

roscoe · November 10, 2020, 03:04 AM

The gun purchasing surge was a response to the pandemic and the potential for unrest around the election. Two major pharmaceutical companies announced new COVID drugs today and the election is over (without major civil unrest). Folks are optimistic for the future, therefore the expectation is that gun sales will drop.

I will be glad when it calms down enough so I can get primers.

Ignition Override · November 11, 2020, 01:18 AM

roscoe: Nice summary of the present "big picture".

Ladies & Gentlemen: even if Biden continues further down the path to an inauguration and receives the Official Electoral Votes by the required date of Dec. 14th or 15th, let's also remember 2008-2009: Pres. Obama was not About to use all of his "political capital" (potential support) for an antigun bill.

He had already planned for a huge, major healthcare act, and even had to 'buy off' some Senators to receive their critical votes. A huge number of people who 'knew' that he would waste all of his support trying to ban AR-15s or such....were either totally ignorant of Obama's sole objective-- or >>> were Lying to the "gullible herd" <<<. $$$$ Profits were earned then by selling thousands of ARs etc which vast numbers of new owners did not really want.....

Why, logically, would Biden--having a (now) fractured Dem. Party, whether they retain a small Senate majority, or not--want to gamble all of his initial, squabbling Congressional support on an antigun bill which does not Give people anything (nor help our ravaged economy)....? No "bread and circuses" for the anxious masses.

5whiskey · November 12, 2020, 12:21 AM

Quote:

Why, logically, would Biden--having a (now) fractured Dem. Party, whether they retain a small Senate majority, or not--want to gamble all of his initial, squabbling Congressional support on an antigun bill which does not Give people anything (nor help our ravaged economy)....? No "bread and circuses" for the anxious masses.

I largely agree. Well, except that Dems will hold no senate majority. They MAY get to a tie, but I don’t thing so. Republicans hold 50 seats now. Alaska has been called, and though the AP hasn’t called NC (out of a pipe dream that all 116k outstanding absentee ballots will come back in and be over 90% for Cal Cunningham) Cunningham has conceded to Tillis.

At any rate, there is still the filibuster to block gun control if the pro-gun party can keep their members in line. Several democrat senators are saying they will not agree to end the legislative filibuster. Also, this isn’t the “wave” election they were hoping for. I think major bans is a dead issue, though I could see something like internet sales being messed with.

**4V50 Gary** · November 12, 2020, 12:33 PM

Gun stocks were down but with fear of civil unrest and a regime change (ain't gonna happen) I'd imagine sales would improve.

**Tom Servo** · November 12, 2020, 03:09 PM

I'd like to see a source. That said, tracking stocks one month to the next is a terrible way to glean data. Gun and ammunition companies are dealing with the same Covid problems as everyone else, and I'm sure that has something to do with it. There are likely other factors at work as well.

Mk VII · November 14, 2020, 02:46 PM

I thought this was going to be about the amount of 'drop' you get on your rifle/shotgun's stock.

November 9, 2020, 08:17 PM	#1
rc Senior Member Join Date: April 28, 2001 Location: CA Posts: 1,767	Gun Stocks Drop I believe the election in question, there is still a fear that gun control will reduce the profits of gun companies.

November 9, 2020, 09:14 PM	#2
Aguila Blanca Staff Join Date: September 25, 2008 Location: CONUS Posts: 18,467	Not related to Law & Civil Rights. Moved to General Discussion. __________________ NRA Life Member / Certified Instructor NRA Chief RSO / CMP RSO 1911 Certified Armorer Jeepaholic

November 11, 2020, 01:18 AM	#5
Ignition Override Senior Member Join Date: February 18, 2008 Location: About 20 nm from the Big Muddy Posts: 2,886	roscoe: Nice summary of the present "big picture". Ladies & Gentlemen: even if Biden continues further down the path to an inauguration and receives the Official Electoral Votes by the required date of Dec. 14th or 15th, let's also remember 2008-2009: Pres. Obama was not About to use all of his "political capital" (potential support) for an antigun bill. He had already planned for a huge, major healthcare act, and even had to 'buy off' some Senators to receive their critical votes. A huge number of people who 'knew' that he would waste all of his support trying to ban AR-15s or such....were either totally ignorant of Obama's sole objective-- or >>> were Lying to the "gullible herd" <<<. $$$$ Profits were earned then by selling thousands of ARs etc which vast numbers of new owners did not really want..... Why, logically, would Biden--having a (now) fractured Dem. Party, whether they retain a small Senate majority, or not--want to gamble all of his initial, squabbling Congressional support on an antigun bill which does not Give people anything (nor help our ravaged economy)....? No "bread and circuses" for the anxious masses. Last edited by Ignition Override; November 11, 2020 at 01:31 AM.

November 12, 2020, 12:33 PM	#7
4V50 Gary Staff Join Date: November 2, 1998 Location: Colorado Posts: 21,838	Gun stocks were down but with fear of civil unrest and a regime change (ain't gonna happen) I'd imagine sales would improve. __________________ Vigilantibus et non dormientibus jura subveniunt. *Molon Labe!*

November 12, 2020, 03:09 PM	#8
Tom Servo Staff Join Date: September 27, 2008 Location: Foothills of the Appalachians Posts: 13,059	I'd like to see a source. That said, tracking stocks one month to the next is a terrible way to glean data. Gun and ammunition companies are dealing with the same Covid problems as everyone else, and I'm sure that has something to do with it. There are likely other factors at work as well. __________________ Sometimes it’s nice not to destroy the world for a change. --Randall Munroe

November 10, 2020, 01:59 AM	#3
Geezerbiker Senior Member Join Date: March 20, 2011 Location: Willamina, OR Posts: 1,908	That's an odd one. Until at least a new president (and assuming there is a change since that's all up in the air at the moment) could change some laws, I would think that everybody and their dog would be scrambling to get guns on the proposed ban list. It's not like we haven't seen this before... Tony

November 10, 2020, 03:04 AM	#4
roscoe Senior Member Join Date: July 16, 2002 Location: AZ Posts: 575	The gun purchasing surge was a response to the pandemic and the potential for unrest around the election. Two major pharmaceutical companies announced new COVID drugs today and the election is over (without major civil unrest). Folks are optimistic for the future, therefore the expectation is that gun sales will drop. I will be glad when it calms down enough so I can get primers.

November 14, 2020, 02:46 PM	#9
Mk VII Senior Member Join Date: November 23, 2000 Location: England Posts: 455	I thought this was going to be about the amount of 'drop' you get on your rifle/shotgun's stock.