GUN STOCKS SINK AS BACKGROUND CHECKS HIT DECADE LOW

[trucker777]

Smith & Wesson, Sturm Ruger Sink As Background Checks At Decade Low | Stock News & Stock Market Analysis - IBD

This article seems odd to me. Especially in light of all the recent years of "panic" buying that we've seen. I wonder what forces are at play here....?

 

[Mr Evilwrench]

For background checks to be at a decade low, they would have had to fall off a cliff. I'll be interested to see how long before the authors are busted for LSD possession. The stock market has been acting stupid lately, and it's hard to nail some of it to anything, so maybe they're grabbing at straws. I think it might be about to crash.

 

[HoughMade]

All my gun stocks float...but would sink with the actions and barrels on them. That's hardly the stocks' fault.

 

[snorko]

They are measuring percent decline, not the decline in the number of checks. Their poorly written article has the percent decline in handgun and long gun checks down at a rate greater than the 10 year average.

 

[Mr Evilwrench]

That makes more sense. Just an anti gun tweak at every opportunity.

 

[trucker777]

Pappy always said: "Think for yourself, and question everything."

I think you guys are right. Its a shame what the media has become.

 

[donkjohn]

March 2016 is a record for March. Three month of 16 is a record.

 

[GodFearinGunTotin]

I'm in the mood to just skim articles today but I saw this one just moments ago:

March Sees Record Gun Sales

 

[DoggyDaddy]

They are measuring percent decline, not the decline in the number of checks. Their poorly written article has the percent decline in handgun and long gun checks down at a rate greater than the 10 year average.

March 2016 is a record for March. Three month of 16 is a record.

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Someone is lying (and I don't mean snorko or donkjohn). What's that saying... "Figures don't lie, but liars figure" or something like that? Another one... "There are 3 kinds of lies; Lies, damn lies and statistics."

 

[OutdoorDad]

A stock price pullback is hardly shocking. Look at price performance for the category for the last 24 months.

 

[1775usmarine]

Since Obama has taken office didn't the stocks increase 900% the last 7rs?

 

[trucker777]

How about all those jobs that were created when he shut down all the coal powered power plants and coal mines? Or wait, um, huh?

 

[OutdoorDad]

Since Obama has taken office didn't the stocks increase 900% the last 7rs?

wouldnt shock me in the least.
I can only go back 2 yrs on my phone.