VA gun sales decline

silentdynasty · Jan 23, 2018

I was not surprised when I saw this. Hope it’ll the sales for firearms goes back up. Not sure if there is some link that validates this piece. Any thoughts ? Found this piece on the metro express newspaper for today.

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Cal68 · Jan 23, 2018

I cannot speak for others but I know that I spent a good chunk of change purchasing firearms in 2016 because I was not sure if I would be able to buy them in 2017. I therefore did not purchase any last year.

Cal68

Yoshi · Jan 23, 2018

The panic-buying has slowed and the market is normalizing. People are still buying guns and the market is still growing. Just not as fast as it was.

tallen702 · Jan 23, 2018

Yep, hangover, but not from Barry-O. Once DJT was elected, a lot of fears and stockpiling went out the window.

Doctor_M · Jan 23, 2018

Much to the dismay of my better half, I have not lessened my pace. What the heck, it makes me happy.

Biggfoot44 · Jan 23, 2018

Smaller cyclical drop than I would have expected.

jjsat · Jan 23, 2018

Yoshi said:
The panic-buying has slowed and the market is normalizing. People are still buying guns and the market is still growing. Just not as fast as it was.

I agree.

Schipperke · Jan 23, 2018

Yoshi said:
The panic-buying has slowed and the market is normalizing. People are still buying guns and the market is still growing. Just not as fast as it was.

Is that what 3.5% sales decline indicate, a growing market?

Dec 8, 2017 - The company that owns gun maker Smith & Wesson got hammered by investors Friday after it revealed its earnings plunged 90 percent in the most recent quarter. ...

Ruger was down >55% 3Q of 2017

Naturally now we have Trump, less panic buying. Sales were hit last summer and haven't you noticed some handguns going for half what they did a couple years ago? That is not a sign of a growing market. Some nice quality 9mm offereings getting down to Hi-Point prices.

Smith & Wesson, June 2017 high, right edge today;

Biggfoot44 · Jan 23, 2018

Cool ! Time to BUY S&W stock .

**********

Seriously , the gun mfg biz is always cyclical. 3.5% is smaller than the usual swings . While the wholesale panic buying is done across the board , the gun sales beating the spread might well reflect a larger pie , swelled by relatively new gun owners modestly increasing their herds beyond their initial panic purchases . And the spread of permitless carry states may also be beating the spread on defensive handgun sales .

WeaponsCollector · Jan 23, 2018

On the other hand I'm pretty sure more 80% lowers and parts are being sold.

Schipperke · Jan 23, 2018

The Republicans had a fantastic opportunity to juice up the market if they'd pass the suppressor Bill. It's totally anecdotal, but last two times I've been at Dulles Gun show I'm hearing big vendors lament to each other of dying traffic in early afternoon hours. The shows new gun prices , look more to snag compulsive newer buyers and it's rare you see people on MDS buying new handguns or rifles at gun shows these days.

EL1227 · Jan 23, 2018

Yeppers ...

Yoshi said:
The panic-buying has slowed and the market is normalizing. People are still buying guns and the market is still growing. Just not as fast as it was.

Firearms stock market is picking back up, but way off the 2016 mark spurred on by fears of a Hildebeast presidency. :ohnoes:

RealMoney, Apr 08, 2016 -
Vice Squad: 'Banner Year' Expected for Gun Stocks; Sturm Ruger Leads Charge

Ruger (RGR) has held up well since then, while S&W (AOBC) and Remington (VSTO) have some catching up to match 2016 levels. Gauging by today's market for those 3 gun maker's stocks, there is plenty of opportunity for investment. It's a good time to buy ... stock AND guns, as prices are low on both.

DubTap21 · Jan 23, 2018

EL1227 said:
Firearms stock market is picking back up, but way off the 2016 mark spurred on by fears of a Hildebeast presidency.

RealMoney, Apr 08, 2016 -
Vice Squad: 'Banner Year' Expected for Gun Stocks; Sturm Ruger Leads Charge

Ruger (RGR) has held up well since then, while S&W (AOBC) and Remington (VSTO) have some catching up to match 2016 levels. Gauging by today's market for those 3 gun maker's stocks, there is plenty of opportunity for investment. It's a good time to buy ... stock AND guns, as prices are low on both.

This.

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gunismyfriend · Jan 23, 2018

silentdynasty said:
I was not surprised when I saw this. Hope it’ll the sales for firearms goes back up. Not sure if there is some link that validates this piece. Any thoughts ? Found this piece on the metro express newspaper for today.

To my untrained eyes, 3.5% is hardly a noticeable change in any direction.

DC-W · Jan 23, 2018

2017 was still the second highest amount of NICS checks ever in the US. That’s in a year with President Trump being in office for 336 days.

A recent study found that 40% of all purchases in CA are from new gun owners
https://www.ammoland.com/2018/01/ne...t-of-california-guns-purchased/#axzz54jg420qJ

And it’s now estimated that there are 412 Million privately owned firearms in the US.

davsco · Jan 23, 2018

a slight decline, given all the fear-buying with actual and possible democrat-controlled govt, is not unexpected.

the problem is, folks that own the 412 million firearms (using the number above, or whatever it is) need to get out and vote.

hazmatman · Jan 23, 2018

We all know why sales escalated and declined so rapidly...

VA gun sales decline

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