Ruger and Smith & Wesson are going to feel the heat from Wall Street

drypowder

drypowder

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As if these companies didn't have enough trouble dealing with the competition, now the left is pressuring institutional investors to not invest in these companies.

If pension funds and other institutional investors dump their RGR and AOBC shares, it could be a buying opportunity for other investors who are either pro-2A or who don't care about 2A and are only pro-money.

Amazingly, this public pressure even has Blackrock, which manages some of the largest ETFs, saying it will talk to Ruger, S&W and Vista about how they can be "socially responsible". Good grief. If gun owners feel like the products or practices are caving to the antis, they will buy private manufacturers' products instead. RGR, AOBC are VSTO are caught between a rock and a hard place.
 
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i just can't imagine who'd want to buy a consumer-facing firearms manufacturer today.
 
drypowder said:
As a reminder, Amazon has their Amazon Smile program which lets you support a cause (if said cause is listed on Amazon Smile). The NRA Civil Rights Defense Fund is a listed cause. Using Amazon Smile doesn't cost you anything and a small portion of the sales goes to the cause.

https://smile.amazon.com
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Just changed mine but liked this one better

NRA Freedom Action Foundation
Location: Fairfax, VA | Year Founded: 2008
Mission: To educate Americans with respect to their individual rights as citizens, with particular emphasis on the Second Amendment to the Constitution of the United States.

Programs: Nonpartisan voter research, education, outreach, and registration
 
Why support the organization that is putting out legislation to ban any "rate increasing device" - not bump stocks, or binary triggers - ANY R.I.D. (trigger, muzzle brake, etc)

I'll pass. send my money to GoA or something.
 
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CA Teachers fund did the same thing to Cerberus after Sandy Hook. There were plenty of other investors to fill the hole that did not mind as long as they got their dividend checks. Just a feel good knee jerk reaction.
 
meh. Those ETFs aren't individual stocks, so they can't dump them like they would be if they were large shareholders of a single stock. Ruger, Vista, etc they'll be alright esp if they keep beating the 'ban hammer' drum.
Firearms sales rise briskly during election years with this crap going on. Just wait til Fudds think they won't be able to buy their Ruger Mini 14 anymore since it will invitably be effected with sweeping semi-auto regulations.
 
Geerubb said:
Why support the organization that is putting out legislation to ban any "rate increasing device" - not bump stocks, or binary triggers - ANY R.I.D. (trigger, muzzle brake, etc)

I'll pass. send my money to GoA or something.
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There are a lot of things I don't like about the NRA and they do things I don't agree with. At the end of the day, they are still a force the librul said fear and hate and the politicos don't want to run afoul of.
 
Diablos said:
Time to buy some stock
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It seems to me that Ruger has the stronger track record, and their stock has already recovered. There are enough folks that know there will be no real changes that the stock will get some lift probably through midterm elections.

My mother taught me that if I don’t have something nice to say, that I shouldn’t say anything...so I won’t say anything about any other company in the space.
 
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Ikarus1 said:
meh. Those ETFs aren't individual stocks, so they can't dump them like they would be if they were large shareholders of a single stock.
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Right. What the SJWs in the investing world are doing is pressuring companies who design indices to create indices that exclude RGR, AOBC, VSTO. Then pressure investors to track those indices instead of the older indices.

It's a tough fight, but we've seen the most SJW-susceptible institutional investors (namely, state and local government pension funds) avoid investments in disfavored companies before. It sucks for the pensioners because the SJW contingent basically pushes them out of stocks that may perform well.

Ultimately, most investors won't give a flying turd about SJW squawking and will buy gun stocks if they perceive there is opportunity.
 
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JimB said:
It seems to me that Ruger has the stronger track record, and their stock has already recovered. There are enough folks that know there will be no real changes that the stock will get some lift probably through midterm elections.

My mother taught me that if I don’t have something nice to say, that I shouldn’t say anything...so I won’t say anything about any other company in the space.
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Not only that but remember, Ruger has no debt and 63 million dollars in cash. Remington is in bankruptcy and I fully expect there may be some opportunities for Ruger in the very near future.
I could certainly see them as being interested in certain Remington assets.




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ncav8tor said:
Not only that but remember, Ruger has no debt and 63 million dollars in cash. Remington is in bankruptcy and I fully expect there may be some opportunities for Ruger in the very near future.
I could certainly see them as being interested in certain Remington assets.




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Interesting that Ruger’s Mayodan plant is so close to Remington’s HQ.
 
noway2 said:
There are a lot of things I don't like about the NRA and they do things I don't agree with. At the end of the day, they are still a force the librul said fear and hate and the politicos don't want to run afoul of.
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Unfortunately they might not be for long as we get a glimpse of one of the ways they will neuter the NRA:
drypowder said:
First National Bank of Omaha discontinuing its NRA-branded credit card.

Enterprise Rent-A-Car ended NRA member discount.
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drypowder said:
And Hertz has done the same.
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drypowder said:
Chubb is no longer underwriting NRA insurance policy; they said this is a decision they came to a few months ago.
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drypowder said:
And now Avis.
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Along with the gov-schooled, MSM-influenced useful idiots wave of anti-gun hysteria.

I'm afraid this is just a glimpse of what these billionaire, elitist, globalist psychopaths are going to do.

You can see this with Trump too. Anytime you see one of his councils "disband" you know most, if not all the people were "coerced" into quitting. And if they don't quit, they are attacked.
 
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Many fund managers or corporate CEOs will get a couple people complain about their ties to groups or individuals and immediately begin crisis management. It’s always severe overreaction but it’s another step to guard a brand that usually has more power than the president.

I don’t use tied discounts to other entities when I make travel plans. They training has been internally completed to offer high rates before adding up all the discounts.
 
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