Trick or treating is done and I decked out the house with all sort of ghoulish trinkets mainly for my own self-aggrandizement. On the issue of politics and policy, I think it’s important to look at cause and effect when trying to assess stocks.
For example, Obama was the single best President for gun stocks ever. Why? Because of the false assumption that he was going to ‘take away your guns.’ This promoted 2nd amendment fags in the worst of ways, boosting sales to idiotic levels. Has it ever dawned on you that these knee jerk reactions are being caused by design?
For example, is it surprising to see alt-right loonies commingle with white nationalists, given the neo-liberal media and the non-stop badgering of ‘white males?’ Perhaps ‘they’ are trying to stoke the ‘white males’ in this country to do something, like elect Trump and truly take away your guns when you least expect it. Or, given the grotesque media bias against Trump, maybe he’ll push for the ‘fairness doctrine’ to be reimplemented. I’ve heard plenty of shills discuss this and it would be disastrous for free speech and true information.
After the close of trade today, shares of RGR plunged — because they missed earnings — because Obama is no longer menacing over you trying to take away your fucking guns.
Reports Q3 (Sep) earnings of $0.53 per share, $0.07 worse than the two analyst estimate of $0.60; revenues fell 35.1% year/year to $104.8 mln vs the $126.2 mln two analyst estimate.
The Company also announced today that its Board of Directors declared a dividend of 21¢ per share for the third quarter for stockholders of record as of November 15, 2017, payable on November 30, 2017. This dividend varies every quarter because the Company pays a percentage of earnings rather than a fixed amount per share. This dividend is approximately 40% of net income.
And here’s how RGR faired during the Gun Devil’s administration.
I suspect many media companies are be8ng saved by tge Trump Presidency.
MSNBC? NYTimes?
Precisely. As you calls them out for being fake, shares of NYT soar.
It all goes in cycles. There was a pent up demand for guns on the right and Obama was the trigger. Demand saturation followed. Prices will come down and demand will pick up again. This time the faggy gender confused millennial snowflakes trying to bring on red hot marxist revolution will take up the slack in demand for guns. Cycles Jerry, cycles.
Why would there be pent up demand? Was there something stopping them from buying the guns they demanded before Obama? What was it? The lower prices?
Preference and choice regression which affects core benefits. For example, one may recognize he wants/needs/desires a new gun but chooses to buy larger teevee at the moment….until faced w/ immediate and more urgent impulse, i.e. Obama, so he runs out and gets a new gun since that decision was already made in the past. No more decision making – pent up demand.
I don’t think of a change in perceived scarcity with “pent up demand”. Usually pent up demand refers to the rush of spending that follows after a recession/depression when people were saving their pennies for rainy days and have realized the sun is out.
I hope we are not into splitting hair here. Buyers simply delay making purchases …. Please I noted “cycles jerry, cycles” in my initial post:
https://tinyurl.com/y8rrst4c
Hahaha le fly is now a sassy conspiracy theorist.
There isn’t a conspiracy here. This is plain and cut to the bone.
Mr. T is not taking anyones rocket launchers
Mr. T is now in the plumbing business
http://static.neatorama.com/images/2011-11/a-team-plumber.jpg
I asked you a god dames question about beer.
I wish Pre-86 machine guns would come down a bit.
Yeah, bash and ban bitcoin, and guess what happens, eh?
Agree that demand has tanked. Was in a Dunham’s today buying the kids winter coats ($UAA) and walked past the gun counter – lots of pistols and rifles on sale. I bought a Smith & Wesson early this year that was heavily rebated/discounted.
You is not a true playa until you has a .357 magnum 5 inch barrel double action trigger with parkerized finish. Hold it in your hand. Feel the girth.
IBankZeroHedgeCoin
Fuck this horseshit. Home Depot is renting vehicles to terrorists. That is a fact. From Ubuckfuckistan.
Happy Pedoween with the all too common Muzzie kicker. Sorry boys but you can handle the truth. Right?
Great piece.
BTW. Now that Bitcoin Futures will officially be trading soon causing NYC ETFs to flourish, how does this effect your bitcoin thesis?
BITCOIN GOES HIGHER, NOW WITH BUTT TONNES OF LEVERAGE