HIGHER

The Obama gun control announcement was a complete non-issue for gun manufacturers. The Executive Orders, the only part of this that I ever feared, was stuffed full of common sense, passive actions that no one was objecting to in the first place.

And Obama acknowledged (which is always half the battle with him) that any attempt to restrict magazine capacity or ban “assault weapons” (read “any gun that looks scary”) must start in the Legislature.

Reid and Boehner are just FIGHTING with each other over who gets to start that process…

Oh, wait no they’re both punting.

Meanwhile, Obama’s actions, surrounding himself with children like a 20th century totalitarian on crack, before announcing this set of soft measures, have fired up the gun owners and political operatives who haven’t quite worked out yet that this isn’t a big deal.

The gun buying craze, which is pre-empting future government action that probably isn’t coming, will run voraciously until it exhausts itself. And ironically, a push to try and reign in weapons will have inadvertently put a lot more of them into circulation.

On a pullback, I will consider adding back RGR to my portfolio. By this time next year, it will be making new highs.

Alright, level headed, there’s no sense for me to gamble here, betting that Obama (the stealer of Hope & Change politics, and reelected on a message of “Mitt Romney Is A Dick”) is not an extortionist.

I’m up 20% in less than a month. Time to take the gains.

I expect Obama has very little chance of passing any direct laws barring gun ownership of any variety. But using executive orders, he can still harrass the manufacturers endlessly – federal agents and our outrageous tax code can be at least as stifling to business as the mob.

Make no mistake, I expect RGR to go higher from here.

But the other thing I know is – no good comes from political slime surrounding themselves with children.

I have to commend the gun-reformists on making me and the rest of the “child murderers” rich as fuck. RGR is now well above +20% gains from my bottom-ticking buy in December.

I can only lay the gratitude for this bounty at the feet of Obama, Biden, Piers Morgan, and the city of Chicago. Thanks to their obnoxious paternalism and almost knee jerk grab for the most childishly simplistic solution available, tens of millions of people can’t order firearms fast enough.

This is Chik-fil-A all over again. Those of us who absolutely love pointless rules, poorly worded laws, long discussions to nowhere, and big “cozy feeling” bodies of public aid workers (especially if they have flashy titles) are just determined to “punish” the rest of us with blessings of blow out, “never-been-this-profitable-before” quarters.

I am obliged to accept these “punishments”. Please, “punish” all of my stocks with record sales. For surely I deserve it…

Biden is currently in negotiations with that dreaded lobby group the NRA – which is most definitely not “grassroots”, nor does it represent anyone (perhaps with the one little exception of at least 30 million of the 60+ million gun owners in this country).

Meanwhile, the most recent Gallop poll shows a majority of Americans *shock* still don’t support the assault weapons ban. That’s probably just from the fact that anyone with 5 minutes of free time and an Ethernet connection can conduct enough research to convince themselves that the last one accomplished nothing.

I’m sure such inconveniences will easily be bridged by our hard working, “much much smarter than you”, US press corps – diligently glossing over any story that doesn’t strictly conform to the favored New York City message (don’t own guns, just use the money from your NYSE to hire 35,000 armed police…)

Meanwhile, I wait with anticipation for the next Piers Morgan interview. I’m told this time they intend to drag in an 11 year old girl with tourettes, the tire from an ’04 Stratus, and some road kill for him to show off his amazing debate skills on, in real time of course.

Go get ‘em, Piers…

Long tendrils of smoke curl around the knuckles of my left hand, wafting as they stretch into the air. The wisps tangle in my goatee, until the force of my arm moving causes them to disperse with abruptness, bringing the cigar to clasp between my lips.

Leaning back in my chair, with one leg draped over the other, my right arm is stretched off to the side; my hand resting on a keyboard, the index finger of which occasionally, thoughtlessly strokes the Enter key, refreshing the screen I’m not really looking at, out of the corner of my eye. I draw deeply from the cigar, sending rose color spattering across the walls.

It’s over and I’ve won.

Another buck o’ five, and I will be up 20% on my Sturm, Ruger & Co position in one month. The stock is digesting now, but soon, it will run even higher.

Illinois’ latest effort to infringe on the rights of gun owners was checked late last night. Not even in Illinois, the heart of gun hating, paternalistic, authoritarian pansies, can they successfully check the gun lobbies. That’s probably because no matter how frequently or frantically the network heads deny it, the gun lobbies are about as grassroots and motivated as you can get.

Today is the first day of Congress, and so far Diane Feinstein is nowhere to be found. Go on, introduce your little bill, wretch. For it goes to its long slumber in the halls of the House.

I bet you must feel stupid. You gave in to the panic, checking your mind at the door. You let emotional arguments overpower you, and now, you’ll see the world hasn’t changed in the slightest from November, before that incident.

Guns are not going anywhere. And now I have your money too.

AEC and CLP are ramping.

BAS is ramping.

RGR is making the turn.

Alright, so silver is getting crushed. But I can live with that. It’s a buying opportunity if I’ve ever seen one.

My Christmas rally is here. Santa Clause has delivered.

Ho Ho Ho

Seriously, shut up about the damn Mayans already. Last I checked, they were a culture of people so ‘advanced’ they were enslaved by the first people to interact with them that possessed gun powder.

Didn’t see that one coming, did they?

Here’s the only thing you need know about tomorrow. Tomorrow will look much like today. I’ll be lounging in a chair in my 9th floor office, getting rich as hell taking the stocks you are selling so terrified.

“The US is gone.” “Deepwater drilling is done.” “Nuclear energy is over.” “Iran is gonna destroy trade.” “Guns will be banished.” “The world is ending.”

Jesus Christ…shut the fuck up already.

Do you realize my brand new RGR position is up 12% in two days?

How is that fair? But it’s all possible because you squeamish clowns can’t hold your composure.

Get a grip already.