24/7 Wall Street, an investment website, has news on the incredible, practically vertical rise of gun stocks over the past few years:
Records were set in annual units produced by Smith & Wesson and on annual cash generated. S&W said that these results are driven by strong sales of M&P polymer pistols and M&P modern sporting rifles.
The S&W earnings report is full of more “record-setting events” by the gun-maker that were just impossible to ignore. The fourth quarter saw a record at $129.8 million and the company posted a record earnings of $17.8 million for its fiscal year with another record of earnings from operations of $17.8 million.
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10 comments:
Is this supposed to be a good thing?
See....Obama's policies are helping the economy after all. Well, part of it.
after this healthcare bill, people fear if obama gets re-elected, he's coming after our guns next.
Yes, this will prove to be a good thing.
Now that obamie has insured that we all have guns , just try and take them away.
Join ole Nugent and win back America.
Make sure you aim , don't just shoot random shots.
And WHAT, exactly, has Obama signed into law concerning guns? Oh, that's right, concealed carry into federal parks, which W wouldn't even sign.
Join Nugent!!? Nugent is a coward and will always be a coward.
2:26
He won't do it...what he will try to do is get the UN to do it.
341-Obama also supported the ban in Chicago. That's worked out aces.
I guess old hussien is good for something after all.
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