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| Re: Owner of Remington can't find a buyer (1288676) | |||
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Re: Owner of Remington can't find a buyer |
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Posted by Dave on Sat May 16 10:40:41 2015, in response to Re: Owner of Remington can't find a buyer, posted by bingbong on Sat May 16 09:56:18 2015. As usual, you have no idea what you're talking about.Is the buying frenzy of 2012-2013 over? Yes. But the more likely a Hillary Clinton victory looks, the more advance ‘fear buying’ will recur. Demand for ammunition is still unbelievably strong. Investment funds are not "drying up fast" for publicly traded gun and ammunition manufacturers. Of the three publicly trade gun and ammunition manufacturers, Smith & Wesson and Sturm Ruger have about 71% of their stock held by institutional investors. Olin has almost 90% of its stock held by institutional investors. These stocks pulled back last year but have recovered nicely this year. |
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