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View Full Version : Wall Street declares "game over" on gun control


tnlrat37
09-19-2013, 4:52 AM
http://http://www.marketwatch.com/story/stock-market-declares-game-over-on-gun-control-2013-09-18?siteid=yhoof2 (http://www.marketwatch.com/story/stock-market-declares-game-over-on-gun-control-2013-09-18?siteid=yhoof2)

Damn wish I would've invested in Ruger, stocks up 10x holy crap!!:eek:

BluNorthern
09-19-2013, 5:19 AM
From the article...

"the tinfoil-hat brigade rushed out to stock up on guns." Nice. :rolleyes:

"People with guns kill about 30 people (other than themselves) every day in America. The figure for drunken drivers is about 10 people" I don't believe it.

Ubermcoupe
09-19-2013, 5:23 AM
In all fairness the market in general has been rallying hard this week, up triple points yesterday alone.

Ruger’s 3+% is a bit surprising, but SW’s %+ is on par with the general market incline.

THT
09-19-2013, 6:13 AM
From the article...

"the tinfoil-hat brigade rushed out to stock up on guns." Nice. :rolleyes:

"People with guns kill about 30 people (other than themselves) every day in America. The figure for drunken drivers is about 10 people" I don't believe it.

The last UCR showed about 9K deaths by firearms in the US in 2012 so 30 per day is technically accurate however if you parse the data further, half of those are gang-related. It's a crime problem, not a gun problem.

sl0re10
09-19-2013, 6:32 AM
From the article...

"the tinfoil-hat brigade rushed out to stock up on guns." Nice. :rolleyes:

"People with guns kill about 30 people (other than themselves) every day in America. The figure for drunken drivers is about 10 people" I don't believe it.

Yeah; and should we count people with illegal guns? Because if they're already illegal... how would spreading laws around that didn't work help?

sl0re10
09-19-2013, 6:34 AM
The last UCR showed about 9K deaths by firearms in the US in 2012 so 30 per day is technically accurate however if you parse the data further, half of those are gang-related. It's a crime problem, not a gun problem.

and then there are suicides.

sl0re10
09-19-2013, 6:36 AM
From the article...
"the tinfoil-hat brigade rushed out to stock up on guns." Nice. :rolleyes:


Clearly the ones in California were nuts.... considering 374....

cdtx2001
09-19-2013, 6:52 AM
A buddy of mine at work asked me 4 years ago what stocks to invest in when it came to firearms. Sturm-Ruger was one I suggested. He thanks me everyday for that advice.

speedrrracer
09-19-2013, 7:35 AM
From the article...

"People with guns kill about 30 people (other than themselves) every day in America. The figure for drunken drivers is about 10 people" I don't believe it.

You shouldn't.

The National Highway Traffic Safety Administration (NHTSA) released new data today showing 9,878 drunk driving fatalities in 2011. As a result, MADD is celebrating an historic milestone in the nationís fight against drunk driving: the first time drunk driving fatalities have fallen below 10,000.
Not only did the number of people killed in drunk driving crashes in 2011 (9,878) drop by 2.5 percent from the number killed in 2010 (10,136), but this decline outpaced the 1.9 percent decrease in overall highway deaths. - See more at: http://www.madd.org/blog/2012/december/drunk-driving-fatalities-fall.html#sthash.qzRcawaq.dpuf


I don't know if the NHTSA data is any good, but if they're right, and there were 9878 fatalities in 2011, that's about 27 per day.

A-J
09-19-2013, 7:36 AM
At least the author said "People with guns kill" and not "Guns kill"

ja308
09-19-2013, 7:37 AM
This has to be a new low for the WSJ .
To allow a writer so devoid of any knowledge and honesty to publish such mindless drivel .
As copied
Despite the news coverage, events like Monday’s aren’t really so remarkable. People with guns kill about 30 people (other than themselves) every day in America. The figure for drunken drivers is about 10 people. Yet investors on Wall Street are betting that, despite all the hand-wringing and pious talk, no one will do anything. They are probably right.

So every cop killing an armed assailant or every case of citizens protecting themselves against the very worst of society is considered by this writer as something DC should "do something about" .

10900 gun deaths per year in a nation of nearly 400,000,000 is hardly a problem
epecially since folks have elevated a national media that's promotes, glamourises and gives auspices to the most degrading of behaviors, completely devoid of human emotions and compassion!

As for Ruger stock, they are obviously a well run innovative company that places a value on shareholder equity !

Mulay El Raisuli
09-19-2013, 7:57 AM
http://http://www.marketwatch.com/story/stock-market-declares-game-over-on-gun-control-2013-09-18?siteid=yhoof2 (http://www.marketwatch.com/story/stock-market-declares-game-over-on-gun-control-2013-09-18?siteid=yhoof2)

Damn wish I would've invested in Ruger, stocks up 10x holy crap!!:eek:


In spite of everything wrong with this writer (and his "opinion"), this is good news.


The Raisuli