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Time To Invest In Firearms & Ammo Related Stocks - I Think So

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    Time To Invest In Firearms & Ammo Related Stocks - I Think So

    I last used my TD Ameritrade account back in May 2018 when I withdrew all my funds from it. Last week, I thought of making a deposit to that account but only got around to putting some cash into the account late last night. The funds will not be completely available until the 16th but some, for limited trading, will be available on the 13th. Shame on me for waiting so long because had I done it when I thought of it last week, the funds wold have been available today and now is the time - I think - to buy stock in corporations that control firearms and ammo manufacturers.

    One of these stocks in particular, VSTO, is at an all time low; in fact - three years ago, it was trading at about 7.5 times more than its last closing price. I intend to invest a decent amount in it because I am going to gamble that sometime before the election in 202o such stocks will take off like a bullet (a silver one at that). I just hope it stays low until, or maybe even goes lower by, the time my funds become available. Another, OLN, is also considerably lower than its high within the past three years. The high for it was just above double what it last closed at. I will also be investing in that one.

    This time around, I am going to do something I did not do the last three or so times I bought stock - I am going to invest in it for the long term or until they do so well that I would have to be an idiot not to take the profit and run. Of course, they may not do well within the time frame I am guessing they will rise but then I will just keep them until they do well or until they fall flat and are worthless. My guess is though as the election draws closer, they will both be climbing in value.
    Retired and loving it.

    #2
    https://seekingalpha.com/article/428...pleasure-right
    "The only difference between a rut and a grave is the depth."

    Comment


      #3
      Why would you invest in companies who are about to get hit by a slew of new legislation?

      Comment


        #4
        Originally posted by -vanguard- View Post
        Why would you invest in companies who are about to get hit by a slew of new legislation?
        Because their sales will soon be going through the roof.

        However, he'd better sell before Trump wins again...

        Comment


          #5
          Originally posted by Range Time View Post

          Because their sales will soon be going through the roof.

          However, he'd better sell before Trump wins again...
          Why? Trump's the one pushing gun control.

          Comment


            #6
            Originally posted by Mosin1942 View Post

            Why? Trump's the one pushing gun control.
            Because even the worst Republican on guns, which Trump is not (just look at the three from Ohio), is far better for our rights than the best Democrat.

            ...but yes, I hate Trump for pandering to the masses or not being a true 2A supporter, unless he's playing some long game, which he has done before (although not with bump-stocks).

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              #7
              While the impending gun sales boom seems like a "sure thing", the last time I invested in a sure thing I was eating Cup-O'-Noodles for breakfast, lunch and dinner for a year.

              While not nearly the Pfizer/Viagra quadruple splitting investment, I'll stick to investing in classic firearms that won't ever lose their value and will most probably go up. Some way up. Not talkin' cheapo American made AK's or 'just another' AR15 or KelTec plastic. This way, you invest, can actually physically enjoy what you bought, and will make a profit down the road if you sell. Or, pass it down and the investment just keeps accumulating. I've doubled/tripled/quadrupled my investment in many of my firearms (and, of course, many others I bought knowing their value would never increase).

              I know a couple of guys who make quite a bit of spare change as a side/retirement business, buying and selling antique Colts and Winchesters.
              No Better Friend, No Worse Enemy

              - U.S. Marines

              Comment


                #8
                Originally posted by Range Time View Post

                Because even the worst Republican on guns, which Trump is not (just look at the three from Ohio), is far better for our rights than the best Democrat.
                ​"Stockholm syndrome is a condition which causes hostages to develop a psychological alliance with their captors during captivity."

                Trump pushed the bump stock ban.

                Trump is pushing "red flag" laws.

                Trump is looking at universal background checks.

                Trump said "take the guns first, due process second."


                Trump is passing more gun control than Obama did. Trump is not your ally. He doesn't care about your rights.

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                  #9
                  I think you missed the boat for Ruger. S&W may be a good buy since it’s down. I bought them when Obama got elected and sold them for a good profit.
                  Pat ------> NRA Endowment Member

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                    #10
                    Boy am I glad I dont get my investment advice from the gun club lol

                    if you are buying for a bounce, make sure you are shorting the stocks in the 18-24mo range, that is where you will see gains.

                    Investing is a marathon, not a sprint.

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                      #11
                      Always remember when trading , Bulls make money, Bears make money and pigs get slaughtered !

                      Comment


                        #12
                        Originally posted by Dank27 View Post
                        Boy am I glad I dont get my investment advice from the gun club lol

                        if you are buying for a bounce, make sure you are shorting the stocks in the 18-24mo range, that is where you will see gains.

                        Investing is a marathon, not a sprint.
                        ^^^^^^^^^^^^^^^^^THAT^^^^^^^^^^^

                        Comment


                          #13
                          Feed the Panic Fears

                          Comment


                            #14
                            Originally posted by Whitefoot View Post
                            Always remember when trading , Bulls make money, Bears make money and pigs get slaughtered !
                            Thanks Gordon Gecko 🦎 a la Wall Street 2

                            Comment


                              #15
                              It's Vegas rules, never bet more than your willing to lose. There is nothing more rigged in this country than the stock market.

                              Comment

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