Econ Gun stocks
- Thread starter DoglegArms
- Start date
Excuse my ignorance never heard of Olin, who are they?
For the people who understand the stock market, are gun manufacturers safe, unsafe, or could go either way?
I see it as they could be great whenever there is a scare and their sales jump, but potentially could plummet depending on what laws are passed. Is that accurate?
For the people who understand the stock market, are gun manufacturers safe, unsafe, or could go either way?
I see it as they could be great whenever there is a scare and their sales jump, but potentially could plummet depending on what laws are passed. Is that accurate?
Pretty much the largest ammo manufacturer in the country. Look at any box of american ammo you have, chances are it will say Olin on it.
Thank you, I have never paid that much attention to ammo manufacturers. That is good to know though. I've been tossing around the idea of getting into some stocks mostly as a way to learn how it all works and guns are about the only market I follow close enough to make reasonable choices. Maybe I'll try and pick up some shares of each.
It depends on the company. Things I'd look at are their dividend rate, cash on hand, leadership, historical trading range, effect of possible legislation on cash flow, dependence on gov contracts, etc.
That's kinda why I'm thinking of buying some gun company stocks. I have a better understanding of the gun industry then I do about oil or pigs or technology.
I'd love if there were a website that you could fake buy stocks to see how you would do and learn how to follow the market. I have a 401k but I leave it alone, I'd like a better understanding of the stock market but don't have enough spare cash to invest much and I learn better by doing rather than just reading.
Just paper trade for a while. Pick some stocks, set a budget, and "buy" them at their current value simply by writing the share price and number of shares on paper.
Do a little reading on market indicators like MACD and RSI's, learn how they work and use them as an intro into learning about market movements.
Zero risk.
Been watching SWHC for the past 2 weeks... decided to finally jump on board. Bought 20 shares. See what it does now. I have a reverse Midas Touch when it comes to stocks....
Just keep a close eye on it. There's a bit of momentum, but......................
Olin produces all of the Winchester ammo out there and has for decades, even before Western ammo was labeled Winchester. My dad said back in the 60's/70's they had a Nilo Plantation in South GA where all the big wigs of Winchester and Olin would go to hunt quail and other game. Olin also owned Winchester Arms for a while. Winchester has been passed around like a frat house whore; hasn't been owned by the Winchester family since the 1930's. Browning, Olin, FNH, etc...
That doesn't mean anything. All that matters is how it's done when you sell. Remember that.
No, now don't say that. You'll set yourself up for failure. Just figure out how long you want to stay in S&W, and watch the appropriate charts. You'll do just fine.
Damn man, you popped my bubble. I thought you were carrying gun stocks now. Asshole. LOL