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Sturm, Ruger & Co. Inc. Message Board

  • barkingdog78 barkingdog78 Feb 6, 2013 6:05 PM Flag

    Why the "bubble" experts are wrong

    Expert: "There has been a buying surge that will show up in profits, but it won't be sustained," said Michael Farr, president of Farr Miller & Washington, an advisory firm. "The demand increase has been pulled forward because of the threat of legislative action." As a result, sales may slow going forward. This means a likely rally on anticipation of strong quarterly results in the near term, but a temporary one, Mr. Farr said.

    Here's what he is missing: A lot of people don't know anything about guns now ... and they don't own one. Now they want one, but you don't just start shooting ... it's like learning to drive. There is a waiting list to sign up for training. Once people learn how to shoot, they will want to trade in their starter gun on a new, bigger gun. Then once they feel comfortable with a gun in the night drawer, they will want one to carry. Then once they learn more about firearms, they will want a shotgun for home protection. This could go on a lot longer than anticipated by the so-called experts.

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