Fourth Largest Gun Maker In US Is Out Of Guns

Tyler Durden's picture




 

In a somewhat sad and shocking slap of reality to the face of our 'recovery' and 'freedom-based-debt-holdings', today's press-release-of-the-day (since we still haven't heard from BATS) goes to Sturm, Ruger (the 4th largest gun-maker in the US) who after receiving orders for over one million units in Q1 has temporarily suspended the acceptance of new orders.

 

Forget PCLN, CRM, NFLX, here's where the real action is!

RGR is up a whopping 571% from Nov 07 while the S&P 500 is down 3%...

 

Sturm, Ruger & Company, Inc. Reports Strong First Quarter Bookings

March 21, 2012

Sturm, Ruger & Company, Inc. (NYSE: RGR), announced today that for the first quarter 2012, the Company has received orders for more than one million units. Therefore, the Company has temporarily suspended the acceptance of new orders.

 

Chief Executive Officer Michael O. Fifer made the following comments:

 

The Company's Retailer Programs that were offered from January 1, 2012 through February 29, 2012 were very successful and generated significant orders from retailers to independent wholesale distributors for Ruger firearms.

 

Year-to-date, the independent wholesale distributors placed orders with the Company for more than one million Ruger firearms.


Despite the Company's continuing successful efforts to increase production rates, the incoming order rate exceeds our capacity to rapidly fulfill these orders. Consequently, the Company has temporarily suspended the acceptance of new orders.


The Company expects to resume the normal acceptance of orders by the end of May 2012.

The Company will announce its results and file its Quarterly Report on Form 10-Q for the first quarter of 2012 on Tuesday, May 1, 2012, after the close of the stock market.

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Fri, 03/23/2012 - 17:36 | 2285120 Seditious Blasphemer
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Hardware Bitchez

Fri, 03/23/2012 - 17:45 | 2285157 nmewn
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Green Shoots ;-)

Fri, 03/23/2012 - 19:42 | 2285559 Optimusprime
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That's a LOT of pennies!

Fri, 03/23/2012 - 19:53 | 2285585 nmewn
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lol...it's a bunch.

Better to have it and never need it, than to need it and not have it...or worse, can't have it at all ;-)

Sat, 03/24/2012 - 08:54 | 2286339 SWRichmond
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It was green, get it?

Fri, 03/23/2012 - 17:59 | 2285226 Jendrzejczyk
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Lead free ammo?

Fri, 03/23/2012 - 19:01 | 2285439 nmewn
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What would I do with my molds? ;-)

Been a long time since I reloaded. I got the dies, molds, furnace what not and an RCBS Rock Chucker. You can save a lot of money that way if you shoot a bunch and have time...which I did quite a bit in the past. You can make better ammunition than you can buy but the start up costs are pretty high. I know hunters that only use their own never store bought.

Hell, I have no idea if my powders good anymore (Unique, Red Dot etc.) probably be great for Fourth of July by now.

Use it or lose as they say...lol.

Fri, 03/23/2012 - 19:28 | 2285515 johnQpublic
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if you are careful and take the time home loads are surely more accurate

better groups

i ,however dont have the patience

Fri, 03/23/2012 - 19:48 | 2285574 nmewn
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Oh yeah...it takes time and attention to what you're doing or you can wind up in a real bad situation.

Back when I shot a lot, I was at the range with a GP100 and some of my reloads having a good ole time.

I shot and I didn't see it hit the target. Thinking I just missed it altogether I shot again. Both bullets "rolled" out of the barrel. I hadn't charged one...only a primer in one...and it lodged the first bullet in the barrel...with my second shot pushing both out.

Needless to say with a "weak" gun that could have been a bad scenario or fatal for me. 

I see others have other opinons of Ruger but I can say their revolvers, that one in particular (the GP100) saved me from being a Darwin Award Winner in spite of myself ;-)

Fri, 03/23/2012 - 20:52 | 2285688 Fedaykinx
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i reloaded quite a bit back in the day, and gave up on it for a while.  a few years ago i bought a nice progressive press and feel like i'm accomplishing something.  also the powder checker helps make sure i don't do what you did.  which i have done before, but caught it whent it happened.

Fri, 03/23/2012 - 21:42 | 2285759 nmewn
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I believe I recall RCBS came out with a "piggyback" for the venerable old RCBS about the time I stopped doing it...though I still have the manuals and equipment.

My error, I'm sure, was a mistake of distraction, which is something I was trying to get across to any novices who might think it's a cool thing to get into...which it definitely is. It involves many disciplines, chemistry, alloys, ballistics, precision, craftsmanship etc. as you know.

Self sufficiency, given availability of components, which leads to other interests.

A simple life experience to share with all as a note of caution for the young who might want to explore & experiment.

Dillon does make a pretty good one from what I understand.

Fri, 03/23/2012 - 23:47 | 2285944 Fedaykinx
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you're definitely right about the dangers of teaching yourself to do something like reloading ammunition, but it can be very rewarding hobby.    the worst thing i ever did was set off a stuck round trying to get it out.  luckily i had enough sense to go outside, but it still scared the bajebus out of me.  btw those dillons are expensive machines but they're probably worth the money if you shoot enough, i bought my used 5-stage hornady for a song and love it.

Fri, 03/23/2012 - 23:19 | 2285908 Cistercian
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When I was a boy I was at the range with my Dad.There was this guy who had shortened a SW 29 to a 2.5 inch snub gun.It was really obnoxiusly loud.One day it went Bang...but the bang was very high pitched.He had made a loading error....21 grains of Bullseye instead of IMR 2400.The top 3 rounds went off at the same time in the cylinder.It blew the barrel though the wall of the range,bent the topstrap incredibly, and blew half the cylinder away.Aside from minor cuts, the shooter was uninjured....and standing there in shock with the ruined gun in his hand.

 You were lucky, and yes, GP-100's are strong as hell.Very nice revolver!

Sat, 03/24/2012 - 01:58 | 2286084 Fedaykinx
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i've never seen some shit like that, probably a minor miracle he didn't put an eye out or cut some nerves or something.

Sat, 03/24/2012 - 16:11 | 2286993 Cistercian
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It was lucky he wasn't killed....it was a miracle.

Sat, 03/24/2012 - 01:25 | 2286057 Axenolith
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You can get a noticable reduction in grouping size on commercial ammo if you get a grain scale and separate and group the ammo by weight.

Fri, 03/23/2012 - 21:32 | 2285742 DCFusor
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Lately, I've been getting some real old components when some other reloader dies, and their family doesn't want the stuff.  In general, even really old smokeless still works fine - it might be a tiny bit faster or slower since even the same name sometimes gets reformulated now and then (Unique), but just be careful working up loads off it and its fine.

None of the inherited primers have been non functional, corrosive or not.  I'd bet any failures in loaded ammo are due to it having been wet at some time in its life, which you should be able to see before buying - boxes and brass will show that if it was bad enough.

 

Fri, 03/23/2012 - 22:06 | 2285790 nmewn
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Now you got my juices flowing ;-)

For the unintiated it should be pointed out we're talking about propellent (smokeless) not explosives. The terms have been bastardized by the MSM so we need stupid clarifications like these.

Thanks for the tip on Unique, I wanted to show my son how it all fits together start to finish...from de-priming, cleaning, sizing, priming, charging, seating and putting it down range. Sounds like a summer lesson.

I inherited some snap caps from an old guy who got me into it that you just prime. Those are fun. You can use them in your favorite revolver inside the house without having to repair the walls...lol.

Sat, 03/24/2012 - 01:05 | 2286037 Lednbrass
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That process is father-son time in my house, we do one round at a a time start to finish to avoid the sort of thing you mentioned above but its a good way to sit and chat while he learns something useful. Hoping to put together a couple boxes this weekend for his 30-30.

Sat, 03/24/2012 - 02:09 | 2286095 Fedaykinx
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i just can't do em one at a time anymore and feel like i wouldn't be better off making a bulk order, but i usually shoot hundreds of rounds a month, mostly pistol lately since that's what i need the most practice with.  i think if i had a kid i'd want him to learn to do it the way you're teaching him for sure.  killed my first deer with my grandad's old winchester, good times.

Sat, 03/24/2012 - 01:02 | 2286030 LFMayor
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about the only thing I've seen that kills primers is WD-40.  That stuff is like kryptonite to ammo.

Fri, 03/23/2012 - 17:48 | 2285177 HelluvaEngineer
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Bill Ruger.  Piece of shit.  Father of the 10rd magazine.  Now dead.

http://www.thegunzone.com/rkba/papabill.html

Fri, 03/23/2012 - 17:51 | 2285190 SWRichmond
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Agree.  I own nothing by Ruger and never ever will.  Fuck them.

Fri, 03/23/2012 - 18:20 | 2285310 MsCreant
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I took mine apart and could not put it back together again. Had to take it to a gunsmith. He couldn't do it! Had to take it to a cop's gunsmith. Got rid of it.

Fri, 03/23/2012 - 18:26 | 2285331 chunga
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AK field stripped = 4 parts.

Impossible to reassemble wrongly.

Fri, 03/23/2012 - 18:36 | 2285368 Agent P
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I didn't know they made a Humpty Dumpty model.

Fri, 03/23/2012 - 23:20 | 2285909 Frankie Carbone
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I own five Rugers and take them apart all the time. Tell me, was Johnny Black Label in the picture at the time? ;)

Seriously, what was the issue? 

Sat, 03/24/2012 - 01:00 | 2286028 MsCreant
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Frankie, see below. Never drunk with fire arms. Never. 

Sat, 03/24/2012 - 22:26 | 2287707 Frankie Carbone
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Miss Creant.  That was just good ole' fashioned ball busting. Yeah, you're a girl, but the metaphor still applies. :)

Fri, 03/23/2012 - 23:58 | 2285953 Calmyourself
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You took apart a Ruger .22 didn't you...  Buy a buckmark, keep your sanity..

Sat, 03/24/2012 - 00:26 | 2285992 Sabibaby
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put 1000 rounds through it before you clean it.

Sat, 03/24/2012 - 01:03 | 2286033 MsCreant
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It was my first fire arm. It is true, I only went to the range twice before I tried to follow the directions and clean it (maybe 500 rounds). At the time, I was told to be diligent and clean it after every time I went to the range. As it was, I had skipped a time.

Sat, 03/24/2012 - 01:04 | 2286023 MsCreant
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It was a .22. Too tight. My brain could track where it all should go according to the schematic, it just wouldn't. I'm a girl, it's true, but I'm not that bad. That the gunsmith at the gun store could not do it either (he had it for months) was very validating.

Sat, 03/24/2012 - 14:18 | 2286839 DosZap
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MsCreant

It was a .22. Too tight. My brain could track where it all should go according to the schematic, it just wouldn't. I'm a girl, it's true, but I'm not that bad. That the gunsmith at the gun store could not do it either (he had it for months) was very validating.

I knew exactly what Ruger you gave up on.

#1, a Ruger semi .22LR, has NO NEED to be taken apartfor cleaning until at least a 100,000k rounds............

Clean the barrel, and forget it.

Sat, 03/24/2012 - 22:54 | 2287737 UP Forester
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Could also get a Marlin/Glenfield Model 60, as long as it's older.  The new ones have too many plastic parts.

Fri, 03/23/2012 - 19:33 | 2285535 SilverRhino
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He's a shithead but his revolvers are better than S&W hands down.  

Fri, 03/23/2012 - 23:21 | 2285910 Frankie Carbone
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There's a reason why I own three Ruger revolvers and only one Smithy. Smith's aren't bad guns, in fact they're pretty good. But the come across as "cheap" when contrasted with a Ruger.  

Fri, 03/23/2012 - 23:33 | 2285923 Cistercian
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I only had one revolver.

 Old Model Super Blackhawk...Skeletonized hammer for better lock time,absolutely minimum cylinder/barrel clearance and an excellent trigger job and target sights.Too bad it was stolen from my car years ago.It was 3/4 of an inch at 50 yards...an old school bullseye gun.

 I sure do miss it.

Fri, 03/23/2012 - 17:37 | 2285121 Calmyourself
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Whatever would we need all those for?  Oh thats right, hunting is getting very popular in the U.S.  Brussells bank guy, I think we have you beat..

Fri, 03/23/2012 - 19:12 | 2285474 e_goldstein
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If the states were smart, they would start issuing Squid Tags.

Fri, 03/23/2012 - 17:38 | 2285131 countryboy42
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And this is why I am a gunsmith. 

Fri, 03/23/2012 - 17:39 | 2285132 css1971
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Bubble in guns?

Fri, 03/23/2012 - 17:39 | 2285133 dick cheneys ghost
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Life's a Bitch, Then you buy a Gun.............

Sat, 03/24/2012 - 17:30 | 2287128 Ima anal sphincter
Ima anal sphincter's picture

Life's a Bitch....Then you marry one...........

 

Glock: Tactical Tupperware - I know, but 5000+ rounds, no jam from day one.

Fri, 03/23/2012 - 17:39 | 2285135 Motley Fool
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The other three will have to take up the slack. I wonder how far away from full production capacity they are.

Fri, 03/23/2012 - 18:14 | 2285294 12ToothAssassin
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Kel-Tec (#3) has been at capacity for some time now. Ever try to get a Sub 2000 or a KSG?

Fri, 03/23/2012 - 18:23 | 2285317 Motley Fool
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Nope. Our gun laws are stupid.

But thank you for the information.

Fri, 03/23/2012 - 19:17 | 2285484 12ToothAssassin
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Sub2k and KSG are both Cali legal if done correctly. Little known fact. I can neither confirm nor deny how I know this.

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