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 - 19:00 | 2285438 GoldRulesPaperDrools
GoldRulesPaperDrools's picture

Actually, Remington is so busy making metallic (pistol and rifle) cartridges that you can't find a lot of small-gauge shotshell ammo for skeet and sporting clays.

But ask for .40s or .223 and those you can have. ;)

Fri, 03/23/2012 - 17:41 | 2285136 Motley Fool
Motley Fool's picture

.

Fri, 03/23/2012 - 18:32 | 2285355 Dr. Engali
Dr. Engali's picture

Excellent point!

Fri, 03/23/2012 - 17:40 | 2285138 spartan117
spartan117's picture

I'll start to worry when I see "Cash for Guns" stores popping up around town.

Fri, 03/23/2012 - 18:03 | 2285241 Clay Hill
Clay Hill's picture

Happiness is going to a gun buy-back in the hood and outbidding the police.

Fri, 03/23/2012 - 18:34 | 2285359 Dr. Engali
Dr. Engali's picture

+ 1 I never thought of doing that.

Fri, 03/23/2012 - 19:04 | 2285448 Clay Hill
Clay Hill's picture

Just don't be too conspicuous about it Doc, it is perfectly legal here in Fla., but still kind of frowned upon.

Fri, 03/23/2012 - 23:38 | 2285934 Monedas
Monedas's picture

Some of those weapons might have unsavory histories ? 

Sat, 03/24/2012 - 01:16 | 2286050 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

Yes, some may have been owned previously by government employees!

Sat, 03/24/2012 - 06:14 | 2286239 Clay Hill
Clay Hill's picture

First chuckle of the day! Thanks!

To Monedas' point, this is not legal in every State. Lucky for me Fla. has no restriction on unregistered sales between private citizens, but a bit of discretion goes a long way.

Fri, 03/23/2012 - 18:05 | 2285252 Long-John-Silver
Long-John-Silver's picture

All you need do is look in a Pawn Shop window for that sign.

Fri, 03/23/2012 - 20:32 | 2285651 Vlad Tepid
Fri, 03/23/2012 - 17:46 | 2285142 lolmao500
lolmao500's picture

Americans look stupid but they are certainly not. They know what's coming. Only the Obamabots think that everything is fixed and everything will be fine.

Also this is coming this summer : arms trade treaty...

http://www.examiner.com/gun-rights-in-national/researchers-predict-un-ar...

Fri, 03/23/2012 - 17:47 | 2285173 SWRichmond
SWRichmond's picture

I alternate between a) complete lack of confidence in my fellow Americans and b) hope that there is a growing realization of what's going on here.  I'm happy that people are buying guns, I hope they are also buying (a shitload of) ammo and becoming more than marginally proficient.

Sat, 03/24/2012 - 02:05 | 2286093 BidnessMan
BidnessMan's picture

My supplier of choice is Able Ammo.  "We shoot all we can, and we sell the rest."

Fri, 03/23/2012 - 17:54 | 2285196 Pseudo Anonym
Pseudo Anonym's picture

i'd still beg to differ with this:

Americans look stupid but they are certainly not.

it appears to be largely the us gubermint placing orders on behalf of their agencies; not ordinary individuals or retail

Fri, 03/23/2012 - 17:59 | 2285224 LongSoupLine
LongSoupLine's picture

 

 

yep, "Americans" are ordering Starbucks and bigger flat screens to watch Dancing with the Stars...

Fri, 03/23/2012 - 18:08 | 2285268 aerojet
aerojet's picture

I really don't think the .gov is buying a lot of Rugers.  Some prisons used to use the Mini-14 as well as NYPD, but what agencies use Ruger handguns?  The LCP and those little jam-o-matic carry guns are probably selling well...

Fri, 03/23/2012 - 18:33 | 2285358 xela2200
xela2200's picture

I was looking to get a glock a few months ago, and I could not find one G19 in Miami. All the gun brokers told me the same thing. ALL the guns are going to the police, so yeah many if not most of those guns are going to government entities or maybe across the border which is by now a battle field.

Fri, 03/23/2012 - 18:41 | 2285383 lolmao500
lolmao500's picture

That why there was record background checks in 2011... because cops need background checks when buying guns?? I don't think so.

Fri, 03/23/2012 - 18:57 | 2285423 Pseudo Anonym
Pseudo Anonym's picture

true:

That why there was record background checks in 2011...

but that doesnt tell you how many were turned down, rejected; or how many of those that were "approved" bought ruger

Fri, 03/23/2012 - 18:54 | 2285421 r00t61
r00t61's picture

The difference is that the Glock is one of the most commonly-used duty pistols in the world, supplying thousands of police departments, militaries, and related government agencies.  On the other hand, I can't think of a single agency that contracts with Ruger.

And you really shouldn't be having a problem finding a common weapon like a G19.  I see a bunch of them on gunbroker at the moment.

Fri, 03/23/2012 - 22:44 | 2285862 xela2200
xela2200's picture

Good point.

Sat, 03/24/2012 - 12:06 | 2286635 DosZap
DosZap's picture

Pseudo Anonym

it appears to be largely the us gubermint placing orders on behalf of their agencies; not ordinary individuals or retail

American Gub doesn't use Ruger products bro.

Fri, 03/23/2012 - 18:15 | 2285297 gwar5
gwar5's picture

Majority of Americans are just intentionally made to look stupid by the neo-slavetracker media propaganda in the "Don't-be-like-them" permanent campaign to keep the slaves on the plantation.

American polls indicate the vast majority support very rational policies and rule of law. 80% polled think that DC is corrupt and on the wrong track, so there is intelligent life out there. 89% think the media is in the tank for Owebama -- we would like to know exactly who the other 11% are.   

 

 

Fri, 03/23/2012 - 18:37 | 2285364 xela2200
xela2200's picture

Americans are sharp as a tack that is why Ron Paul will be the next president and gold is above $2,000.

Fri, 03/23/2012 - 23:45 | 2285942 Monedas
Monedas's picture

Mark Steyn said 80% of Americans want the Keystone pipeline to be built asap ! Putin only got 60% cheating like hell ! I see a little wisdom in the heartland !

Fri, 03/23/2012 - 18:16 | 2285300 General Decline
General Decline's picture

I hate to whiz in everybody's Cheerios but they have many effective ways of dealing with small arms combat I.e. drones, directed energy weapons etc In Chicago there are police cameras that can detect the direction from which a gun shot comes from. It will then turn and record the area where the shot came from within a fraction of a second and snap a pic. It wouldn't be that hard to adapt a weapon in place or addition to the camera. I'm sure they already have the prototype. If they thought guns were going to be a real threat, they would have outlawed them long ago. Regardless, I think it's about time to drop the 1k on that AR I've been lusting after the last few years.

Fri, 03/23/2012 - 19:00 | 2285436 Hicham
Hicham's picture

Those rather expensive cameras can be dealth with a very cheap mask... :p. Of course, because it's our money that is paying for the governments largesse with respect to security and militarizing the police, and crazy tech like the cameras you mention...we still get fucked. How depressing.

Fri, 03/23/2012 - 19:03 | 2285446 Dread Nought
Dread Nought's picture

Build your own AR spend less, get more and learn how it works it just could be important.

Fri, 03/23/2012 - 19:34 | 2285540 johnQpublic
johnQpublic's picture

ak 47

when you absolutely positively need to kill every motherfucker in the room

 

http://www.youtube.com/watch?v=-z2ucmARq-k

Fri, 03/23/2012 - 20:50 | 2285685 CompassionateFascist
CompassionateFascist's picture

Actually, "They" - people with names like Soros, Bloomberg, Metzenbaum, Sugarmann, Feinstein, Boxer, Schumer & etc. - have been attempting to outlaw our guns for some time now. They just haven't gotten away with it. They can't do a Ukraine on us  until they disarm us...and They know it. And by all means get that AR if you enjoy spraying bullets around....M1A if you're actually planning on dropping a bad guy.

Sat, 03/24/2012 - 02:01 | 2286088 BidnessMan
BidnessMan's picture

Actually it is called Shot Spotter, and triangulates based upon sound.  shotspotter.com 

Sat, 03/24/2012 - 03:00 | 2286142 ironsky
ironsky's picture

So the cops are going to be manning directed energy weapons against what massed and static target? Only occutards are that stupid. It would be a free for all with the cops defending their families and maybe their neighborhoods. You're on your own. There will be those who may or may not successfully defend themselves and the Euro-maggots hoping that the noble savages won't want to eat something that will stop their hearts.

Fri, 03/23/2012 - 17:41 | 2285143 Neo
Neo's picture

Bullish...no wait..what?

Fri, 03/23/2012 - 17:42 | 2285147 Lmo Mutton
Lmo Mutton's picture

Stacker bitchez.

Fri, 03/23/2012 - 17:43 | 2285149 The Heart
The Heart's picture

This means the recovery is on the way!

Meanwhile, the one that will preserve your 2nd amendment right really needs your help now. Please contribute because there is a real good chance Ron Paul could make it to the top!

https://secure.ronpaul2012.com/?dp=1&pid=dp

 

 

Fri, 03/23/2012 - 18:53 | 2285417 Dr. Engali
Dr. Engali's picture

Thanks for the link. I'll have to email it to some of my gun toting Romney supporting friends.

Fri, 03/23/2012 - 20:53 | 2285690 CompassionateFascist
CompassionateFascist's picture

NO POLITICIAN, not even RP, can ensure our Gun Rights and the freedom that goes with them. Only our Guns and the Willingness to Use them can do that.

Fri, 03/23/2012 - 17:43 | 2285150 mr. mirbach
mr. mirbach's picture

CEO Michael O. Fifer also said, "We're working as FAST and FURIOUS as we possibly can."

Fri, 03/23/2012 - 17:44 | 2285153 navy62802
navy62802's picture

Shit! I think I may have to run out to the local gun store tomorrow and get that Mini-14 I've been wanting for a couple months now.

Fri, 03/23/2012 - 17:51 | 2285193 HelluvaEngineer
HelluvaEngineer's picture

NO.  Had one.  Would not hold 4MOA.  It's a design flaw.  Get an AR, or anything else. Or, man up and get a .308.

Mini-14=trailer park AR

Fri, 03/23/2012 - 17:58 | 2285218 xtop23
xtop23's picture

+1

7.62x51 is your friend

Fri, 03/23/2012 - 18:04 | 2285245 MachoMan
MachoMan's picture

Yep.  Ruger makes plenty of OK guns...  but in that caliber range, there are so many better alternatives it's not funny... 

Fri, 03/23/2012 - 18:29 | 2285346 12ToothAssassin
12ToothAssassin's picture

Even better an AR in .308

 

"Man's game bitch"

Fri, 03/23/2012 - 19:06 | 2285453 slewie the pi-rat
slewie the pi-rat's picture

L0L!!!

^my gf's like these^

Fri, 03/23/2012 - 20:36 | 2285661 WonderDawg
WonderDawg's picture

Daniel Defense makes an excellent AR. Best bang for the buck, to coin a phrase. They use Colt quality standards, and you can pick one up for right around a grand.

Fri, 03/23/2012 - 20:57 | 2285695 Fedaykinx
Fedaykinx's picture

rock river lar-8 with 20" bull barrel, 4x12 redfield revenge i can ring 6" steel all day at 500 no prob.  i do not like .223, not in a box, not with a fox, on a train, or on a plane.  .308 > .223, just like mr eugene stoner indended.

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