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    • Thu May 29th 09:16 AM
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      Commented on:
      Charles Norton: Investing in Vice Stocks
      No kidding, Kent. An offshoot of the seemingly mantra "guns and drugs, drugs and guns" ? Our goose will be cooked on a bonfire of politically correct shibboleths printed on recycled paper.
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    • Tue Apr 1st 10:31 AM
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      Commented on:
      Smith & Wesson: Time to Pull the Trigger
      Smith and Wesson has an over riding problem- most of their sales are domestic retail , and shooters have a big grudge against them. S+W took a brand revered in the firearms field and trashed it with the Clinton era agreement to put internal locks in it's handguns, as a way to avoid manufacturer liability to lawsuits. The sort of avid shooters who buy lots of guns HATE the locks, as they are perceived to be failure prone. As a consequence, sales of older S+W revolvers are hot, sales of new ones are not. If S+W dropped the worthless lock, the retail sales of it's revolvers would take off again. The lock agreement was also seen as a sellout by S+W by shooters who saw it as one more attack on the right to bear arms. Taken together, S+W will have a hard time wooing the American retail market.
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