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BREAKING :
SMITH & WESSON BRANDS (NASDAQ:SWBI) RECENTLY SPUN OFF ITS OUTDOOR RECREATION BUSINESS TO FOCUS ON ITS FIREARMS BUSINESS. BECAUSE OF THAT, ONE WALL STREET ANALYST SAYS THE GUNMAKER IS PERFECTLY POISED TO GARNER SIGNIFICANT MOMENTUM. AEGIS ANALYST ROMMEL DIONISIO INITIATED COVERAGE OF SMITH & WESSON WITH A BUY RATING, AND SET A TARGET PRICE FOR ITS STOCK AT $23 PER SHARE, SOME 48% ABOVE ITS CLOSE ON WEDNESDAY.I WAS 35 YEARS OLD WHEN I WAS INVITED TO A GUN RANGE. EVERY TIME I PULLED THE TRIGGER, I FOUND MYSELF JUMPING AND BECOMING EMOTIONAL. WITH EVERY SHOT, I FELT THE LIFE OF ANOTHER BLACK MAN BEING TAKEN. THAT DAY, I DECIDED I DIDN'T WANT TO HAVE ANYTHING TO DO WITH GUNS. FAST-FORWARD 15 YEARS. I'M SITTING IN MY CONDO ON CHICAGO'S SOUTH SIDE WHEN THE DOORBELL RINGS. IT'S THE PIZZA DELIVERY MAN. I BUZZ HIM INTO THE BUILDING. WITHIN SECONDS, I HEAR A COMMOTION AND SOMEONE YELLING, "DON'T SHOOT!" I QUICKLY LOCK MY DOOR AND LOOK OUT THE PEEPHOLE. A THIEF IS TRYING TO ROB THE PIZZA DELIVERY GUY. SEE STORY.IN A CASE CHALLENGING A HAWAII GUN RESTRICTION THAT COULD AFFECT STATE GUN LAWS ACROSS THE COUNTRY, AN ATTORNEY TOLD AN EN BANC NINTH CIRCUIT PANEL THURSDAY THAT THE SECOND AMENDMENT DOESN’T CATEGORICALLY BAR ALL RESTRICTIONS ON CARRYING GUNS OUTSIDE THE HOME. “HAWAII’S LAW IS SQUARELY ROOTED IN A LONG HISTORICAL TRADITION GOING BACK SEVEN CENTURIES,” SAID ATTORNEY NEAL KATYAL OF HOGAN LOVELLS IN WASHINGTON D.C., WHO REPRESENTS THE STATE AND COUNTY OF HAWAII. “THAT TRADITION SHOWS THAT CARRYING FIREARMS IN PUBLIC WITHOUT GOOD CAUSE HAS NEVER BEEN PART OF THE RIGHT TO KEEP AND BEAR ARMS.”THE 2020 PRESIDENTIAL ELECTION IS JUST SIX WEEKS AWAY, AND POLLSTERS AND PUNDITS ARE TURNING MORE ATTENTION TO THE HANDFUL OF SWING STATES THAT COULD ULTIMATELY DECIDE THE OUTCOME. WHILE THE ISSUE OF THE SECOND AMENDMENT HASN’T NECESSARILY BEEN AT THE FOREFRONT OF THIS CAMPAIGN CYCLE, THE NOTION OF GUN RIGHTS HAS BEEN A SIGNIFICANT FLASHPOINT THROUGHOUT THE TURMOIL AND UNCERTAINTY OF THIS YEAR – INDUCED BY THE ONGOING GLOBAL PANDEMIC AND NATIONAL SHUTDOWN AND FURTHER ENHANCED BY THE RIOTING AND UNREST THAT HAS PERMEATED MUCH OF THE COUNTRY IN RECENT MONTHS.MORE THAN 600 REMINGON ARMS WORKERS WERE FURLOUGHED THURSDAY. THEY LEARNED THROUGH AN EMAIL FROM REMINGTON OUTDOOR COMPANY CEO, KEN D'ARCY, WHEN THEY GOT TO WORK THURSDAY. THEY LEFT THE PLANT SHORTLY AFTER LEARNING OF THE PLANT-WIDE FURLOUGH, AT AROUND 12:30. MORE THAN 600 REMINGON ARMS WORKERS WERE FURLOUGHED THURSDAY. THEY LEARNED THROUGH AN EMAIL FROM REMINGTON OUTDOOR COMPANY CEO, KEN D'ARCY, WHEN THEY GOT TO WORK THURSDAY.

CA – RETAILERS – Are all the gun stores in L.A. County closing? Vague sheriff’s order leaves some confusion

Los Angeles County’s sheriff is urging all gun stores, including some that have seen surging sales and lines of customers out their doors amid the coronavirus outbreak, to close this week if they haven’t already. In an interview with Fox 11 on Monday, Sheriff Alex Villaneuva deemed gun stores “non-essential” under a county order issued last week. The Board of Supervisors, in its order, said all businesses, except grocery stores and restaurants that offered take out, were not essential and needed to close. “We will be closing (gun stores),” he said. “They are a non-essential function.” Since last week, Villanueva, who says he owns guns himself, has repeatedly said he was concerned over how many people were buying guns, only to then stay cooped up at home under L.A. County’s stay-at-home orders. “Buying guns is a bad idea,” he said March 16. “You have a lot of people now that are at home…cabin fever sets in, you’ve got a crowded environment…weapons are not a good mix.” His new order appears to have fallen on some who weren’t listening in the first place — many gun stores across L.A. County contacted Tuesday already were closed. Among those that were still open, some said they were now selling guns online and delivering them to customers. Like their counterparts in the restaurant business, other gun shops said they were transitioning to take-out only, with limited employees on site letting customers in one at a time to pick up the guns they ordered. Still others said they were seeing a new surge in customers after the sheriff said he was shutting down gun stores.  [full article]

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