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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 – Sheriff Will Not Close San Diego County Gun Stores (VIDEO)

Sheriff Bill Gore said gun shops provide a “valuable public service” during the coronavirus pandemic and will be allowed to remain open, even though they are not included in the state government’s list of “essential businesses.” Speaking at a county news conference Tuesday afternoon, and in a released statement, Gore said county residents have a legitimate right to buy and possess guns. The sheriff said licensed gun stores help maintain public safety by ensuring that buyers submit to a ten-day waiting period and pass a state license check. He warned that gun buyers could turn to the “black market” for illegal weapons if they can’t buy them legally at licensed stores. But Gore said the situation is fluid, and indicated he could change his mind after talking with the state’s top law enforcement officials. Gore’s decision to allow gun stores to stay open contrasts with his counterpart in Los Angeles County, who on Tuesday said gun stores are nonessential businesses and warned store owners to close or risk losing their business licenses. “Gun shops, strip clubs, night clubs are non-essential businesses,” Sheriff Alex Villanueva told the Los Angeles Times. “If they don’t close their doors, they will be cited.” An informal survey of local gun stores by NBC 7 Investigates found at least two stores that have remained open despite the governor’s order for the closure of all non-essential businesses. Those stores are PWG Range in Poway and The Gun Range San Diego in Kearny Mesa. At least two other stores were closed for sales of guns and ammo, and were only delivering those items to buyers who had purchased them before the state-ordered closure. All gun stores contacted in the survey said they have closed their shooting ranges.  [full article]

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