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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.

IL – GUN CRIME – Chicago can’t blame other states for guns, murder

The tragically incompetent mayor of Chicago, Lori Lightfoot, appeared on CNN’s “State of the Union” recently to deflect attention from the horror show unfolding in her city by blaming interlopers for its spiking murder rate: “We are being inundated with guns from states that have virtually no gun control, no background checks, no ban on assault weapons — that is hurting cities like Chicago.” Although these accusations have been leveled by Chicago politicians for decades now, they are a myth. For one thing, there is no state in the nation with “virtually no gun control” or “no background checks.” Every time anyone in the United States purchases a gun from a federal firearms licensee — a gun store, a gun show, it doesn’t matter — the seller runs a background check on the buyer through the National Instant Criminal Background Check System database. In some cases, the FFL checks to see if the buyer has passed a background check via a state-issued concealed-carry permit. In states that allow individual private sales, it is illegal to knowingly sell to anyone who you believe is obtaining a firearm for criminal purposes. Those who cross state lines to buy guns undergo the same background check, and the sale is processed by an FFL in the buyer’s home state. The exact same laws apply to all online sales. The vast majority of Americans obtain their guns in this manner, and they rarely commit crimes. Around 7% of criminals in prison bought weapons using their real names. Fewer than 1% obtained them at gun shows. As the Heritage Foundation’s Amy Swearer points out, there have been around 18 million concealed-carry permit holders over the past 15 years, and they have committed 801 firearm-related homicides over that span, or somewhere around 0.7% of all firearm-related murders. Concealed-carry holders not only are more law-abiding than the general population as a group; they are more law-abiding than law enforcement.  [full article]

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