NSSF http://www.gunvote.org

BHA Survive


Digital Daily Gun News Website

BREAKING :
The survivors of the Rancho Tehama shooting are suing the industry that they say allowed Kevin Neal to kill five people, and injure 18 others. After a domestic violence arrest, Neal was banned from having guns. So he built his murder weapons -- two homemade AR-15 style rifles called ghost guns. So-called ghost gun companies sell parts that can be assembled into these weapons. As long as those parts are 80% complete or less... normal gun laws do not apply.Moments after firing a gun for the first time, Alicea Burton proudly displayed the result of her marksmanship: a human silhouette target perforated with more than two dozen 9 mm holes.On the third anniversary of the tragic February 2018 school shooting at Marjory Stoneman Douglas High School in Parkland, Florida, President Joe Biden issued his administration’s first significant push for new gun control measures.It’s widely understood that the current occupants of the White House, the Biden-Harris Administration, have positioned themselves as the most anti-gun team this country has ever seen on Pennsylvania Avenue. Leading up to the 2020 election, NRA made abundantly clear the threats these two presented to law-abiding gun owners, and both the President and Vice President spelled out how deeply opposed they each are to the fundamental right to purchase, possess, and carry firearms for personal protection.TN Gov. Bill Lee is renewing his push to allow handguns to be carried in public without a permit, and local law enforcement leaders are pushing back with renewed opposition. Lee announced during his recent State of the State address that he will push again for the legislation, which failed to make it through the Tennessee General Assembly’s COVID-shortened session last year.

MA – INDUSTRY INSIDER – Smith & Wesson’s Spinoff Of American Outdoor Brands Presents An Attractive Opportunity

Smith & Wesson announced that they will be spinning off American Outdoor Brands in August. The small size (nearly micro-cap) of the spin-co relative to the parent may present an opportunity to take advantage of forced selling. Incentives of new management are strong. Trading comps suggest that the spin-co may fetch a higher multiple than it would as a part of Smith & Wesson Brands. It was announced Friday that Smith & Wesson’s (SWBI) Board of Directors approved the spinoff of their “Outdoor Products and Accessories” business line as American Outdoor Brands, which generates just under $170M in annual sales and is the product of a series of acquisitions. The segment is described as “a leading provider of outdoor products and accessories encompassing hunting, fishing, camping, shooting, and personal security and defense products for rugged outdoor enthusiasts.” Spinoffs such as this one, especially given the relatively small size of the child company, often create opportunities for enterprising investors through mispricings of both the parent and child. The distribution of American Outdoor Brands (AOUT) stock will be completed on August 24th, and the new stock should then begin trading. The parent company of the American Outdoor Brands spinoff will remain trading with the ticker SWBI, and be a pure-play firearms business. I believe focusing in on a core business line and spinning off non-core business is a great move and demonstrates good business sense and shareholder focus of management, regardless of one’s beliefs regarding the firearms industry. While I find the child of this spinoff much more interesting, I’ll provide some trading comps on the parent as well since often both the parent and the child do well after a spinoff for a variety of reasons. Joel Greenblatt discusses this at length in “You Can Be a Stock Market Genius.”  [full article]

Download
Our Mobile App

and get our latest news and featured videos instantly

Download Now

BREAKING :
The survivors of the Rancho Tehama shooting are suing the industry that they say allowed Kevin Neal to kill five people, and injure 18 others. After a domestic violence arrest, Neal was banned from having guns. So he built his murder weapons -- two homemade AR-15 style rifles called ghost guns. So-called ghost gun companies sell parts that can be assembled into these weapons. As long as those parts are 80% complete or less... normal gun laws do not apply.Moments after firing a gun for the first time, Alicea Burton proudly displayed the result of her marksmanship: a human silhouette target perforated with more than two dozen 9 mm holes.On the third anniversary of the tragic February 2018 school shooting at Marjory Stoneman Douglas High School in Parkland, Florida, President Joe Biden issued his administration’s first significant push for new gun control measures.It’s widely understood that the current occupants of the White House, the Biden-Harris Administration, have positioned themselves as the most anti-gun team this country has ever seen on Pennsylvania Avenue. Leading up to the 2020 election, NRA made abundantly clear the threats these two presented to law-abiding gun owners, and both the President and Vice President spelled out how deeply opposed they each are to the fundamental right to purchase, possess, and carry firearms for personal protection.TN Gov. Bill Lee is renewing his push to allow handguns to be carried in public without a permit, and local law enforcement leaders are pushing back with renewed opposition. Lee announced during his recent State of the State address that he will push again for the legislation, which failed to make it through the Tennessee General Assembly’s COVID-shortened session last year.