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Our fund raising round was not successful.  As a result, IDB will be going off line and into cold storage.  If our competitors should stumble, I may re-active the site in the future but for now, we're turning out the lights.

I had planned to go off-line on April 4th.  Due to some important and unplanned changes in our maintenance schedule, I am now bumping that up to next Tuesday morning, March 27th, 2018.  PM 'admin' if you need to reach me. 

You should use the next 5 days to find a new home for your community.

Running IDB has been fun over the years and I hope you enjoyed your time here as well.  Sincerely,  Paul

P.S. News on IDB Funding -- this is now on it's own page to clean up the site a bit.

Why Is the Market Ignoring the Fact That Gun Sales Are Booming?

Why Is the Market Ignoring the Fact That Gun Sales Are Booming?


Just because gun sales aren't booming at the same rate they were during the biggest year ever for firearms manufacturers, that doesn't mean they're not still rising. Yet the way the market responded to the FBI release of April gun buyer background-check data, you'd think we were in the midst of a major downturn.

The fact is, gun sales are surging, and when American Outdoor Brands (NASDAQ:AOBC) and Sturm, Ruger (NYSE:RGR) report earnings for the current quarter, it's likely Wall Street will respond with shock and surprise at how strong demand was.

A woman takes target practice at a gun range.

Boom times

The federal law-enforcement agency says it processed more than 2 million background checks through its National Instant Criminal Background Check System in April, some 16% lower than it did in March and down 5% from the year-ago period. At first glance, it seems reasonable to say the market was right to drop the stocks of Smith & Wesson's owner and Ruger. But taking superficial readings leads to the wrong conclusion, as it has in this instance.

As noted, 2016 was the biggest year for gun sales. The FBI processed more than 27.5 million background checks last year, 19% more than it had the year before and more than double the number it did a decade ago.

Continued: https://www.fool.com/investing/2017/05/10/why-is-the-market-ignoring-the-fact-that-gun-sales.aspx