Does this Guy Deserve a 485% Raise?

James Debney

This is P. James Debney, the chief executive of Smith & Wesson Holding Corp. (Nasdaq: SWHS).  He starts the new year with a  485 percent raise to $2.89 million this year, according to an SEC filing. 1 He earned $493,322 in 2011.

Debney, who took the helm of the Springfield-based gun-maker last September, will receive a base annual salary of $404,433, stock worth$554,400, stock options worth $1.37 million and non-equity incentive of $508,050.

SOURCE:

1. http://boston.citybizlist.com/article/smith-wesson%E2%80%99s-top-gun-james-debney-gets-485-raise

Why Are There More Pro-Gun Groups than Pro-Gun Control?

Gun interest groups in the U.S.
Pro-gun rights
Pro-gun control

The Gun Owners of America – Against Common Sense Gun Laws

The Gun Owners of America are the 2nd largest gun rights group having 300,000 members (1)   But they are far more vocal than the NRA in terms of pro-gun activities.  They were the first to respond with a pro-gun message following the tragedy in Connecticut(1) and have lobbied congress against virtually every common sense piece of gun legislation to float through congress.  Like the NRA, they respond to gun violence by advocating more guns.

They are in summary:

  • In favor of assault weapons

  • Against any legislation to end gun shows

  • Against legislation banning .5 caliber rifles or ammunition (Lobbied House of Representatives to vote against the Moran Amendment On June 6, 1995.  This amendment would have banned the above from being licensed for export.)

  • Against expansion of the National Instant Criminal Background Check System

Sources:
1 http://www.huffingtonpost.com/2012/12/17/gun-owners-of-america-newtown-gun-debate-_n_2318951.html

2 http://en.wikipedia.org/wiki/Gun_Owners_of_America

Top 10 Largest Gun Stores in the US

  1. Walmart
  2. Kmart
  3. Sports Authority
  4. Gart’s
  5. Big 5 Sporting Goods
  6. Airsoft Atlanta Store
  7. Hyatt Gun Shop
  8. Compasecco, Inc.
  9. Acusport Corp.
  10. Gunrunner Fine Firearms and Auction Co.

Source: http://www.articlesbase.com/business-articles/the-10-largest-gun-stores-in-the-usa-555682.html, 2008

Top 10 Mutual Fund Holdings of Sturm Ruger and Co

Top 10 Mutual Fund Holdings by Shares Held
Name

Reporting Date

Total Holdings

Position Value

Outstanding
Shares Owned

AMERICAN FDS INSURANCE SER-GROWTH FD (i)

09/30/12

1.2M $54.3M 6.50%
Allianz Fds-NFJ Small Cap Value Fd (i)

09/30/12

1.1M $48.8M 5.84%
James Advantage Balanced Golden Rainbow Fund (i)

06/30/12

392.0K $17.1M 2.05%
VANGUARD SMALL-CAP INDEX FUND (i)

09/30/12

309.6K $13.5M 1.62%
ISHARES S&P SMALLCAP 600 INDEX FD (i)

07/31/12

290.3K $12.7M 1.51%
ISHARES RUSSELL 2000 INDEX FD (i)

07/31/12

271.0K $11.8M 1.41%
VANGUARD TOTAL STOCK MARKET INDEX FUND (i)

06/30/12

240.3K $10.5M 1.25%
VANGUARD SMALL-CAP GROWTH INDEX FUND (i)

09/30/12

219.9K $9.6M 1.15%
Touchstone Funds Group Tr-Touchstone Small Cap Core Fd (i)

09/30/12

191.5K $8.4M 1.00%
VANGUARD EXPLORER FUND, INC. (i)

07/31/12

189.6K $8.3M 0.99%

Source: Fidelity