Friday, April 27, 2012

Gun Sales And Gun Stocks Are Going Nuts As Obama's Re-Election Odds Improve

 

trigger of a gun

We'd heard a few times lately that the gun stocks (mostly Ruger and Smith & Wesson) had been surging lately, thanks to strong gun sales, but we have to thank Eddy Elfenbein for alerting us to how extreme the moves have been lately.

Ruger is up 14% from the Wednesday close after the gun company announced that itliterally could not keep up with demand.

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