lsu480 Arizona State Fan 1488 posts Member since Oct 2007 48022 posts
Gun company stock prices and pending legislation... (Posted on 12/28/12 at 3:43 pm)
I don't see any possible way the proposed legislation passes based on the stock prices of companies like Ruger and Smith and Wesson. Their stock prices are all WAY higher than they were a year ago...some of them have doubled. If the market was worried about guns being highly regulated or banned the stock prices would reflect it. We have nothing to worry about in my opinion. What do you guys think?
deltaland Mississippi St. Fan Member since Mar 2011 15405 posts
re: Gun company stock prices and pending legislation... (Posted on 12/28/12 at 4:02 pm to lsu480)
I think the prices are driven up because the mere threat of gun bans or regulations usually cause a rise in gun sales, so that leads to positive speculation on the stock prices.
lsu480 Arizona State Fan 1488 posts Member since Oct 2007 48022 posts
re: Gun company stock prices and pending legislation... (Posted on 12/28/12 at 4:09 pm to deltaland)
That's true but only if a ban ISN'T going to happen. The threat of one will make prices rise but if one was really going to happen prices would be dropping like a rock.
