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lsu480
LSU Fan
Downtown Scottsdale
Member since Oct 2007
82902 posts

Gun company stock prices and pending legislation...

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
Ohio State Fan
Member since Mar 2011
28056 posts
Online

re: Gun company stock prices and pending legislation...
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
LSU Fan
Downtown Scottsdale
Member since Oct 2007
82902 posts

re: Gun company stock prices and pending legislation...
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.


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bayoudude
LSU Fan
Houma
Member since Dec 2007
17534 posts

re: Gun company stock prices and pending legislation...
According to this Smith & Wesson is down big time. smith & wesson

ETA: I think it has rebounded to only a 1% loss since this article.
This post was edited on 12/28 at 4:28 pm


lsu480
LSU Fan
Downtown Scottsdale
Member since Oct 2007
82902 posts

re: Gun company stock prices and pending legislation...
They have gone down the last two weeks but are still double what they were a year ago.


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