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Gun Stocks Skyrocket After Obama Win

aceofwands Wrote: Nov 08, 2012 1:17 PM
It looks like a whole bunch of gun owners stayed home on election day. Looking at the vote count of 57 million for Romney, one has to wonder what happened to the supposed 85 to 100 million gun owners.
Quix Wrote: Nov 08, 2012 8:00 PM
Are you really that naive to think Democrats don't carry guns? Really? Diane Fienstien has a concealed carry permit for crying out loud.

Good grief.
Publius4254 Wrote: Nov 08, 2012 1:28 PM
This gun owner went to the polls. I can't speak for anyone other than myself.

The first four years of the Obama administration were extremely lucrative for the gun industry and with Obama's reelection Tuesday, gun stocks have skyrocketed.

Even as the broader markets fell sharply, the re-election of President Barack Obama sparked a rally for shares of two major firearms companies Wednesday. Smith & Wesson Holdings (US:SWHC) was up 8% while Sturm Ruger & Co. (US:RGR) gained 6%. The jumps mirrored a similar surge in 2008 and 2009 when fears - later proven to be unfounded - of new regulations on gun ownership generated brisk sales.

President Obama...

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