Seeking Alpha

Senators yesterday agreed on a bipartisan compromise to expand criminal background checks of gun...

Senators yesterday agreed on a bipartisan compromise to expand criminal background checks of gun buyers in a deal that should facilitate a debate in the Senate, although it's expected to meet opposition in the House. The measure calls for checks for Internet sales and those between private parties at gun shows, but not on non-commercial person-to-person deals. Stocks on watch today include Smith & Wesson (SWHC) and Sturm, Ruger (RGR).
Comments (4)
  • okiepoor
    , contributor
    Comments (11) | Send Message
     
    30% of the float shorted? I haven't seen this on a company with such good funnies before. Tells me emotion....sweet emotion driving this stock.
    11 Apr 2013, 08:18 AM Reply Like
  • jeffandpolly
    , contributor
    Comments (2) | Send Message
     
    Any analysts out there with the "stones" to analyze SWHC & RGR without all the emotion? Any with enough brains not to compare them with bowling or motorboat stocks?
    11 Apr 2013, 08:51 AM Reply Like
  • Jacob Smith
    , contributor
    Comments (323) | Send Message
     
    Interesting how this stock reacts. For short term gains, good news about compromise bring this stock up. However, I've been telling people all along that the best news for this stock is when President Obama gets up there and tries to scare the public. The customers of S&W buy up all the guns and ammo they can out of fear and the underlying strength of S&W's earnings will strengthen even more.
    11 Apr 2013, 11:30 AM Reply Like
  • snakebit78
    , contributor
    Comments (5) | Send Message
     
    am near 80 yrs old and was in the field artillery in Korea. I am
    also a patriot of the first order. Back ground checks are already
    performed at the sponsoring dealer where the internet guns sales
    are delivered, for the buyer. I also firmly believe a private party
    is just that, private.
    11 Apr 2013, 12:54 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|