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griffin8

griffin8
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  • The gun trade is still on two days after the election with both Sturm, Ruger (RGR +8.3%) and Smith & Wesson (SWHC +3.4%) carving out healthy gains again. Technical traders say the move is just the start of a multi-month rally, while fundamental-leaning traders see some risk on the downside if the fiscal cliff gets resolved. [View news story]
    Re RGR Other than the recent raising of the PT and the election, could this move be a short squeeze? TDAmeritrade states that the Short Interest as of 10/15/12 was 41.52% of float?
    Nov 8 02:18 PM | Likes Like |Link to Comment
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