What Is the Market Telling Us About Gun Control?

What does Sturm Ruger & Company's stock chart tell you about the legislative momentum of gun control efforts in America post-Newtown?  Probably that they are not going to amount to much.  Of course, the market could be wrong, but the stock has regained it's all-time high and is trading up after hours on the latest data on FBI background checks and potentially disappointing news for gun-controllers coming out of the Congress.

Also, SEC filings show us that certain investors made a mint investing last December and others took it on the chin.  It looks like Gilder Gagnon Howe sold its 744,000 shares post Newtown thereby locking in over $11 million of losses.