Aug. 16 at 8:05 PM
$PEW this overturn of a 92 year old law may have a bigger impact on PEW than my jaded perspective tends to expect. I say jaded not due to a lack of optimism over the prospects of PEW or its stock price, but simply from nothing sticking hard enough "yet" to get the ball rolling and continuing to roll forward (where the ball is PEW's share price).
The significance of this overturned, almost century-old, Act might really be the catalyst for the ball to start rolling, though. With the DOJ, in effect backing this overturn, 2nd amendment advocates are going to surely be emboldened.
When sentiment truly shifts (not just a brief knee-jerk response that passes), it sometimes shifts instantly...sometimes gradually. I wonder if this major change in the regulatory 2A environment that just happened won't result in a gradual true (beyond knee-jerk) sentiment shift that will propel a new positive trend for PEW share price. JMO