Thursday, January 7, 2010

Malaysia considers purchasing 30,000 tasers

The news today reported that the stock price for Taser International (TASR) shot up by about 16% 24% after they announced that they've sold a couple of thousand units. I thought that it was a bit of an over-reaction, but what do I know? I didn't realize it was big news when Taser International actually sells some tasers.

Anyway, that reaction makes me wonder what would happen if the hoped-for sale of 30,000 tasers to Malaysia, reportedly and inexplicably at several times the usual price (?), ...it makes me wonder what would happen to the stock price if that Malaysian order rolled out of the fax machine?

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