Conservatives realize that they need to defend themselves from liberal nuts.
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It’s a year since the massacre at Sandy Hook Elementary School. But the anniversary doesn’t mean the same thing to everybody.

Financial speculators who took advantage of the crisis to invest in gun manufacturers at rock-bottom prices have spent the past 12 months racking up incredible profits.

Call them ghouls, or worse, if you will.

Admit that they have ice-water running in their veins.

But they are sitting on huge gains.

Those who bought Smith & Wesson shares SWHC -1.67% in the immediate aftermath of the massacre 12 months ago have made profits of more than 60%. Those who bought rival gun maker Sturm, Ruger RGR +0.03% are sitting on profits of nearly 80%. Those returns have left almost any other financial speculation in the shade. They’ve beaten the overall stock market by more than two-to-one.

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