US 2nd Amendment Under Assault, Freedom Firearms Guns Defense

grarpamp grarpamp at
Fri May 27 00:23:06 PDT 2022

Firearm Stocks Soar Over Fears Of New Gun-Control Laws

Shares of gun and ammunition companies jumped Wednesday over
speculation of new gun control laws in the wake of Tuesday's horrific
mass shooting that killed at least 19 children and two teachers at a
Texas elementary school. Investors anticipate increased sales ahead of
calls for stricter gun laws by Democrats.

As of Wednesday afternoon, Smith & Wesson Inc. and Vista Outdoors Inc.
were both up around 10%, American Outdoor Brands Inc. +6.5%, Sturm
Ruger & Co. +5.5%, and Ammo Inc. +5%.

Gun makers' shares typically rise when Democrats call for stricter gun
control measures after mass shootings because people buy on the fear
that more rules could make owning a gun harder or costlier. This was
the case in 2012 when gun sales soared after the shooting in Newtown,
Connecticut, at Sandy Hook school.

Search trends for "buy a gun" immediately erupted Tuesday evening
after the shooting at the elementary school in Uvalde, Texas.

Even though Democrats and President Biden have vowed to get tough on
guns, Senate Majority Leader Charles Schumer (D-N.Y.) was out
Wednesday, indicating new gun control measures would be hard to pass
because there isn't enough Republican support. Still, some fear the
Biden administration will get tough on guns via executive fiat.

Stocks also rise during massive new waves of self-defense
buying of arms due to the public's growing recognition that no
amount of laws bans and police can truly protect the public
against criminals, that realtime need demands firearm ownership
among the everyday public.

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