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Ukshep

Las Vegas shooting: Gun shares rise, in keeping with US shooting trend

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 Ukshep    16,903

Shares in gun manufacturers rose in the first few hours of trading on Monday, just hours after a gunman killed at least 50 people in Las Vegas.

It is thought the rise is down to an anticipated rush to buy weapons as people fear a tightening of gun control laws.

Soon after opening on Monday morning, shares in American Outdoor Brands Corp. (NASDAQ: AOBC), which holds Smith and Wesson, were up more than 3%.

Sturm Ruger & Co. (NYSE: RGR), another gun manufacturer, was up around 3% at the same time. Meanwhile, ammunition manufacturer, Vista Outdoors Inc. (NYSE: VSTO) was up 3%.

http://www.bbc.co.uk/news/world-us-canada-41472895

And they would be right. People fear gun control coming. It's close. Or at least smells like it. This was an automatic weapon. Wait till they start to ban those types.

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 Quick1966    1,147
15 minutes ago, Ukshep said:

Shares in gun manufacturers rose in the first few hours of trading on Monday, just hours after a gunman killed at least 50 people in Las Vegas.

It is thought the rise is down to an anticipated rush to buy weapons as people fear a tightening of gun control laws.

Soon after opening on Monday morning, shares in American Outdoor Brands Corp. (NASDAQ: AOBC), which holds Smith and Wesson, were up more than 3%.

Sturm Ruger & Co. (NYSE: RGR), another gun manufacturer, was up around 3% at the same time. Meanwhile, ammunition manufacturer, Vista Outdoors Inc. (NYSE: VSTO) was up 3%.

http://www.bbc.co.uk/news/world-us-canada-41472895

And they would be right. People fear gun control coming. It's close. Or at least smells like it. This was an automatic weapon. Wait till they start to ban those types.

Well they are. The average American can't walk into any gun store and purchase a fully automatic rifle. The MSM wants people to believe they can but all the buying public can purchase is a semi auto.

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