Puppet String news
  • Blog
  • About
  • Contact
  • Link Page
  • Blog
  • About
  • Contact
  • Link Page

Gun sales and stock prices rise after Orlando Islamic attack

6/13/2016

0 Comments

 
Picture
The shares of firearm companies have soared in value since the mass shooting in Orlando, Florida. Smith & Wesson and Sturm Ruger & Co, the two biggest US firearms manufacturers on the stock market, saw their share prices increase by 6.87 percent 8.50 percent, respectively, by the time the markets closed at 4 pm on Monday. ​The surge follows an attack on a gay nightclub in Orlando, Florida that left 49 people dead and 53 wounded on Sunday morning in the deadliest mass shooting in US history. The gunman, Omar Mateen, was killed in a firefight with police. Smith & Wesson reports revenue growth from soaring arms sales after San Bernardino shooting Traders are betting that many Americans may fear that, in the wake of the attack, stricter gun legislation will prevent them from purchasing firearms, such as the semi-automatic AR-15 rifle said to have been used by the Orlando shooter. Smith & Wesson sold a record $627 million worth of firearms last year. In the most recent quarter, sales soared by 61.5 percent, a rise CEO James Debney attributed to a “long-term trend toward personal protection.” Similar spikes in gun company stocks were seen after a terrorist attack in San Bernardino, California and a shooting at Umpqua Community College in Oregon. If it's one thing Islamic terror and gun control will create, they will both create the most armed nation the Earth has ever seen. Once again the safety that the Federal government no longer provides, is now forcing Americans to take safety into their own hands. This shows that America is fed up with a government who no longer protects it's citizens, and only help people who commit violent acts on Americans through the refugee crisis and illegal immigration. There was once an Indian chief who said behind every blade of grass is a man with a gun, well now you can say under every grain of American dirt is an American with a gun. These rise in gun sales after terrorist attacks and gun control, show that America no longer trust the government with our own safety. 
0 Comments



Leave a Reply.

    Author

    Anti msm news, Created by a US NAVY vet. "Seek the truth" Check me out on Facebook and Twitter at top of page, also check me out on gab.ai @PuppetStringNews

"Seek The Truth!"