Monday, October 2, 2017

Gun Stocks Jump After Las Vegas Mass Shooting Leaves over 50 People Dead

This to me is always an interesting thing about Gun STocks after a bunch of people are shot in one of these mass shootings. Gun Stocks go up from people who are afraid their guns are going to be taken away and 2nd from people who are afraid of other mass shootings who want to have a gun to "Shoot Back". Having Trump as a president is so insecure by the way for most Americans that just having Trump as a president is going to make the average person go out and buy a gun of any political party. Just because it is so crazy here in the U.S. now. It hasn't been this crazy since 1968 when Nixon got elected when people my age were being bludgeoned outside the Democratic headquarters by police in Chicago then and students were being shot at Kent State University by likely the National guard.
So, Americans have never been less sure of the future than they are now. So, it's in a little way again like the Cold War and during World War II in some respects living in the U.S. and the world now. However, the war is on the Internet and inside people's minds instead of as many people dying as world war II (100 million then). So, most casualties now are the people's sanity worldwide. Which likely will create more mass killings because of how insecure most people are worldwide now and just how chaotic and unpredictable things are with people like Trump in office. It's pretty scary worldwide right now. 

Then you also have overpopulation characteristics where random young or old men will start more and more to depopulate the world. The problem would be when this is in regard to nuclear weapons.

So, populations likely need to reduce before there are just too many nuclear bombs going off to change with retroactive Time Travel and we are all gone and earth is left to die as an asteroid belt in space like the Asteroid belt that was once a humanoid populated planet out past Mars that got nuked 65 million years ago now. (One of the asteroids) ( a piece) of that human populated planet came to earth and killed all the larger dinosaurs then 65 million years ago.
Shares of gunmakers such as Sturm, Ruger & Co. (rgr) and Smith & Wesson maker American Outdoor Brands (aobc) rose sharply Monday after a mass shooting in Las Vegas left more
desktop-banner
More Than 50 Dead in Las Vegas Shooting
The shooter was identified as Stephen Paddock.
Mute
Current Time 0:33
/
Duration Time 1:46
 

Gun Stocks Jump After Las Vegas Mass Shooting Leaves 50 People Dead

10:53 AM ET
Shares of gunmakers such as Sturm, Ruger & Co. (rgr, +3.00%) and Smith & Wesson maker American Outdoor Brands (aobc, +3.11%) rose sharply Monday after a mass shooting in Las Vegas left more than 50 dead and hundreds injured. The episode is now the deadliest mass shooting in modern U.S. history.
After 64-year-old Stephen Paddock of Mesquite, Nevada opened fire on concertgoers late Sunday, investors began buying shares of gunmakers in anticipation of a jump in gun sales as a result of the shooting. Shares of Sturm, Ruger & Co. rose 3% in early trading Monday, American Outdoor Brands jumped 5%, while Vista Outdoor (vsto, +2.22%) popped 2%.
It's become a common trend for gun stocks to jump after mass shootings in the U.S. That's in part because investors are predicting a boon in sales as people buy firearms as a means of self-defense after harrowing events. Sales may also spike because weapons buyers fear that in the aftermath of an attack, lawmakers might pass rules making guns tougher to buy.
Still, shares of gunmakers in general have remained depressed since President Donald Trump took the White House in November. While the threat of gun control seemed much more pertinent during President Barack Obama's presidency, gun owners have been less concerned about Trump and his administration imposing tougher gun controls on the country. Gun sales have fallen steadily this year, with background checks related to firearm purchases reaching their lowest point in three years during the second quarter.
Despite reports that Trump is considering relaxing oversight of foreign gun sales, shares of American Outdoor have fallen 46% since the November elections, Vista has dropped 40%, while Sturm, Ruger is down 16%.…

No comments:

Post a Comment