Gunmaker Stocks Soar at Prospect of Biden Victory – IOTW Report

Gunmaker Stocks Soar at Prospect of Biden Victory

Physical firearms expected to follow suit.

Summit News:

Stocks of gunmakers have soared at the prospect of a Joe Biden presidency, with sales of physical firearms also likely to follow suit in response to the risk of the Second Amendment coming under attack.

After initially tumbling on Wednesday at the likelihood of Trump gaining re-election, gun stocks have staged a dramatic rise over the last 48 hours.

“This should not be a total surprise since we have warned for months that Americans across even the most liberal states were panic-hoarding guns and ammo,” reports Zero Hedge. “Weapon background checks surged to record highs, rose 79% year-over-year over the summer amid pandemic fears and violent social unrest gripping major metros.”

more here

13 Comments on Gunmaker Stocks Soar at Prospect of Biden Victory

  1. Based on the huge number of new gun owners this year that isn’t really much of a prediction 😉
    Most of us deplorables are likely pretty well prepared but you can likely never have too much – just in case.

    2
  2. Antidote NOVEMBER 6, 2020 AT 6:43 PM

    Might add the reloading components to that.

    Once again, “Do you really need that many primers?” Yes, yes I do and rather ironic that those that laughed or questioned are now wondering if I might sell them some…

    6
  3. If you don’t carry a firearm at all times and have sufficient ammo for each, you aren’t paying attention. When someone says they hate you and want to kill you, believe them. These vermin have been saying that to us for years. Why is anyone surprised NOW?

    7
  4. With the price of .556 ammo up to all time highs, get to the range and site in your target ranges. Make every shot count, we do that in the military, which is one of the reasons our infantry is the best in the world. RANGERS Lead The Way! One note: Now is the time to order spare magazines for all your self defense weapons while you can

    5

Comments are closed.