Gun sales are surging since Orlando shooting; gun stocks are soaring on Wall Street

[davidn3600]

DENVER — Gun sales are surging in the wake of Sunday’s deadly mass shooting in Orlando, Fla. The tragedy is generating new debate over gun control reform and the right to bear arms.

Gun shops typically see a spike in customers after mass shootings. But this time, many are seeing shoppers they’ve never really seen before: More gays and lesbians.

George Horne, the owner of The Gun Room, Denver’s oldest firearms dealer, said Tuesday business is booming at his store.

“For this time of year I’d say its three to four times what we normally have,” he said.

Background checks that once took minutes can now take hours. It’s a sales surge similar to what happened after Sandy Hook and the Aurora theater shootings.

“We’re not surprised by it,” Horne said.

However, what’s different this time around is the clientele. Mike Smith, a firearms instructor in Colorado Springs, is one of many closely tracking the sudden surge in gays and lesbians buying weapons.

http://kwgn.com/2016/06/14/gun-sales-surge-after-orlando-shooting-2/

Shares of both Smith & Wesson (SWHC) and Sturm, Ruger (RGR) surged nearly 10% Monday in the aftermath of the tragedy at the Pulse nightclub in Orlando early Sunday morning. A gunman killed 49 people at the club before he was shot dead by police.

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If Hillary Clinton continues to lead Donald Trump in the polls, some gun buyers may fear tougher laws -- even though few have materialized during the Obama administration despite his calls for tighter controls.

"There will likely be heightened consumer fears about gun control," Dionisio said. "It could temporarily increase demand, especially since Clinton has made gun control one of her platforms."

Ammunition maker Vista Outdoor (VSTO)rallied on Monday as well. Shares of Olin (OLN), a specialty chemicals company that also owns the Winchester gun brand, were up slightly too, as was the stock of sporting and hunting goods retailer Cabela's (CAB).

http://money.cnn.com/2016/06/13/investing/gun-stocks-smith-wesson-sturm-ruger-orlando-shooting-pulse/index.html?section=money_markets

[The Wielding Truth]

1. The arms dealers are smiling and the victim's families ...well... they're not.

[The Velveteen Ocelot]

2. So, the next time you hear about another mass shooting on the news,

grab your phone and call your broker as fast as you can and have them buy stock in gun manufacturers.

[onehandle]

3. Stupid reactionary is as stupid reactionary does. nt

[Rocknrule]

4. Colorado of all place should be calling for more gun control, not surging in gun sales

Since it's the only state where these tragedies have happened multiple times

[2naSalit]

6. Too reasonable for the gun humpers......nt

[maxsolomon]

5. ghouls

paranoid, reactionary ghouls.

and these are your fellow militia members, DU GRAs.

[Hoyt]

7. the weekend after Sandy Hook, the white wingers were lined up around the block at a gun show

to buy so-called 'assault weapons." I here some just wanted one like the murderer used.

If gun stores, gun shows, private sellers, etc., had a sense of decency, they'd close for awhile after these tragedies. But then, if they had a sense of decency, they wouldn't be profiting from lethal weapons.

[aikoaiko]

8. Only natural given the calls to ban very popular rifle, handgun, & shotgun configurations

Its not that people hear about massacre with an AR and think that they need to get one because it was so effective at murdering people. .

Its that some people and politicians start campaigning to prevent very popular rifle, handgun, & shotgun configurations from being sold. People learned their lessons from the 1994 AWB. Buy early, buy often.

[Eleanors38]

9. Want fewer guns in circulation? Quit calling for their ban.