The hill reported that gun sales are soaring thanks to Obama’s efforts to rid the USA of guns! What justice.
Stocks are climbing and sales are picking up.
Shares of Smith & Wesson jumped 11 percent Tuesday, to $25.86, when the president unveiled his new plan for expanding background checks on gun sales, while Sturm, Ruger & Co.’s stock climbed nearly 7 percent, to $65.54.
“President Obama has single-handedly done more to promote gun ownership than anyone else,” said Erich Pratt, executive director of the Gun Owners of America.
“Gun owners are concerned, and they should be,” Pratt continued. “We see people running to gun stores to buy firearms and ammunition.
“If Obama wants to ban it, they want to buy it,” he added.
Smith & Wesson’s stock has soared nearly 50 percent since Obama first floated the idea of taking executive action on guns back in October. Shares of Sturm, Ruger & Co. have risen at a decent pace of about 13 percent since that time.
Over the last several years, under Obama, Smith & Wesson’s stock is up over 900%.
The FBI was flooded with a record number of requests for background checks last year, including more than 3.3 million in December, following the terrorist attacks in Paris and San Bernardino, Calif.
He’s even getting recognized for his achievement.
He’s a laughing stock, crocodile tears and all.
Here’s one high profile Hollywood star who was forced to buy a gun he didn’t even want.
— James Woods (@RealJamesWoods) December 7, 2015
— James Woods (@RealJamesWoods) January 5, 2016
That’s the exact reason I joined the NRA and bought a gun! I was fairly anti-gun until Obama came along but now I get it.