Financial analyst calls bump stocks the ‘sacrificial lamb’
By Christen Smith
Bump stocks gained notoriety after the Las Vegas shooting. (Photo: Slide Fire Solutions/Facebook)
As major retailers, elected officials and industry leaders continue their quick back step away from bump stocks, one financial analyst said this week the gun modifiers and their chief manufacturer, Slide Fire Solutions, have become the “sacrificial lamb” of the Las Vegas shooting.
“After any horrible event, people need something or someone to blame,” said Maksim Netrebov, founder of New Jersey-based Maks Financial Services and contributor at Seeking Alpha, in an analysis of gun stocks Monday. “It seems that sacrificial lamb has already been found and slaughtered with the blessing of the firearms community and the NRA, Slide Fire Solutions and their bump-fire stocks.”
Bump stocks, a legal gun modification that increases the rate of fire, soared from obscurity into national headlines last week after the Bureau of Alcohol, Tobacco, Firearms and Explosives confirmed 12 of the modifiers were found in the Las Vegas gunman’s two-room suite on the 32nd floor of Mandalay Bay and Casino.
Typically retailing for as little $99, major retailers, including Walmart and Cabela’s, pulled the devices from store shelves in the days after the shooting. SlideFire Solutions, a Texas-based bump stock manufacturer, temporarily halted new orders. Requests for comment