Colt Teetering On the Brink of Bankrupcy [Archive] - Colorado AR-15 Shooters Club Discussion Forums

Mtn.man

11-18-2014, 18:29

http://www.thetruthaboutguns.com/2014/11/foghorn/colt-teetering-brink-bankrupcy/

sniper7

11-18-2014, 19:07

Wow, didn't expect that one. Then again they did turn their backs on the commercial consumer for years.

KestrelBike

11-18-2014, 22:35

Wow, didn't expect that one. Then again they did turn their backs on the commercial consumer for years.

I love when big companies think they can ignore the little consumer because they have high & mighty government/national contracts. And then the tides change and the shoe drops. Lookin' at you, H&K.

SideShow Bob

11-18-2014, 22:45

Isn't this " Colt going bankrupt " a news headline brought up by some "expert" every couple of years for a long time now ?

ZERO THEORY

11-18-2014, 23:01

Time to buy a 6920 LW and sleep on it.

KAPA

11-18-2014, 23:39

Maybe if they would sell their 6920s with 10 round mags they could sell one. Since July 1 of last year, I have not seen a single one for a reasonable price. Walmart used to have them stocked when there wasn't a panic buy going on. Sig has been able to sell their AR with 10 round mags and I have to say it is a great gun!

Brian

11-19-2014, 02:37

Maybe if they would sell their 6920s with 10 round mags they could sell one. Since July 1 of last year, I have not seen a single one for a reasonable price. Walmart used to have them stocked when there wasn't a panic buy going on. Sig has been able to sell their AR with 10 round mags and I have to say it is a great gun!

6920s have been going for super cheap for a while now. But not with the 10rd config. :(

Big John

11-19-2014, 06:14

The whole gun industry is pretty much hurting right now. This is the correction from the panic that we (the consumer) have been waiting for.

While retailers made a fortune during the panic, I'm thinking that said retailers are going to be worse off than they would have been had it not happened.

ray1970

11-19-2014, 06:20

It's OK. As the ultimate act of hipocracy, Obama will probably bail the company out like he did the auto makers.

HoneyBadger

11-19-2014, 12:12

It's OK. As the ultimate act of hipocracy, Obama will probably bail the company out like he did the auto makers.
hahahahahahahahahahaha... Are you on drugs or what??

KAPA

11-19-2014, 12:24

6920s have been going for super cheap for a while now. But not with the 10rd config. :(
Not in Colorado.

Zombie Steve

11-19-2014, 12:50

Someone will buy the name, same as Springfield, Smith & Wesson, Winchester...

nogaroheli

11-19-2014, 13:55

I just read they got a very large influx of cash and will live to see another day without default.

Brian

11-19-2014, 15:49

I just read they got a very large influx of cash and will live to see another day without default.

Woohoo thanks Morgan Stanley!

On the other hand, I was looking forward to $500 6920s. Oh well.