Sturgeon Posted June 15, 2015 Report Share Posted June 15, 2015 Colt files Chapter 11. Quote Link to comment Share on other sites More sharing options...
Belesarius Posted June 15, 2015 Report Share Posted June 15, 2015 How far the mighty have fallen. Virdea 1 Quote Link to comment Share on other sites More sharing options...
Meplat Posted June 15, 2015 Report Share Posted June 15, 2015 What is this, the second or third time for Chapter 11? Quote Link to comment Share on other sites More sharing options...
Virdea Posted June 15, 2015 Report Share Posted June 15, 2015 There is a theory that the US is actually overstocked for firearms. If hoarders released even a part of the stocks of weapons they are holding waiting for legislation to drive prices us, then the market would crash all but the rare and historical weapons. Much of these stocks are ARs, AKs, and 9mm handguns, which it is hard to see becoming rare enough to double their value. This is not to say firearms are not a good investment. A well selected portfolio will beat inflation and can be rapidly converted. However Colt and a lot of other manufactures are showing that without military contracts, there is not enough civilian demand to keep them going. Quote Link to comment Share on other sites More sharing options...
Meplat Posted June 15, 2015 Report Share Posted June 15, 2015 Another angle is "What is Colt known best for?".. Then note how many other companies make the same firearms. Virdea 1 Quote Link to comment Share on other sites More sharing options...
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