Gun company goes broke because of Trump

[JenniferG]

I think the campaign slogan for Bitter Biden/Pocahontas should be "We'll destroy the economy in no time".

[raxar]

Sounds like they took a gamble and it didn't pay off. Trump had nothing to do with it...greed, pure and simple.

It isn't greed, it would have been incredibly foolish to not bump up your inventory before the 2016 election. Does nobody remember what stuff was like after sandyhook?

[RenoV8]

It isn't greed, it would have been incredibly foolish to not bump up your inventory before the 2016 election. Does nobody remember what stuff was like after sandyhook?

Look at the amount of money they took out in loans...it was irresponsible..note a hedge fund is the owner of the company...they tried to leverage their position and lost...greed.

[McSull]

Thet wanted to sell us guns at massive markups. Tough shit.

[Delkal]

The company expected higher sales but Clinton lost the election. Johnson said sales fell from an average of $885.3 million from 2012 to 2016 to $557 million in 2018.

So a company with over a half billion in sales goes under and its because of Trump or Clinton? Not even close. Just poor management and I read some articles that an equity holding company siphoned off a quarter Billion.

But an evil gun distributor going under because of they bet on Clinton make better clickbait.

[normanvin]

It isn't greed, it would have been incredibly foolish to not bump up your inventory before the 2016 election. Does nobody remember what stuff was like after sandyhook?

They gambled and lost. Of course it took them two years to realize it.

[JenniferG]

Gun companies now backing Bitter Biden/Pocahontas, gun sales are too slow. Trump is a poor gun salesman unlike his predecessor who was the best gun salesman in history. Dump Trump vote Bitter Biden/Pocahontas 2020. The 2nd amendment will be their first priority.

[father-of-five]

I was still quietly hoping for the return of the $99 Nagant revolver. Oh well.....

[ideaman]

Guns = power. Criminals use guns to PERSUADE people to give them money or do what ever they say. Shouldn't the law-abiding people PERSUADE the Constitution be AS WRITTEN?

[ditch]

I love the free market. Bad decisions are dealt with by a better allocation of resources by someone else.
Speculation is high risk, high reward. Sometimes you get burned.