Pennsylvania Firearm Owners Association
Page 1 of 2 12 LastLast
Results 1 to 10 of 15
  1. #1
    Join Date
    Mar 2006
    Location
    se, Pennsylvania
    (Bucks County)
    Posts
    249
    Rep Power
    1844155

    Default Sad times - Gun Companies abandoning themselves

    .


    Like cutting off an arm to save the body I guess?



    American Outdoor to Split Into Two Firms, Separating Its Gun Business

    American Outdoor Brands Corp. said it will split into two publicly traded companies, one focused on firearms and the other on outdoor products, in an effort to reverse a stock-market decline amid rising pressure for tougher U.S. gun restrictions.

    https://www.bloomberg.com/news/artic...sales-pressure
    Last edited by crffl; November 13th, 2019 at 11:14 PM.
    "Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety."- The Papers of Ben Franklin

  2. #2
    Join Date
    Feb 2015
    Location
    Montco, Pennsylvania
    (Montgomery County)
    Posts
    392
    Rep Power
    16659245

    Default Re: Sad times - Gun Companies abandoning themselves

    Hmmm, a former coworker is there now. I wonder which way she'll go.

  3. #3
    Join Date
    Apr 2013
    Location
    Glockin, Pennsylvania
    (Montgomery County)
    Posts
    2,654
    Rep Power
    21474845

    Default Re: Sad times - Gun Companies abandoning themselves

    Good protection from lawsuits too I suppose...

  4. #4
    Join Date
    May 2010
    Location
    Scenery Hill, Pennsylvania
    (Washington County)
    Age
    31
    Posts
    2,148
    Rep Power
    16161043

    Default Re: Sad times - Gun Companies abandoning themselves

    I think this is a standard business practice that is being politicized by bloomberg media to give the impression that anti-gun culture has more traction and clout than it really does.

  5. #5
    Join Date
    Oct 2007
    Location
    Phoenixville, Pennsylvania
    (Chester County)
    Posts
    359
    Rep Power
    13680525

    Default Re: Sad times - Gun Companies abandoning themselves

    Anybody know how it will work? I bought S&W stock years ago for political as well as financial reasons. That became American Outdoor brands stock with the merger. With the split, will I now get S&W stock back? I don't want to own American Outdoor Brands stock.

  6. #6
    Join Date
    Aug 2009
    Location
    bloomsburg, Pennsylvania
    (Columbia County)
    Posts
    1,033
    Rep Power
    21474848

    Default Re: Sad times - Gun Companies abandoning themselves

    I was keeping track of S&W stock when it was known as the Smith and Wesson holding company (SWHC). The night Trump won the election the stock crashed. It went from approx $30.00 a share to $15-$20.00 overnight. It sank even lower since then and now is approx $7.00 a share.

    I'm no insider, but I suspect the stock was inflated prior to the 2016 election when stockholders anticipated Hillary winning thus creating a gun buying panic. They changed the stock name to American Outdoors brand Corp. AOBC about two years ago. That didn't help the stock either.

    It could be that the recent supreme court decision not to take the Sandy Hook case had some influence on this matter. However with a market that is flooded with AR 15s and striker fired handguns, S&W failure to gain any military contracts , Police Departments seem to favor Glock or SIG, and their failure in create anything new or ground breaking could also be the reason for their stock decline.

    The best salesman S&W ever had was Dirty Harry.

  7. #7
    Join Date
    Feb 2013
    Location
    Upper Darby, Pennsylvania
    (Delaware County)
    Age
    53
    Posts
    3,795
    Rep Power
    21474846

    Default Re: Sad times - Gun Companies abandoning themselves

    Quote Originally Posted by eagleclaw View Post
    The best salesman S&W ever had was Dirty Harry.

  8. #8
    Join Date
    Feb 2013
    Location
    Ercildoun, Pennsylvania
    (Chester County)
    Posts
    3,873
    Rep Power
    21474846

    Default Re: Sad times - Gun Companies abandoning themselves

    Smith could boost sales quickly on revolvers. All they need to do is get rid of the hole.
    The path that leads to truth is littered with the bodies of the ignorant

  9. #9
    Join Date
    Jul 2013
    Location
    Mohnton, Pennsylvania
    (Berks County)
    Posts
    6,089
    Rep Power
    21474849

    Default Re: Sad times - Gun Companies abandoning themselves

    Quote Originally Posted by sbmania View Post
    Anybody know how it will work? I bought S&W stock years ago for political as well as financial reasons. That became American Outdoor brands stock with the merger. With the split, will I now get S&W stock back? I don't want to own American Outdoor Brands stock.
    You’ll most likely get shares of both new companies and s&we won’t be spun out alone. If you don’t want to own AOB sell them.
    The Gun is the Badge of a Free Man

  10. #10
    Join Date
    Jul 2013
    Location
    Mohnton, Pennsylvania
    (Berks County)
    Posts
    6,089
    Rep Power
    21474849

    Default Re: Sad times - Gun Companies abandoning themselves

    Quote Originally Posted by JenniferG View Post
    Smith could boost sales quickly on revolvers. All they need to do is get rid of the hole.
    Where would the bullets come out of?
    The Gun is the Badge of a Free Man

Page 1 of 2 12 LastLast

Similar Threads

  1. Construction companies and 2A
    By eddyb74 in forum Concealed & Open Carry
    Replies: 7
    Last Post: April 18th, 2011, 01:32 PM
  2. Is Obama abandoning Virginia
    By ALS in forum General
    Replies: 1
    Last Post: September 16th, 2008, 10:50 PM
  3. PA companies!
    By vetter3006 in forum General
    Replies: 21
    Last Post: December 17th, 2007, 06:03 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Local gun shops | Local shooting ranges | Philadelphia Shooting Ranges | Philadelphia Gun Shops | Pittsburgh Shooting Ranges | Pittsburgh Gun Shops