Gun fallout already happening

[zachary]

http://money.cnn.com/2012/12/18/news...html?hpt=hp_t1


Cerberus to sell freedom group who manufactures Bushmaster





http://www.cnn.com/2012/12/18/justice/connecticut-dicks-guns/index.html?hpt=hp_t1


Dicks sporting goods to stop carrying certain weapons effective immediately

[Sgt Beavis]

Private equity firm Cerberus has put U.S. firearms maker Freedom Group up for sale following Friday's killing of 20 children and 6 adults at the Sandy Hook school shooting in Connecticut.
Freedom Group includes Bushmaster, maker of the rifle used in the shooting at the school in Newtown. Cerberus bought Bushmaster in 2006 before adding another 10 makers of firearms, ammunition and accessories to the group.

Wasn't it already established that this jerkwad left the Bushmaster behind and used handguns instead? Or did the media get that wrong too?

[Lason]

Wasn't it already established that this jerkwad left the Bushmaster behind and used handguns instead? Or did the media get that wrong too?

All initial reports said he took the glock and sig in with him and left the AR in the backseat but now they are saying he took it in. I firmly believe the AR wasnt even used but the liberal media has ran with it to further their cause.

[TEAMJACOB]

http://www.dfwmustangs.net/forums/showthread.php?t=39385

[Strychnine]

Nothing more than a knee-jerk reaction.

With big investors like the California teachers retirement fund (or whatever its called) they are just trying to appease their backers. Someone else will step up and pick up the stuff that's for sale.

They are dumping it due to the emotion and hype thanks to the media at a time when gun sales have probably never been higher. S-M-R-T.






*tin foil*
Unless they know about some legislation on the horizon...

[The King]

Cerberus is simply getting out while the getting is good. Any smart investor might very well do the same for financial reasons.

[Sgt Beavis]

Cerberus is simply getting out while the getting is good. Any smart investor might very well do the same for financial reasons.

I'd have to agree. Cerberus is doing what is best for their investors. They don't care about the debate, they just don't want to be in the middle of it.

If they were taking sides on the debate, they would simply close the entire business down so they never make weapons again.

[slow99]

Dfwm investing gurus in here please.

[zachary]

More, bad show anyway though...

http://www.foxnews.com/entertainment...ntcmp=features

[Lason]

Cerberus is simply getting out while the getting is good. Any smart investor might very well do the same for financial reasons.

I would think it would be best to stay in untill the surge of people buying died down. Im sure AR makers are making hand over fist right now.

[The King]

I would think it would be best to stay in untill the surge of people buying died down. Im sure AR makers are making hand over fist right now.

It could be, and like Strychnine posted emotion drives the actions of many investors. I did see a crawler claiming that S&W dropped 10%, perhaps setting the stage for a future buy opportunity.

[slow99]

Investments have been trading on 2014 numbers for months. Some Q4'12 1x spike doesn't mean shit if guidance is down.

[BlackGT]

I have never purchased a gun from Dick's, and with how they are reacting to media scrutiny, I probably never will...

[Strychnine]

Note to self: Avoid threads with a hint of ecomonics in them as you are probably mistaken. Read many leather bound books on the subject. Reevaluate in the far future.

[Nash B.]

Dfwm investing gurus in here please.

Buy low, sell high. That's all there is to it.