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this seems stupid and short sighted considering FIREARMS manufacturers are the only business thats booming in the U.S. right now.
 

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Yeah, you can really respect those school teachers in Kolifornia. Not long ago I saw video of them demonstrating with the American Communist Party among them and one of them dropped their flag and it was picked up by a teacher who waived it around zealously. What's left to say? Cerberus is making themselves look like money grubbing scared fools and are giving in to blackmail. I'd buy Bushmaster in a NY minute. The good thing is the school teachers will lose money on the deal.
 

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The Liberals will be into something else in time. ABC News just did a report on the millions of new gun owners. People who never owned firearms are buying guns of all types. These outfits like Dicks, CTD Etc. and a few DA politicans are going to be damn sorry. Gun owners and NRA members never forget. We will be waiting for you guys down on the corner.:eek:
 

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This is getting nasty. Sturm Ruger stock is down $15 in about a week from $45 to $30 and Smith & Wesson is also down. At this point if will be interesting to see how much of a bath the hedge fund is willing to take to sell.

Like the pressure being put on Dick's and CTD, this is getting to be a rock rolling downhill. A buisiness rarely makes that kind of a decision, particulary on something that is selling strongly, without some kind of immense pressure from somewhere. A CEO could jeopardize his job by making this kind of decision without considering consequences. This had to be investor driven also.

Companies losing 1/3 of their value in a week will shake up investors and lenders, and potentially threaten the amount of cash that the company has to do business with. If this continues, Sturm Ruger could have some drastic decisions and actions to take.
 

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Now is the time to buy S&W and Ruger stocks. One or two days down in a strong market is an open door. NRA Membership is growing by 8,000 per day and the Gallop Polls out today show Americans not in favor of more gun control. Firearms sales are breaking all records.:)

Back in the 1960s the big gun dealers were Sears, JCP, Kliens and wards. They bailed after the JFK murder. Have you ever missed them? No we got Midway, Cabelas, Midsouth etc. much more shooter friendly.

Don't throw your rifle down and run this is not the French Army.:D
 

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Another take from Mother Jones

Mother Jones
Bushmaster's Corporate Overlords Leaving the Gun Business
Thank public-sector workers in a big blue state.

By Adam Weinstein | Tue Dec. 18, 2012 2:51 PM PST

The big-money buyout firm behind Bushmaster and many other gunmakers is getting out of the firearms business—and thanks may be due to public-sector workers in one of America's bluest states.

Chances are you didn't even know that Cerberus Capital Management, the Dan Quayle-employing [1], Manhattan-based private equity group that famously took a bath [2] on Chrysler during the auto bailout, owned 15 gun manufacturers with $238 million in total sales last quarter [3]—including Bushmaster, which produced the assault rifle that was Adam Lanza's weapon of choice in Newtown last Friday. Cerberus managed this "family of companies [4]" through a shell called Freedom Group, which grew so large that some rank-and-file NRA members [5] feared a mysterious anti-gun purchaser was buying up the companies just to shut them down.

The NRA eventually issued a statement [6] vouching for Cerberus, writing that the "owners and investors involved are strong supporters of the Second Amendment and are avid hunters and shooters." That may be true, but now they're getting out of the gun business. Even private equity investors have to answer to their funders, and one of Cerberus' biggest investors said Monday that after the Newtown shooting, it was "reviewing its investment" in the group. That investor is the California State Teachers' Retirement System (CalSTRS), which has pumped $751.4 million into Cerberus, according to Reuters [7]. Perhaps public school teachers in San Pablo and Reseda don't want to pad their retirements by investing in Remington, Barnes Bullets, and Advanced Armaments.*

As a result of these financial pressures, Cerberus decided last night to ditch its gun operations. "We do not believe that Freedom Group or any single company or individual can prevent senseless violence or the illegal use or procurement of firearms and ammunition," Cerberus claimed in a statement to Politicker.com [8] last night, but the firm acknowledged that there "are, however, actions that we as a firm can take. Accordingly, we have determined to immediately engage in a formal process to sell our investment in Freedom Group." The decision, Cerberus stated, "allows us to meet our obligations to the investors whose interests we are entrusted to protect."

The move lends some credence to commentators who say that this time, after this tragic mass shooting, public demand for gun reforms might lead somewhere. The horror factor of the Newtown murders was unprecedented—and Cerberus' move was unprecedented, too. Maybe even more unprecedented changes are ahead of us.

Correction: The original version of this article incorrectly stated that Walmart had pulled Bushmaster firearms from its shelves, contributing to Cerberus' decision to sell its gun holdings. In fact, Walmart only removed the particular Bushmaster gun used by Lanza from its website; it is still selling that weapon and other products from the company.
 

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Gun owners would be doing more by buying stock in firearms companies then hoarding large cap mags. I bought $5,000 dollars worth of Arms company stocks today. That was taken from the CTU.:D
 

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Gun owners would be doing more by buying stock in firearms companies then hoarding large cap mags. I bought $5,000 dollars worth of Arms company stocks today. That was taken from the CTU.:D
Totally agree here. If you have the money then buy up gun stocks, especially the ones that the Freedom Group/Cerberus is selling. Maybe then we could straighten out the problems with their products;).
 
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