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Old 02-13-2018, 08:35 AM   #1
ZO6Vettever
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Question Amid declining sales, Remington prepares for bankruptcy

Despite years of boom times selling its wares to a nation eager to buy guns after mass shootings, one of the largest weapons manufacturers is planning to file for bankruptcy.

Its decline comes as it has suffered slumping sales along with other major manufacturers such as Smith & Wesson and Ruger.

Sales and stock prices surged during the Obama administration, with repeated mass shootings perversely leading to more weapons purchases after fears that the carnage would lead to regulations on Americans? ability to wield high powered weapons of war.

That bubble has since popped after the election of President Trump, with little likelihood of passing gun control through a Republican-controlled Congress and White House.
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Old 02-13-2018, 03:14 PM   #2
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It's a sad thing when doing the right thing causes gun companies to go bottoms up. Don't get complacent though. Bloomberg, George Soros and other rich people are backing many anti-gun candidates for the mid-term elections.
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Old 02-22-2018, 09:25 AM   #3
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I just got a look at the Remington 870 tactical pistol grip 12 gauge. Guns like that may be why they have "suffered slumping sales." It looks like a futuristic butt ugly police car shottie!
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Old 02-23-2018, 08:16 AM   #4
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Part of Remington's problem is quality control. The quality just not what it used to be. I'd still buy the older ones, but not a new one.
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Old 02-25-2018, 08:55 AM   #5
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Whatever the reason it's too bad to loose Remington.
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Old 02-25-2018, 09:33 AM   #6
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Quote:
Originally Posted by ZO6Vettever View Post
I just got a look at the Remington 870 tactical pistol grip 12 gauge. It looks like a futuristic butt ugly police car shottie!
It could like my sister in law for all I care, but unlike her it has to work 1st time every time.
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Old 02-25-2018, 11:47 AM   #7
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Quote:
Originally Posted by ZO6Vettever View Post
I just got a look at the Remington 870 tactical pistol grip 12 gauge. Guns like that may be why they have "suffered slumping sales." It looks like a futuristic butt ugly police car shottie!
Imagine a guy with 3 Glocks calling another weapon "butt ugly"
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Old 02-25-2018, 08:12 PM   #8
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Quote:
Originally Posted by ZO6Vettever View Post
Imagine a guy with 3 Glocks calling another weapon "butt ugly"
Good point Vetter.
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Old 02-26-2018, 08:19 AM   #9
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Ugly is as ugly does. You don't need a pump shot gun with style and beauty points.
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Old 02-26-2018, 06:19 PM   #10
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Ugly is as ugly does. You don't need a pump shot gun with style and beauty points.
Agreed! I have a black Browning BPS riot gun and it's pretty ooogley.
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