Earlier quoted context omitted.
The dream and goal of every tyrant and despot ever is to reduce the martial capacity of their "subjects".
The dream of every gun nut is to imagine they live in a world where they gotta pack that go bag and ammo and head down to the Capitol to stop the steal.
Czech gunmaker CZG buys Colt in cash and stock deal
41–50 of 344 posts
Re: Czech gunmaker CZG buys Colt in cash and stock deal
#42Earlier quoted context omitted.
Apple could just have bought the music industry when they launched iTunes. The value, and in some cases the profit, of tech companies are weird outliers in the business world.
I'm now trying to picture what an Apple handgun would look like
Re: Czech gunmaker CZG buys Colt in cash and stock deal
#43Earlier quoted context omitted.
“Beware of he who would deny you access to information, for in his heart he dreams himself your master.” With 3d printed guns already a reality (I have seen designs for completely printed models, including the bolt carrier), the cat is out of the bag.
Don’t 3D printed guns have a not insignificant chance of blowing the user up? Seems like a big commitment to using one.
It's not hard to build a reliable firearm with fairly little skill. In the United States, it's not even illegal to do so.
Re: Czech gunmaker CZG buys Colt in cash and stock deal
#44Earlier quoted context omitted.
Apple could just have bought the music industry when they launched iTunes. The value, and in some cases the profit, of tech companies are weird outliers in the business world.
I'm now trying to picture what an Apple handgun would look like
Re: Czech gunmaker CZG buys Colt in cash and stock deal
#45Earlier quoted context omitted.
The dream of every gun nut is to imagine they live in a world where they gotta pack that go bag and ammo and head down to the Capitol to stop the steal.
It's the second amendment for a reason. Modern America is a historical anomaly. And as inequality grows here in America and we slowly but surely descend back to what has been the default state of humanity for thousands of years...with a few rich and powerful with their neck on the rest of society who is poor...we'll be glad the average citizen has guns to fight back at some point. There's a saying: History repeats it…
Re: Czech gunmaker CZG buys Colt in cash and stock deal
#46I do not know much about how good Colt is doing, but isn't 220mil plus 18mil in stocks a bit cheap?
I'd argue it's still a little high, most of these companies are on the wane. Guns in the US are near saturation from a market perspective and regulatory changes will eventually kick the floor out. Time to cash out... It's like when Phillip Morris bought Kraft and General Foods in the 80s to spin them off later when tobacco regulation came.
As to regulatory changes: support for a handgun ban is the lowest its been since Gallup started tracking the statistic in 1959: https://news.gallup.com/poll/150341/record-low-favor-handgun.... It's just 26% today, versus 60% in 1959.
Unlike with tobacco, there's no big scientific study or educational campaign that's going to drop. Guns are a well-ventilated issue.
Re: Czech gunmaker CZG buys Colt in cash and stock deal
#47I do not know much about how good Colt is doing, but isn't 220mil plus 18mil in stocks a bit cheap?
I'd argue it's still a little high, most of these companies are on the wane. Guns in the US are near saturation from a market perspective and regulatory changes will eventually kick the floor out. Time to cash out... It's like when Phillip Morris bought Kraft and General Foods in the 80s to spin them off later when tobacco regulation came.
The statistics show record gun sales. More and more Americans are becoming firearms owners for the first time, and existing owners are expanding their collections.
Re: Czech gunmaker CZG buys Colt in cash and stock deal
#48Earlier quoted context omitted.
But still, that means several of those highly-valued SV companies could afford to buy most gunmakers in existence...
Apple could just have bought the music industry when they launched iTunes. The value, and in some cases the profit, of tech companies are weird outliers in the business world.
I can't easily find the valuation of Sony BMG or EMI at the time.
Re: Czech gunmaker CZG buys Colt in cash and stock deal
#49Re: Czech gunmaker CZG buys Colt in cash and stock deal
#50Doesn't seem like a lot of money. Shame somebody didn't buy it and shutter it. Less guns in the world is better for everyone.