[aimhigh]

delays in payment for government contracts?

[rdcbn]

Sequester

[combat_boots]

The fedgov wouldn’t do that to Colt, now, would it?

[SkyPilot]

I wish I had a Colt Python.

[catnipman]

article was written by idiots. they confuse “junk bonds” with “junk stock” (no such thing), and sales losses with operating losses regarding their statements about Ruger and Smith.

[puppypusher]

Maybe Colt could stay in business if they’d leave Connecticut.Production would be cheaper and more efficient elsewhere.Like a real Pro 2nd Amendment State.

[FunkyZero]

Dangit, I better cough up the bucks for that Woodsman I’ve been wanting before the price of anything with “Colt” on it goes even higher than it already is. Dont ask me why, I’ve just always wanted one for some reason

[sgtyork]

Hope this isn’t fallout from that DOJ banking scheme.

[bert]

In days gone by, I had to call the woman cutting checks at the State department and beg her to pay my bills

She always paid but not on time

[ColdSteelTalon]

Colt should have gotten away from the government nipple long ago. The government since its being ran by left wing fascists is going to screw an arms manufacturer.

[Seruzawa]

Now, why would a producer of over priced firearms be in trouble?

[Parley Baer]

I have a number of Colt Single Actions. The earliest is one from 1876 in 45 Colt. Next is a Henry Nettleton Cavalry from 1878. The latest are the 3rd generations. I have some variations of the 1911’s and so on.

[dangus]

Operation chokepoint?

[DCBryan1]

CLTDEF 8 3/4% bonds due 11/2017 were trading in the 40s today before I left. Sold them to clients at 55 2 yrs ago and got them out around 85. YTM=40%+. CC+ rated (very speculative). If they don’t pay tommorrows coupon, they are in default. Don’t expect to to get the next 5 coupons, and don’t expect a 102 call.

[SVTCobra03]

Maybe one could pick up some of their AR’s at fire sale prices.

[Paulie]

I caught that too. Clearly intentional.

I wish we would just get on with it.

[NonValueAdded]

I guess their political contributions weren’t up to snuff.

[KeyLargo]

Will they have a sale?

[Sirius Lee]

Ii don’t recall Colt making much of a fuss over Malloy’s gun grab. Had they threatened to move out of state, and then followed through, they might have retained civilian patrons to buy their wares at a time when military orders are drawing down.