I could see someone like FN, S&W, or Freedom Group buying them out. Could be a good thing or bad thing, depending on who buys them. But then again the AR market is saturated, there are over 20 some companies that make a version of the AR, so I wouldn't be surprised if they did go under. Right now, its cheaper to build your own AR, than to buy one complete. If Colt does go under, than the 4 Colts I have in my safe will eventually triple in value, and all except for one, I have never fired. Like someone else mentioned, Colt would be worth more dead than still in business.
I just picked up my last Colt the other day. Another 6920, Im leaving it in the box still in the wrapper. I figure its a good investment opportunity.
Either way for me its a win win!!!, but it is a shame they are in this situation.