User Panel
Posted: 11/2/2015 2:00:48 PM EDT
I still see a lot of NIB Colt AR15s out there.
Are they operating while in bankruptcy ? My taste in AR15s started with Colt but wandered off to the "exotics" only to return to Colt in the last couple of years. If they are defunct I'd like to stock up on a few now. |
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I hear that they still intend to proceed with bankruptcy. But, come on man, it certainly doesn't mean the end of Colt. They are going to get rid of legacy expenses and restructure the company. I doubt that there will be a lapse in their firearm production.
You don't need a reason to buy another Colt. Just do it. |
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No. They filed for chapter 11 bankruptcy protection earlier this year, but received a $212 million ID/IQ contract to supply rifles to the military.
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If you think this is the first time Colt has been in this situation I have beachfront property to sell you.
They always come back |
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Dang. I bought into the scare and threw some money into the only AR901 I could find, I had been planning on getting one in the future but I bought it earlier than I wanted to, overpaid for it too. I scrounged the funds to get that specific model. Oh well, what can I do... I still love the rifle.
Next time I'll know better. |
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No, but Colt is in Bankruptcy and Moody rates Colt's corporate bonds as Junk.
There are other well built AR's out there that are not facing Bankruptcy or Junk bond ratings. Would you buy a Truck / Car from a bankrupt company? On a good note...Colt just got a $212 million dollar contract to split with FN for M4's. Not determined how much each company gets. Will that be enough to save Colt? I don't think so. But time tells all. Think before you spend your hard earned money. John |
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Quoted: If you think this is the first time Colt has been in this situation I have beachfront property to sell you. They always come back View Quote I'm still waiting for Winchester to shed their (Henry) zombie suit. |
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Dang. I bought into the scare and threw some money into the only AR901 I could find, I had been planning on getting one in the future but I bought it earlier than I wanted to, overpaid for it too. I scrounged the funds to get that specific model. Oh well, what can I do... I still love the rifle. Next time I'll know better. View Quote I would not beat yourself up over it. By about August or September next year, you can sell it off for a nice profit during the Hillary election panic. |
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Chili's just filed bankruptcy protection too. The public will never know or care about it.
Quiznos filed back in 2010, they are still around. It's a business decision used to consolidate debt. Most companies use it as a tool to get stronger. |
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doesnt this happen to colt every few years?
Guess thats what happens when a company treats regular reliable customers like private civilians like s**t and dedicates its self to gov sales. Everything is super great until the war ends and they cut orders for rifles. |
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The reports of Colt's death have been greatly exaggerated.... View Quote Yep, just like everything else about them. Why would you spend money on a product from such a poorly run company. There are so many good ones out there nowdays for less money.. Without the government trough too feed from they are loosers. |
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Yep, just like everything else about them. Why would you spend money on a product from such a poorly run company. There are so many good ones out there nowdays for less money.. Without the government trough too feed from they are loosers. View Quote View All Quotes View All Quotes Quoted:
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The reports of Colt's death have been greatly exaggerated.... Yep, just like everything else about them. Why would you spend money on a product from such a poorly run company. There are so many good ones out there nowdays for less money.. Without the government trough too feed from they are loosers. You hit the nail on the head. The AR world has gotten so much bigger and better then the day of only buy ABC. Some newbies won't even know what ABC is A few years back if you wrote a post like this you would of been banned for life But now more informed ARFCOM members are starting to realize that there i are AR companies out there that make some great AR's and they have great customer service and they don't have Colt engraved on them. Sad to see another great American company slowly die off. |
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No, but Colt is in Bankruptcy and Moody rates Colt's corporate bonds as Junk. There are other well built AR's out there that are not facing Bankruptcy or Junk bond ratings. Would you buy a Truck / Car from a bankrupt company? On a good note...Colt just got a $212 million dollar contract to split with FN for M4's. Not determined how much each company gets. Will that be enough to save Colt? I don't think so. But time tells all. Think before you spend your hard earned money. John View Quote |
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No, but Colt is in Bankruptcy and Moody rates Colt's corporate bonds as Junk. There are other well built AR's out there that are not facing Bankruptcy or Junk bond ratings. Would you buy a Truck / Car from a bankrupt company? On a good note...Colt just got a $212 million dollar contract to split with FN for M4's. Not determined how much each company gets. Will that be enough to save Colt? I don't think so. But time tells all. Think before you spend your hard earned money. John View Quote Yeah anyone who buys a Chevy or Chrysler are fools. |
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Yeah anyone who buys a Chevy or Chrysler are fools. View Quote View All Quotes View All Quotes Quoted:
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No, but Colt is in Bankruptcy and Moody rates Colt's corporate bonds as Junk. There are other well built AR's out there that are not facing Bankruptcy or Junk bond ratings. Would you buy a Truck / Car from a bankrupt company? On a good note...Colt just got a $212 million dollar contract to split with FN for M4's. Not determined how much each company gets. Will that be enough to save Colt? I don't think so. But time tells all. Think before you spend your hard earned money. John Yeah anyone who buys a Chevy or Chrysler are fools. Hey its your hard earned money. Buy whatever you like. I would not drop my money on a product manufactured by a bankrupt company. JMHO Most ARFCOM members are highly informed buyers/users !!! John |
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Ha - a couple of you guys are funny ... you are posting here why ?
wait , don't answer - please. |
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Bought two more Colts yesterday just because...
A factory 9mm sbr and another LEO marked 5.56. Purely as a collector I hope they go under. As a capitalist I hope they stick around. |
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Bought two more Colts yesterday just because... A factory 9mm sbr and another LEO marked 5.56. Purely as a collector I hope they go under. As a capitalist I hope they stick around. View Quote Keep buying ! They aren't going away . As for collector value , they will always command higher price due to quality |
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Keep buying ! They aren't going away . As for collector value , they will always command higher price due to quality View Quote View All Quotes View All Quotes Quoted:
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Bought two more Colts yesterday just because... A factory 9mm sbr and another LEO marked 5.56. Purely as a collector I hope they go under. As a capitalist I hope they stick around. Keep buying ! They aren't going away . As for collector value , they will always command higher price due to quality It's a quality product built by a poorly managed company. The brand will go on. I can fix or replace pretty much whatever breaks so customer service not an issue. |
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Bought two more Colts yesterday just because... A factory 9mm sbr and another LEO marked 5.56. Purely as a collector I hope they go under. As a capitalist I hope they stick around. View Quote Where did you get the factory 9mm SBR? What year was it made? I work for one of the larger Colt distributors and have not seen a Colt factory 9mm SBR. |
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No, but Colt is in Bankruptcy and Moody rates Colt's corporate bonds as Junk. There are other well built AR's out there that are not facing Bankruptcy or Junk bond ratings. Would you buy a Truck / Car from a bankrupt company? On a good note...Colt just got a $212 million dollar contract to split with FN for M4's. Not determined how much each company gets. Will that be enough to save Colt? I don't think so. But time tells all View Quote Is this order for the Marine Corps giving up the M16A4'S?...... |
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Is this order for the Marine Corps giving up the M16A4'S?...... View Quote View All Quotes View All Quotes Quoted:
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No, but Colt is in Bankruptcy and Moody rates Colt's corporate bonds as Junk. There are other well built AR's out there that are not facing Bankruptcy or Junk bond ratings. Would you buy a Truck / Car from a bankrupt company? On a good note...Colt just got a $212 million dollar contract to split with FN for M4's. Not determined how much each company gets. Will that be enough to save Colt? I don't think so. But time tells all Is this order for the Marine Corps giving up the M16A4'S?...... It looks like it's being used to replace aging M4's that have reached there useful lifespan. Usually between 20,000 - 50,000 rounds. |
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No, but Colt is in Bankruptcy It's not the first time Colt (or any other company) has used bankruptcy laws to reorganize debt and union contracts. Colt's been down this road many times. and Moody rates Colt's corporate bonds as Junk. Meh. The financial problems at Colt aren't related to their product or quality. It's their management and ownership bleeding them dry. There are other well built AR's out there that are not facing Bankruptcy or Junk bond ratings. They ain't Colt. Would you buy a Truck / Car from a bankrupt company? Millions of Americans did so in the last eight years.....where have you been? I suppose you never heard of the government bailout of GM & Chrysler in 2009? For fucks sake no one reads the newspaper anymore. On a good note...Colt just got a $212 million dollar contract to split with FN for M4's. Not determined how much each company gets. Will that be enough to save Colt? I don't think so. But time tells all. Think before you spend your hard earned money. OMG the sky is falllllling!!!!!!!!! John View Quote |
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No, but Colt is in Bankruptcy It's not the first time Colt (or any other company) has used bankruptcy laws to reorganize debt and union contracts. Colt's been down this road many times. and Moody rates Colt's corporate bonds as Junk. Meh. The financial problems at Colt aren't related to their product or quality. It's their management and ownership bleeding them dry. There are other well built AR's out there that are not facing Bankruptcy or Junk bond ratings. They ain't Colt. Would you buy a Truck / Car from a bankrupt company? Millions of Americans did so in the last eight years.....where have you been? I suppose you never heard of the government bailout of GM & Chrysler in 2009? For fucks sake no one reads the newspaper anymore. On a good note...Colt just got a $212 million dollar contract to split with FN for M4's. Not determined how much each company gets. Will that be enough to save Colt? I don't think so. But time tells all. Think before you spend your hard earned money. OMG the sky is falllllling!!!!!!!!! John Sky is falling. Really? Hey it's your money. Do what you want. But a lot of ARFCOM members are looking at other options when it comes to buying quality AR15's The ABC theory of buying a quality AR is so 1990's ARFCOM has done a great job at educating AR consumers. Like the jungle only the strong survive. Will Colt survive? Time will tell. Detective Special - Dead Python - Dead Anoconda - Dead Agent - Dead Trooper - Dead 2000 - Dead Cobra - Dead Diamondback - Dead And the list could go on !!! Bad news is we could lose another great American Company. Good news is we might own collectors items. |
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I Sky is falling. Really? Hey it's your money. Do what you want. But a lot of ARFCOM members are looking at other options when it comes to buying quality AR15's The ABC theory of buying a quality AR is so 1990's ARFCOM has done a great job at educating AR consumers. Like the jungle only the strong survive. Will Colt survive? Time will tell. Detective Special - Dead Python - Dead Anoconda - Dead Agent - Dead Trooper - Dead 2000 - Dead Cobra - Dead Diamondback - Dead And the list could go on !!! Bad news is we could lose another great American Company. Good news is we might own collectors items. View Quote View All Quotes View All Quotes Quoted:
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No, but Colt is in Bankruptcy It's not the first time Colt (or any other company) has used bankruptcy laws to reorganize debt and union contracts. Colt's been down this road many times. and Moody rates Colt's corporate bonds as Junk. Meh. The financial problems at Colt aren't related to their product or quality. It's their management and ownership bleeding them dry. There are other well built AR's out there that are not facing Bankruptcy or Junk bond ratings. They ain't Colt. Would you buy a Truck / Car from a bankrupt company? Millions of Americans did so in the last eight years.....where have you been? I suppose you never heard of the government bailout of GM & Chrysler in 2009? For fucks sake no one reads the newspaper anymore. On a good note...Colt just got a $212 million dollar contract to split with FN for M4's. Not determined how much each company gets. Will that be enough to save Colt? I don't think so. But time tells all. Think before you spend your hard earned money. OMG the sky is falllllling!!!!!!!!! John Sky is falling. Really? Hey it's your money. Do what you want. But a lot of ARFCOM members are looking at other options when it comes to buying quality AR15's The ABC theory of buying a quality AR is so 1990's ARFCOM has done a great job at educating AR consumers. Like the jungle only the strong survive. Will Colt survive? Time will tell. Detective Special - Dead Python - Dead Anoconda - Dead Agent - Dead Trooper - Dead 2000 - Dead Cobra - Dead Diamondback - Dead And the list could go on !!! Bad news is we could lose another great American Company. Good news is we might own collectors items. Attempting to make your argument by mentioning "Dead" revolvers is a bit No one with any sense disputes that those were all fine firearms (except for the laughingstock Colt 2000). Calling them "Dead" is more than a bit disingenuous, if not ignorant. Those revolvers died not because of lack of quality, but due to market demands.........police departments stopped buying revolvers in the 1980's in favor of wonder nines. Colt didn't/couldn't/wouldn't put out a handgun or handgun design that could keep up with Glock. And Colt wasn't the only one.....S&W had issues during the Bangor Punta era. It may cause butthurt, but Colt AR's are the standard others are measured by. Most certainly there are better, but a Colt will hold value better than your Windham/Bushmaster/Rock River/DPMS/Ruger/etc. Put your Windham next to a Colt and put a $700 price tag on each.........which do you think will sell first? You love your Windham....we get that. But it will never be a Colt. |
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Dog,
My AR's are not for sale. Is your Colt This might cause you some butt hurt....but the AR market is flooded and i don't think you will get more for your Colt then you paid for it. I unlike you bought my AR to shoot & not as an investment. Everyday that passes there is less and less demand for a Colt AR15's...... this happens as educated AR buyers buy another brand. Same thing that happened to their revolver line. Smith & Wesson & Ruger seem to being making a ton of money on revolvers. Colt would be making a ton of money if they brought back their revolver line. But Colt is managed extremely poor and has not been really good at reading the firearms market this past decade. If you bought your Colt AR as a retirement fund i think your ship has sailed.( Sorry) You should have bought a dozen python' s back in the 80's |
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Dog, My AR's are not for sale. Is your Colt Yes. (I'm a licensed dealer and sell all kinds of guns) This might cause you some butt hurt....but the AR market is flooded and i don't think you will get more for your Colt then you paid for it. You are wholly and completely ignorant of what I paid for my AR's whether they are Colt or not. If you think the AR market is flooded.......all you need to do is wait for the next election cycle. I unlike you bought my AR to shoot not as an investment. You have no fucking idea why I buy guns and what I do or plan to do with them. Everyday that passes there is less and less demand for a Colt AR15's...... this happens as educated AR buyers buy another brand. Of course there is less demand.....all the guys that know something about AR's bought a Colt years ago. They sure as hell ain't buying Windham. There will always be the budget buyers who buy Olympic or Palmetto or Windham. Same thing that happened to their revolver line. Smith & Wesson & Ruger seem to being making a ton of money on revolvers. Colt would be making a ton of money if they brought back their revolver line. But Colt is managed extremely poor and has not been really good at reading the firearms market this past decade. Your ignorance of Colt is appallingly bad. The machinery for making DA revolvers was sold off years ago and the skilled craftsmen are in their eighties and nineties if they ain't dead. Retooling and training for such an endeavor isn't as easy as you believe. If you bought your Colt AR as a retirement fund i think your ship has sailed.( Sorry) You should have bought a dozen python' s back in the 80's I'm not stupid enough to think that any gun is a retirement investment........but I'm also not stupid enough to think a Windham is equal in value to a Colt. View Quote |
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If you bought your Colt AR as a retirement fund i think your ship has sailed.( Sorry) You should have bought a dozen python' s back in the 80's. View Quote All it takes is another panic. In November 2012 a friend bought a Colt 6721 for $800 NIB at the local gun store. In January 2013 it sold for $2,800 during the panic. If he had sold it 2 or 3 weeks earlier, he probably would have gotten $3,500+. Will they go that high again? Maybe. Maybe not. But I think the Colt name will still bring a big premium. There are a LOT of gun show customers that do not read Arfcom and in a panic, most of those will gravitate to Colt as a first choice, whether justified or not. |
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Dog
Sorry i thought you were a fellow gun enthusiast. Only to find out that your a Salesman. Good luck with your 2015 Sales. Hopefully with the upcoming elections your gun sales go through the roof. Try being more open minded with the firearms you sell. There are many quality firearms out there not beginning with a C. John |
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All it takes is another panic. In November 2012 a friend bought a Colt 6721 for $800 NIB at the local gun store. In January 2013 it sold for $2,800 during the panic. If he had sold it 2 or 3 weeks earlier, he probably would have gotten $3,500+. Will they go that high again? Maybe. Maybe not. But I think the Colt name will still bring a big premium. There are a LOT of gun show customers that do not read Arfcom and in a panic, most of those will gravitate to Colt as a first choice, whether justified or not. View Quote View All Quotes View All Quotes Quoted:
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If you bought your Colt AR as a retirement fund i think your ship has sailed.( Sorry) You should have bought a dozen python' s back in the 80's. All it takes is another panic. In November 2012 a friend bought a Colt 6721 for $800 NIB at the local gun store. In January 2013 it sold for $2,800 during the panic. If he had sold it 2 or 3 weeks earlier, he probably would have gotten $3,500+. Will they go that high again? Maybe. Maybe not. But I think the Colt name will still bring a big premium. There are a LOT of gun show customers that do not read Arfcom and in a panic, most of those will gravitate to Colt as a first choice, whether justified or not. You are 100 % right. |
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Dog Sorry i thought you were a fellow gun enthusiast. .I am a gun enthusiast. I've been shooting since I was four. I'm also a schoolteacher and soccer coach. I got my FFL seven years ago because I love guns. Only to find out that your a Salesman Nope.....I'm the CEO, CFO, CIO, receptionist and janitor. The guns sell themselves (especially the Colt's). Nice try at being condescending though.... Good luck with your 2015 Sales. Hopefully with the upcoming elections your gun sales go through the roof. I hope so. I need a new fence. Try being more open minded with the firearms you sell. There are many quality firearms out there not beginning with a C. I know. But that wasn't the point of anything I wrote. The point that is sailing 10' over your head is that a Colt is a better gun than your Windham. It's a better gun now, and will be a better gun in ten years. And it will always be more desirable to a buyer than a Bushmaster/DPMS/Ruger/Windham/etc. John View Quote |
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Doggy
This whole post blew over your head. But that dont suprise me. Have a good night. John |
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Quoted: Dog Sorry i thought you were a fellow gun enthusiast. Only to find out that your a Salesman. Good luck with your 2015 Sales. Hopefully with the upcoming elections your gun sales go through the roof. Try being more open minded with the firearms you sell. There are many quality firearms out there not beginning with a C. John View Quote Why do you troll these forums? |
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Why do you troll these forums? Just trying to help one of your fellow trolls out. He seems a little confused about Colt history and the current status of Colt. A very small amount of ARFCOM members believe there is only one firearms manufacturer. If any one points out that's false. Your accused of being a troll. Remember the OP of this post ask if colt was really Bankrupt? The truth hurts. Colt is really bankrupt. Fact Colts corporate bonds are really rated junk, Fact Colt has extremely poor management, Fact Colt has many disgruntled employees, Fact Quality control is dropping, Fact Colt can no longer demand a premium price. Fact Competition in the AR world is fierce and many are looking at the above facts and deciding to buy something else. Fact. But if you point out facts your a troll. You funny now too. View Quote View All Quotes View All Quotes Quoted:
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Dog Sorry i thought you were a fellow gun enthusiast. Only to find out that your a Salesman. Good luck with your 2015 Sales. Hopefully with the upcoming elections your gun sales go through the roof. Try being more open minded with the firearms you sell. There are many quality firearms out there not beginning with a C. John Why do you troll these forums? Just trying to help one of your fellow trolls out. He seems a little confused about Colt history and the current status of Colt. A very small amount of ARFCOM members believe there is only one firearms manufacturer. If any one points out that's false. Your accused of being a troll. Remember the OP of this post ask if colt was really Bankrupt? The truth hurts. Colt is really bankrupt. Fact Colts corporate bonds are really rated junk, Fact Colt has extremely poor management, Fact Colt has many disgruntled employees, Fact Quality control is dropping, Fact Colt can no longer demand a premium price. Fact Competition in the AR world is fierce and many are looking at the above facts and deciding to buy something else. Fact. But if you point out facts your a troll. You funny now too. |
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Just trying to help one of your fellow trolls out. No, you are a fanboi of the only AR brand you own. He seems a little confused about Colt history Horseshit. I'm more aware of Colt history than you can imagine. and the current status of Colt. No shit Sherlock.....nearly the entire world knows about Colts financial situation IT ISN'T ANYTHING NEW! A very small amount of ARFCOM members believe there is only one firearms manufacturer. Think about why that is. If any one points out that's false. Your accused of being a troll. That's not why some think you to be a troll, it's because you jump into threads and diss Colt while extolling the virtues of...........wait for it......Windham Remember the OP of this post ask if colt was really Bankrupt? The truth hurts. No, it doesn't. You haven't unearthed anything remarkable.....Colt has had financial problems for decades. It has to do with the way ownership (Zilkha/Sciens/etc) played with company financing. Colt is really bankrupt. Fact Who said they weren't? Colts corporate bonds are really rated junk, Fact Colt has extremely poor management, Fact Not on the manufacturing or sales side.....again it's all about the debt burden placed on the company by its ownership. Colt has many disgruntled employees, Fact For fucks sake..........they are disgruntled because they see ownership taking $$$$$$$$$ out of the company and saddling it with $$$$$$$$$$$ debt. It has nothing to do with the product and everything to do with long term viability of the company. Quality control is dropping, Fact Wrong. Colt can no longer demand a premium price. Fact Laughably wrong. Competition in the AR world is fierce and many are looking at the above facts and deciding to buy something else. Fact. But if you point out facts your a troll. You funny now too. View Quote View All Quotes View All Quotes Quoted:
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Dog Sorry i thought you were a fellow gun enthusiast. Only to find out that your a Salesman. Good luck with your 2015 Sales. Hopefully with the upcoming elections your gun sales go through the roof. Try being more open minded with the firearms you sell. There are many quality firearms out there not beginning with a C. John Why do you troll these forums? Just trying to help one of your fellow trolls out. No, you are a fanboi of the only AR brand you own. He seems a little confused about Colt history Horseshit. I'm more aware of Colt history than you can imagine. and the current status of Colt. No shit Sherlock.....nearly the entire world knows about Colts financial situation IT ISN'T ANYTHING NEW! A very small amount of ARFCOM members believe there is only one firearms manufacturer. Think about why that is. If any one points out that's false. Your accused of being a troll. That's not why some think you to be a troll, it's because you jump into threads and diss Colt while extolling the virtues of...........wait for it......Windham Remember the OP of this post ask if colt was really Bankrupt? The truth hurts. No, it doesn't. You haven't unearthed anything remarkable.....Colt has had financial problems for decades. It has to do with the way ownership (Zilkha/Sciens/etc) played with company financing. Colt is really bankrupt. Fact Who said they weren't? Colts corporate bonds are really rated junk, Fact Colt has extremely poor management, Fact Not on the manufacturing or sales side.....again it's all about the debt burden placed on the company by its ownership. Colt has many disgruntled employees, Fact For fucks sake..........they are disgruntled because they see ownership taking $$$$$$$$$ out of the company and saddling it with $$$$$$$$$$$ debt. It has nothing to do with the product and everything to do with long term viability of the company. Quality control is dropping, Fact Wrong. Colt can no longer demand a premium price. Fact Laughably wrong. Competition in the AR world is fierce and many are looking at the above facts and deciding to buy something else. Fact. But if you point out facts your a troll. You funny now too. |
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Dog Sorry i thought you were a fellow gun enthusiast. Only to find out that your a Salesman. Good luck with your 2015 Sales. Hopefully with the upcoming elections your gun sales go through the roof. Try being more open minded with the firearms you sell. There are many quality firearms out there not beginning with a C. John Why do you troll these forums? Just trying to help one of your fellow trolls out. He seems a little confused about Colt history and the current status of Colt. A very small amount of ARFCOM members believe there is only one firearms manufacturer. If any one points out that's false. Your accused of being a troll. Remember the OP of this post ask if colt was really Bankrupt? The truth hurts. Colt is really bankrupt. Fact Colts corporate bonds are really rated junk, Fact Colt has extremely poor management, Fact Colt has many disgruntled employees, Fact Quality control is dropping, Fact Colt can no longer demand a premium price. Fact Competition in the AR world is fierce and many are looking at the above facts and deciding to buy something else. Fact. But if you point out facts your a troll. You funny now too. Competition is definitely not " fierce " by any means ! Just because a company mgfs something on the AR platform , it hardy makes it a competitor. There is plenty of crap out there that doesn't come close to the quality of a colt weapon . Just because some parts fit together and make a rifle , it doesn't mean it's good . There is a reason that most law enforcement agencies specify what brand weapon may be used . Colt is at the top of that list for a reason |
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Competition is definitely not " fierce " by any means ! Just because a company mgfs something on the AR platform , it hardy makes it a competitor. There is plenty of crap out there that doesn't come close to the quality of a colt weapon . Just because some parts fit together and make a rifle , it doesn't mean it's good . There is a reason that most law enforcement agencies specify what brand weapon may be used . Colt is at the top of that list for a reason View Quote View All Quotes View All Quotes Quoted:
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Dog Sorry i thought you were a fellow gun enthusiast. Only to find out that your a Salesman. Good luck with your 2015 Sales. Hopefully with the upcoming elections your gun sales go through the roof. Try being more open minded with the firearms you sell. There are many quality firearms out there not beginning with a C. John Why do you troll these forums? Just trying to help one of your fellow trolls out. He seems a little confused about Colt history and the current status of Colt. A very small amount of ARFCOM members believe there is only one firearms manufacturer. If any one points out that's false. Your accused of being a troll. Remember the OP of this post ask if colt was really Bankrupt? The truth hurts. Colt is really bankrupt. Fact Colts corporate bonds are really rated junk, Fact Colt has extremely poor management, Fact Colt has many disgruntled employees, Fact Quality control is dropping, Fact Colt can no longer demand a premium price. Fact Competition in the AR world is fierce and many are looking at the above facts and deciding to buy something else. Fact. But if you point out facts your a troll. You funny now too. Competition is definitely not " fierce " by any means ! Just because a company mgfs something on the AR platform , it hardy makes it a competitor. There is plenty of crap out there that doesn't come close to the quality of a colt weapon . Just because some parts fit together and make a rifle , it doesn't mean it's good . There is a reason that most law enforcement agencies specify what brand weapon may be used . Colt is at the top of that list for a reason Competition in the firearms world is definitely fierce. Last big $212 million government contract for M4's was split between F.N. Herstal of Belgium & Colt One before that in 2013 Colt was left entirely out and it was given to F.N. Herstal of Belgium. That one was for $77 million dollars also to manufacture M4's Colt has misread Police demand, Military demand and Civilian demand and is now approx $500 million in the hole. Again back to Colt poor management You say there is plenty of crap out there...I agree....But there is also a lot of good quality stuff out there & educated gun buyers buyers know that. John |
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Competition in the firearms world is definitely fierce. Last big $212 million government contract for M4's was split between F.N. Herstal of Belgium & Colt One before that in 2013 Colt was left entirely out and it was given to F.N. Herstal of Belgium. That one was for $77 million dollars also to manufacture M4's Colt has misread Police demand, Military demand and Civilian demand and is now approx $500 million in the hole. Again back to Colt poor management You say there is plenty of crap out there...I agree....But there is also a lot of good quality stuff out there & educated gun buyers buyers know that. John View Quote View All Quotes View All Quotes Quoted:
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Dog Sorry i thought you were a fellow gun enthusiast. Only to find out that your a Salesman. Good luck with your 2015 Sales. Hopefully with the upcoming elections your gun sales go through the roof. Try being more open minded with the firearms you sell. There are many quality firearms out there not beginning with a C. John Why do you troll these forums? Just trying to help one of your fellow trolls out. He seems a little confused about Colt history and the current status of Colt. A very small amount of ARFCOM members believe there is only one firearms manufacturer. If any one points out that's false. Your accused of being a troll. Remember the OP of this post ask if colt was really Bankrupt? The truth hurts. Colt is really bankrupt. Fact Colts corporate bonds are really rated junk, Fact Colt has extremely poor management, Fact Colt has many disgruntled employees, Fact Quality control is dropping, Fact Colt can no longer demand a premium price. Fact Competition in the AR world is fierce and many are looking at the above facts and deciding to buy something else. Fact. But if you point out facts your a troll. You funny now too. Competition is definitely not " fierce " by any means ! Just because a company mgfs something on the AR platform , it hardy makes it a competitor. There is plenty of crap out there that doesn't come close to the quality of a colt weapon . Just because some parts fit together and make a rifle , it doesn't mean it's good . There is a reason that most law enforcement agencies specify what brand weapon may be used . Colt is at the top of that list for a reason Competition in the firearms world is definitely fierce. Last big $212 million government contract for M4's was split between F.N. Herstal of Belgium & Colt One before that in 2013 Colt was left entirely out and it was given to F.N. Herstal of Belgium. That one was for $77 million dollars also to manufacture M4's Colt has misread Police demand, Military demand and Civilian demand and is now approx $500 million in the hole. Again back to Colt poor management You say there is plenty of crap out there...I agree....But there is also a lot of good quality stuff out there & educated gun buyers buyers know that. John Well at least you mentioned the ONLY other company that is true "mil spec ". Which is FN. ! No other companies has the machines or tooling equip that these companies have . |
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