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National Gun Distrubutor Files For Bankruptcy
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Topic: National Gun Distrubutor Files For Bankruptcy (Read 1931 times)
MarkB
Life Member
Posts: 569
National Gun Distrubutor Files For Bankruptcy
«
on:
June 11, 2019, 02:34:04 PM »
National Sports Cos (USC) has filed for bankruptcy saying gun sals fell when Trump became President. This appears to be an isolated incident from poor decisions (betting on a Clinton in in 2016 that would increase sales) and poor management but it could indicate a potential problem.
https://www.foxbusiness.com/features/firearms-distributor-files-for-bankruptcy-after-gun-sales-decreased-following-trumps-victory
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NRA Benefactor Member
USCG, 1963-1967, GM-3
Sigma4506
Member
Posts: 60
Re: National Gun Distrubutor Files For Bankruptcy
«
Reply #1 on:
June 13, 2019, 12:59:18 AM »
LMAO -National Sports Cos (USC) has filed for bankruptcy saying gun sales fell when Trump became President -- If a storm hits your state -- Its Trumps fault !!!!!!!!!!
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74 Army vet - Fort Leonardwood MO
MarkB
Life Member
Posts: 569
Re: National Gun Distrubutor Files For Bankruptcy
«
Reply #2 on:
June 13, 2019, 02:53:49 AM »
It's Trump's fault because he won the election. USC thought Clinton would win and increased stock for the buying frenzy Clinton would create when she won. They believed the polls. When Trump won, USC was caught with too many guns.
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NRA Benefactor Member
USCG, 1963-1967, GM-3
MarkB
Life Member
Posts: 569
Re: National Gun Distrubutor Files For Bankruptcy
«
Reply #3 on:
June 13, 2019, 04:38:34 PM »
More information. This has expanded to other companies. Read the article and see how many are affected. This includes both large and small companies. Not good news.
https://www.ammoland.com/2019/06/crashing-down-united-sporting-ellett-file-for-chapter-11-face-lawsuit/?utm_source=Ammoland+Subscribers&utm_campaign=88a7170538-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_6f6fac3eaa-88a7170538-20805637#axzz5qZNvkVNj
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NRA Benefactor Member
USCG, 1963-1967, GM-3
Just Bill
Life Member
Posts: 1338
Re: National Gun Distrubutor Files For Bankruptcy
«
Reply #4 on:
June 13, 2019, 11:05:11 PM »
This guy(company) apparently was a huge supplier, and listened to the polls. From what I read, there have to be a lot of people hurt because the him(them). Could be a chance to pick up guns cheap....
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NRA Cert. Instructor Pistol/Rifle/Shotgun
NRA Lifer
NRA RSO
DE/PA CCDW permits
AGI certified gunsmith--Cowboy Action/1911/Glock/rifle/pistol/shotgun/rimfire
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AGI certified Master Gunsmith
MarkB
Life Member
Posts: 569
Re: National Gun Distrubutor Files For Bankruptcy
«
Reply #5 on:
June 14, 2019, 01:27:23 AM »
Possible. Just keep an eye out once they start to finalize the bankruptcies.
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NRA Benefactor Member
USCG, 1963-1967, GM-3
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National Gun Distrubutor Files For Bankruptcy