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Author Topic: National Gun Distrubutor Files For Bankruptcy  (Read 196 times)
MarkB
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« on: June 11, 2019, 07:34:04 AM »

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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« Reply #1 on: June 12, 2019, 05:59:18 PM »

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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MarkB
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« Reply #2 on: June 12, 2019, 07:53:49 PM »

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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MarkB
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« Reply #3 on: June 13, 2019, 09:38:34 AM »

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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Just Bill
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« Reply #4 on: June 13, 2019, 04:05:11 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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MarkB
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« Reply #5 on: June 13, 2019, 06:27:23 PM »

Possible.  Just keep an eye out once they start to finalize the bankruptcies.
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