Friends,
I received this from a good friend that is a talented stock broker as well as a great shooter. No one can predict the future, but it's worth considering.
Greg
Gentlemen;
If you ever wanted another Colt, now would be the time to rush out and get one. Bloomberg and Wall Street Journal just reported that Colt Firearms will probably default on their $380 million in debt, later this month.
That means that if they cannot find additional financing (or a buyer) they will probably fold.
