S&W being spun off

Discussion in 'The Okie Corral' started by Dave Lively, Nov 14, 2019.

  1. Dave Lively

    Dave Lively

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    American Outdoors is spinning off S&W into a publicly traded company. The article I saw listed were a steep decline in gun sales over the past 2 years, boycotts by antigunners hurting sales of other products and liability exposure. SCOTUS not stopping the Sandy Hook lawsuit a couple of days ago and this announcement are not a coincidence.

    The decision that passing a law that says you cannot be sued for legally selling a gun someone does not mean you cannot be sued for exactly that is really frustrating. That's not how democracy is supposed to work. The claim that Remington engaged in false advertising because it said the guns had civilian uses and can therefore be sued because that is illegal is absurd. I still hope it fails but it should have been thrown out.

    I wish I could get mad about American Outdoors decision but the truth is I am not going to be buying any S&W stock when it is available. If lawyers start suing anyone that ever sold an AR all those M&P Sports are going to be a huge liability.
     
    Last edited: Nov 14, 2019
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  2. Bill Keith

    Bill Keith

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    It's a business; division losing money and has bad optics, sell it.
     
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  3. JMag

    JMag

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    So, folks aren’t buying new S&W products? Call me surprised...not.


    Sent from my iPad using Tapatalk
     
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  4. B C

    B C

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    The Shield and M&P Sport II are two of the most popular guns on the market.
     
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  5. Out West

    Out West

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    What a shame it would be if this great company, an American icon around the world, were to fail. I hope it never happens.
     
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  6. 6Actual

    6Actual Southern Backwater Mafia

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    S&W hasn't really been S&W for a very long time
     
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  7. FullClip

    FullClip Native Mainiac CLM

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    Maybe without the restraints of their parent company they will get rid of the awful lock on their revolvers and come back to nice revolvers...even if they have to charge more and become a smaller player in the market.
     
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  8. HollowHead

    HollowHead Firm member

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    I like S&W's footwear. HH
     
  9. Rotn1

    Rotn1

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    I must be the odd one out.
    I've been buying their performance center revolvers for years.
    They are awesome and some of the most well made and accurate firearms I own.
    Their model 41 in 22LR is an absolute tack driver.

    Folks aren't buying (as many) guns at present due to the feeling of security presented by a Republican administration. Wait till we get closer to the election, particularly of it starts looking close.
     
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  10. JMag

    JMag

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    Not with me, and apparently there’s a pressing need for other models that sell.


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    Last edited: Nov 14, 2019
  11. J. Gambolputty

    J. Gambolputty

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    They survived ownership by English toilet makers and they will survive this as well.
     
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  12. powernoodle

    powernoodle

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    As usual, this is not nearly as nefarious (Chicken Littley) as everyone wishes. Its all about maximizing share value and dividends. GE spun off its transportation division this year for the same reason, and since it wasn't a firearms division no one here cared one bit.

     
  13. VA27

    VA27

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    I understood it to be the Connecticut Supreme Courts ruling, not SCOTUS, that the lawsuit could proceed. Did I misread that?
     
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  14. lazarus66

    lazarus66

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    I'd like a new M-76 but Reagan screwed me on that deal.
     
  15. Dave Lively

    Dave Lively

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    The US Supreme Court did not put the appeal on their docket so the Connecticut ruling still stands and the lawsuit will go forward. Even if it eventually fails Remington is going to have to pay for a lot of lawyers.

    I don't know what Remington's exact claim was when they appealed to the SCOTUS. I don't think you can appeal just because you do not like the lower courts decision.
     
  16. CAcop

    CAcop

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    More than a few revolvers Smith has made in the last 20 years I have wanted to buy but knowing the failure rate of that lock I have passed. Other makers have no comparable models.
     
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  17. aircarver

    aircarver Descent Terminated Silver Member

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    Shields are selling for $200 ... Looks like panic selling ... :wow:

    31353-rebate_1.jpg

    Palmetto State Armory
     
    Last edited: Nov 14, 2019
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  18. larry_minn

    larry_minn Silver Member Millennium Member

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    I still want a 442, 642 type. Offer them $250 no lock...
     
  19. czsmithGT

    czsmithGT

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    I am actually surprised that S&W is losing money. They do make some good guns, and my understanding is that gun sales are up since Trump took over and the Dem gun grabbers keep carping.

    oh well, I have plenty of guns and am not in the market to buy so it really does not affect me.
     
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  20. sombunya

    sombunya Use it up, throw it away

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    The fit of the sideplate on my 629-5 is so close the line seems to disappear. I've had it off 3 times.

    I have quite a few S&W's and they are all fine guns. I have not bought any lately when they started putting integral locks in them though.