The Frontier Sixshooter Community Message Board - Couldn't remember the name of the retirement funds...

Couldn't remember the name of the retirement funds... (reply)

Hobie — Wed, 19 Dec 2012 03:11:25 +0000

Thank you for clearing that up.

Yes, the California retiree association or some such.... (reply)

Drago — Wed, 19 Dec 2012 02:23:16 +0000

No Hobie. The California Treasurer is Bill Lockyear. Before Jerry Brown, he was the Attorney General. He is the liberal and has asked the two retirement funds, Cal Teachers and Cal PERS (Public Employees Retirement Sysytem to see what stocks they may hold that are in firearms companies. Once they've done their study, he will "ask" them to divest themselves of stock from any manufacturer that sells guns that would be illegal to sell in California.

Yes, the California retiree association or some such.... (reply)

Hobie — Wed, 19 Dec 2012 00:42:13 +0000

I imagine that's mostly liberal...

Outfits like Cerberus , , , (reply)

Kentucky — Wed, 19 Dec 2012 00:20:11 +0000

. . . very likely have a bunch of liberal weenies as stockholders who have gone ballistic over this thing and are demanding their money be separated from the gun business.

It will be interesting to see how that all shakes out. Might be better for the actual gun businesses in the long run.

I noticed Smith's stock dropped Monday (reply)

stonewalrus — Tue, 18 Dec 2012 19:10:43 +0000

Makes me wonder if there are some really ugly things going on behind the scenes targeting gun companies and sellers.

Predictably, Cerberus is heading for the tall grass

mcassill — Tue, 18 Dec 2012 19:04:23 +0000

I note they managed to lose money in 2011 while their product lines were selling like hotcakes.
http://finance.yahoo.com/news/cerberus-sell-gunmaker-freedom-group-105405510.html?l=1