S&W, Ruger cave to investors

[zeebaron]

They asked for public investment money, they have to live with the consequences of the mentality that comes with "the public".

[Dr. Dickie]

“While gun violence is an issue of concern to everyone, the responsibility to market safe guns to the public appropriately lies with gun manufacturers and distributors,”...

So the problem is unsafe guns! Well, then, they aren't selling any unsafe guns, as I don't hear of people being harmed by the proper use of their guns. Case closed, and done.

[Rchrd.miranda]

which proves if you can't legislate it, buy it. If the pension , hedge funds etc can get control of a significant minority of stock they can force the changes they want by virtue of their financial clout. As indicated in the other posts there are groups willing to put up money for the purpose of social engineering. The best joke is there is no way to stop them in publicly traded stock market.

[wjbarricklow]

From what I read, they didn’t “cave”. They didn’t have a choice.

[jjk308]

What should we do about it? Buy more- buy less? I don't know... Tough to call, either we make the activists more money where they can do more harm to the industry or we bankrupt the activists- as they want and plan and take down figure head's of the American firearms industry in the process.

You have dozens of other companies, more respectful of our rights and less cowardly, to buy from. That's what forced S&W and Ruger to change their stance the last time.

[chester field]

They asked for public investment money, they have to live with the consequences of the mentality that comes with "the public".

This right here.

Have you met the public?