Maksim 1,504 Posted February 16, 2016 Whatever happened to these guns? Gunbroker prices are nuts. $1500 for a king cobra, $5k for a python? Wow Sent from my BlackBerry PRIV, the most secure Android device via Tapatalk. Quote Share this post Link to post Share on other sites
Rob0115 1,105 Posted February 16, 2016 Yeah it's prevented me from getting another. I don't see it for a gun that you won't shoot, at least not much. I have a 1988 6" King Cobra my wife bought, that year, for my birthday at the bullet hole. It's ultra stainless, or whatever they call the very shiny stainless finish, and she paid under 400 bucks at the old bullet hole store when it was in Washington Ave in Belleville. I wouldn't sell it because I like it and it and it was a gift from my not yet wife, to be clear, and 1500 bucks isn't life changing. However I'm not sure it's worth 1500 bucks. I have box, papers and it's in near new condition. I guess if colt starts making wheel guns again this market will drop. It's better than stocks right now though. Quote Share this post Link to post Share on other sites
Golf battery 1,223 Posted February 16, 2016 Yeah i was following a python for the last week on GBroker. In its condition and no box its mayyyybe 4k. Its went for 5800$$$. Friggin crazy. Quote Share this post Link to post Share on other sites
mikeyjones 88 Posted February 16, 2016 Whatever happened to these guns? Gunbroker prices are nuts. $1500 for a king cobra, $5k for a python? Wow Sent from my BlackBerry PRIV, the most secure Android device via Tapatalk. The walking dead revived interest in the snakes. Sent from my ONE A2005 using Tapatalk Quote Share this post Link to post Share on other sites
Maksim 1,504 Posted February 16, 2016 The walking dead revived interest in the snakes. Sent from my ONE A2005 using Tapatalk But the walking dead was out quite a bit earlier? Any dealers care to chime in? Almost tempted to sell one or two of mine. Sent from my BlackBerry PRIV, the most secure Android device via Tapatalk. Quote Share this post Link to post Share on other sites
Golf battery 1,223 Posted February 17, 2016 Hey im in. Whatcha got. Quote Share this post Link to post Share on other sites
Dozer 0 Posted February 17, 2016 Bankruptcy filing last year and maybe news of prior to,then closure rumors probably contributed to the rise as a result. Believe Colt came of of the filing last month. Quote Share this post Link to post Share on other sites
Maksim 1,504 Posted February 17, 2016 Bankruptcy filing last year and maybe news of prior to,then closure rumors probably contributed to the rise as a result. Believe Colt came of of the filing last month. Thanks. That makes sense. Sent from my BlackBerry PRIV, the most secure Android device via Tapatalk. Quote Share this post Link to post Share on other sites
Golf battery 1,223 Posted February 17, 2016 Theyre not going out of business. The govt will bail them out. Like h&k and deutschland did. Quote Share this post Link to post Share on other sites
Maksim 1,504 Posted February 17, 2016 Theyre not going out of business. The govt will bail them out. Like h&k and deutschland did. Obama's government? Unfortunately don't think there are too many financial statements out there to actually see what is going on with the company. I really can't fathom how many gun business can go bust in the last 10 years. Quote Share this post Link to post Share on other sites
Rob0115 1,105 Posted February 17, 2016 Sciens private equity portfolio company. You won't find many financials on them. Quote Share this post Link to post Share on other sites
Maksim 1,504 Posted February 17, 2016 Sciens private equity portfolio company. You won't find many financials on them.Thanks... actually I may...... There is a new fund we have been looking into where this is right up its alley. Thanks for the info. Sent from my BlackBerry PRIV, the most secure Android device via Tapatalk. Quote Share this post Link to post Share on other sites
Rob0115 1,105 Posted February 17, 2016 I work in a hedge fund and have trouble, other than debt issued, finding anything very useful. Hopefully you fare better. Quote Share this post Link to post Share on other sites
mikeyjones 88 Posted February 17, 2016 I work in a hedge fund and have trouble, other the debt issued, finding anything very useful. Hopefully you fare better. Finding more info on Colt? Quote Share this post Link to post Share on other sites
Rob0115 1,105 Posted February 18, 2016 Finding more info on Colt? Financials yes. I don't have anything other than curiosity. Quote Share this post Link to post Share on other sites
Maksim 1,504 Posted February 18, 2016 Their BK filling should have more info.... but was thinking of contacting someone I know in a PE fund that deals in the firearms industry (perhaps to look at it as an acquisition). Quote Share this post Link to post Share on other sites
mikeyjones 88 Posted February 18, 2016 Financials yes. I don't have anything other than curiosity. I'll check my sources at work tomorrow. Quote Share this post Link to post Share on other sites
mikeyjones 88 Posted February 18, 2016 I found some financial statements from the last time they issued debt. So 4q14 was the last one on there. If anyone is interested I can send pdf. Sent from my ONE A2005 using Tapatalk Quote Share this post Link to post Share on other sites
Maksim 1,504 Posted February 18, 2016 Sure. [email protected] thanks Sent from my iPhone using Tapatalk Quote Share this post Link to post Share on other sites
mikeyjones 88 Posted February 18, 2016 Sure. [email protected] thanks Sent from my iPhone using Tapatalk Enjoy. Sent from my ONE A2005 using Tapatalk Quote Share this post Link to post Share on other sites
Rob0115 1,105 Posted February 18, 2016 I found some financial statements from the last time they issued debt. So 4q14 was the last one on there. If anyone is interested I can send pdf. Sent from my ONE A2005 using Tapatalk That's what I mentioned earlier the only financials I could find were related to debt issuance. A lot has changed but interesting read nonetheless. Quote Share this post Link to post Share on other sites
mikeyjones 88 Posted February 19, 2016 That's what I mentioned earlier the only financials I could find were related to debt issuance. A lot has changed but interesting read nonetheless. You were right. We have large access to PE at work, so I'll ask the guys there if they have more recent. I'm also not sure a lot has changed. Their #s looked bleak then and it was only a year ago. Quote Share this post Link to post Share on other sites