12-21-2020, 02:46 PM
I don't think it's that damning. This time last year they were marginally profitable and their stock was probably trading around book value. Half the people who are complaining about the lack of ammo and prices now were buying Serbian, Korean, Phillipines, Brazilian, Russian, etc. imports for a few cents a round less, with the price differential largely driven by not only cheaper labor costs, but likely far cheaper employee safety costs. Now those imports have completely evaporated and it's Vista's responsibility to pick up the slack?
Let's go Brandon!