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"O" Is for Out of control


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Suing the federal government is like wrestling a pig in the mud. The longer it drags out the more of your money disappears and the grayer your hair gets. Parasites kill their victims painfully slow  

Edited by Sunfish
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A lawsuit here is more of a countermeasure, inevitably goes nowhere... but it's a fight they don't want. Ocare is under constant threat, the Iran deal won't be around next year, whatever he just signed us up for in Paris won't be either. He is so desperate to add something to his "legacy", a lawsuit looks bad even if it doesn't go anywhere
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How is this linked back to President Obama?  That article just dropped his name as a dog whistle to piss off gun owners, which is status quo for these hack jobs.

 

The isn't any open investigation by the SEC, just a highly publicized request from the New York City Public Advocate (apparently that's a real job) to start one.  And it seems like a part of a multi-pronged attack since they are taking other actions to hurt S&W financially.  I doubt either gains much traction since they come from an office with no real power other than to hold press conferences and sue businesses within New York City.  The SEC has far more important matters on its plate and not enough staff to get it done, and banks don't drop accounts as big as S&W without good reason.

 

If I had to guess, I'd say stocks are taking a hit because of short sellers.  They looked at trends of how S&W stock does when guns are in the news, bought when San Bernardino came around, then sold after making a profit before things returned to normal.  Looking at the stock and pointing out the dates of the shootings, then the oval office address would support that.

 

But yeah, the President isn't even close to involved in this.

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How is this linked back to President Obama? That article just dropped his name as a dog whistle to piss off gun owners, which is status quo for these hack jobs.

The isn't any open investigation by the SEC, just a highly publicized request from the New York City Public Advocate (apparently that's a real job) to start one. And it seems like a part of a multi-pronged attack since they are taking other actions to hurt S&W financially. I doubt either gains much traction since they come from an office with no real power other than to hold press conferences and sue businesses within New York City. The SEC has far more important matters on its plate and not enough staff to get it done, and banks don't drop accounts as big as S&W without good reason.

If I had to guess, I'd say stocks are taking a hit because of short sellers. They looked at trends of how S&W stock does when guns are in the news, bought when San Bernardino came around, then sold after making a profit before things returned to normal. Looking at the stock and pointing out the dates of the shootings, then the oval office address would support that.

But yeah, the President isn't even close to involved in this.

Read the article and like you, I failed to see the connection. New York and its Public Advocate, Latitia James are the ones thst should be sued!

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