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(CNN)   Cerberus sells off gun maker in the wake of school tragedy, making it harder for Commander Shepard to outfit his team on the Normandy   (money.cnn.com) divider line 120
    More: Misc, Commander Shepard, Normandy, Sandy Hook, Cerberus Capital Management LP, Smith & Wesson, Freedom Group, Colt Defense, massacres  
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5078 clicks; posted to Main » on 18 Dec 2012 at 11:59 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-12-18 01:06:25 PM
Lt Col Sheppard used a P-90.
 
2012-12-18 01:13:18 PM

forgotmydamnusername: SomeoneDumb: This is an excellent oppy for shooting enthusiasts to pool their money together and buy their own company.

The problem is, their entire current product line will likely be illegal to sell to the public in about 6 months. You'b be far better off with the stock of a company that makes sporting shotguns or revolvers or something like that at this point. Just in general, though, firearms companies aren't great investments. They always end up competing against their own NOS and used products in the marketplace, since, with a minimum of care, most guns will take 50-100 years to wear out. Colt, Smith and Wesson, and Winchester all have some history of bankruptcies.


Oh. My bad.
 
2012-12-18 01:16:49 PM

scottydoesntknow: /Never liked the sniper rifles in multiplayer. Much harder to get a headshot (the only shot that matters for sniper rifles) when you can't slow time down.


Sniping tips: Use an infiltrator and cloak so enemies don't react to your presence (+ extra damage); choose one of the classes with Stasis or Submission Net for cheap 'n' easy headshots; choose mods that increase weapon stability/accuracy; use sniper rifles with larger clip sizes to give you some wiggle room; play on maps like Dagger that offer awesome sniper positions. Etc. etc. Once you get used to things, it's not that much harder to snipe successfully in multiplayer.
 
2012-12-18 01:18:16 PM

You Must Construct Additional Pylons.: Let make money by selling off a group that invests in a growth industry that has never been stronger.

Profit?


Arguably that's the best time to sell, particularly if you think the market may be near the top...and headed into a decades-long slide.
 
2012-12-18 01:33:49 PM

Dinobot: scottydoesntknow: Meh Cerberus guns kinda suck anyway. Geth guns are where it's at

I dunno, I like the Mattock, it's a pretty good single-shot rifle early in the game.


Put a scope and a piercing mod on it and you can clean serious house at medium to long range. Inferno
 
2012-12-18 01:34:32 PM

PiffMan420: Dinobot: scottydoesntknow: Meh Cerberus guns kinda suck anyway. Geth guns are where it's at

I dunno, I like the Mattock, it's a pretty good single-shot rifle early in the game.

Put a scope and a piercing mod on it and you can clean serious house at medium to long range. Inferno


ammo also works great with it.

/stupid cell phone.
 
2012-12-18 01:37:23 PM

olapbill: [images4.wikia.nocookie.net image 850x693]

More of a Jakobs fan myself.


Vladof man here.
 
2012-12-18 01:42:59 PM

MaudlinMutantMollusk: scottydoesntknow: Meh Cerberus guns kinda suck anyway. Geth guns are where it's at

What a Cerberus gun might look like
[www.imfdb.org image 350x223]


The best weapon in ME3 is found in Cerberus HQ. Though it's an alliance weapon, go figure...

/with the right mods and ammo powers, you can stop Atlases and Banshees in 5-10 shots
 
2012-12-18 01:43:26 PM

amindtat: You should buy a gun that doesn't jam instead.


THIS. Any weapon that needs a forward-assist plunger is inherently flawed.

If you MUST buy an AR, get one with a piston-operated upper. The Ruger SR556 looks promising, and is about half the price of the HK MR556A (the gold-standard, SOCOM-approved piston-operated AR). The FN SCAR 16S is also an option if you have 3 grand to blow.

Personally if I wanted a rifle that fired .223 I'd buy a Ruger Mini-14. Garand action FTW. The only downside is that it doesn't take STANAG mags.
 
2012-12-18 01:44:05 PM

Kit Fister: Galvatron Zero: HER team, subby, HER.

/Femshep ftw!

Blah. Femshep.


Try yourself a renegade Femshep run; I'm finishing up one now. Holy crap, she is badass.


/also, put her in the Blood Dragon armor
//dem hips
 
2012-12-18 01:46:44 PM

germ78: MaudlinMutantMollusk: scottydoesntknow: Meh Cerberus guns kinda suck anyway. Geth guns are where it's at

What a Cerberus gun might look like
[www.imfdb.org image 350x223]

The best weapon in ME3 is found in Cerberus HQ. Though it's an alliance weapon, go figure...

/with the right mods and ammo powers, you can stop Atlases and Banshees in 5-10 shots


Strike that and reverse it. This is the best weapon in ME3. The M99-Saber sacrifices shooting speed for sheer stopping power.
 
2012-12-18 01:52:44 PM

germ78: MaudlinMutantMollusk: scottydoesntknow: Meh Cerberus guns kinda suck anyway. Geth guns are where it's at

What a Cerberus gun might look like
[www.imfdb.org image 350x223]

The best weapon in ME3 is found in Cerberus HQ. Though it's an alliance weapon, go figure...

/with the right mods and ammo powers, you can stop Atlases and Banshees in 5-10 shots


I was going for the three barrels for three headed dogs thing, though
 
2012-12-18 01:54:44 PM

germ78: germ78: MaudlinMutantMollusk: scottydoesntknow: Meh Cerberus guns kinda suck anyway. Geth guns are where it's at

What a Cerberus gun might look like
[www.imfdb.org image 350x223]

The best weapon in ME3 is found in Cerberus HQ. Though it's an alliance weapon, go figure...

/with the right mods and ammo powers, you can stop Atlases and Banshees in 5-10 shots

Strike that and reverse it. This is the best weapon in ME3. The M99-Saber sacrifices shooting speed for sheer stopping power.


Yup. It's drawback to me is that its discharge sound is cool at first, but then gets annoying during a prolonged firefight. 
Still, the Avenger has a special place in my heart. It just looks too damn cool.
Modern gunsmiths need to get working on that. NOW, dammit!
 
2012-12-18 01:57:40 PM
Dear Princess Celestia,

During last summer's election cycle, I learned people can make a lot of bits in names like RGR and SWHC while politicians drive the derpier (sorry, Derpy!) portion of the electorate to up on guns and ammo before Obama "takes them away."

Last Friday, I learned that people can also do pretty well by playing the other side of the trade when something happens that's so farking off-the-charts nuts that even Congress might do something.

i.imgur.com

(What do you mean, "do I like bananas?")

Your faithful student,
Twilight Farkle.
 
2012-12-18 02:00:16 PM

balisane: Try yourself a renegade Femshep run; I'm finishing up one now. Holy crap, she is badass.


/also, put her in the Blood Dragon armor
//dem hips


Playing through all 3 games again would take foreeeeeever. >.< 

/FemShep is the only Shep.
 
2012-12-18 02:02:20 PM

Twilight Farkle: What do you mean, "do I like bananas?"


ON THE MOOOOOOOOOOOOOOOOOOOOOOOOOON!!!!
 
2012-12-18 02:02:40 PM

germ78: germ78: MaudlinMutantMollusk: scottydoesntknow: Meh Cerberus guns kinda suck anyway. Geth guns are where it's at

What a Cerberus gun might look like
[www.imfdb.org image 350x223]

The best weapon in ME3 is found in Cerberus HQ. Though it's an alliance weapon, go figure...

/with the right mods and ammo powers, you can stop Atlases and Banshees in 5-10 shots

Strike that and reverse it. This is the best weapon in ME3. The M99-Saber sacrifices shooting speed for sheer stopping power.


THIS.

scottydoesntknow:
/Never liked the sniper rifles in multiplayer. Much harder to get a headshot (the only shot that matters for sniper rifles) when you can't slow time down.


It's been very maligned now, but the Salarian Infiltrator is still my standard for sniping loadout. Cloak for max damage, Energy Drain with Neural Shock to paralyse enemies, and a nice Widow slug right to the head.
Rinse, repeat, kick ass.
 
2012-12-18 02:08:23 PM

aninconvenienterection: just get a stripped lower. the rest of the parts will always be available to make one


For that matter, get an 80% finished lower and a set of jigs. Then all you need to do is find someone with a drill press that will let you use it for an afternoon. Because an 80% finished receiver is incomplete, it's not legally a "firearm", therefore you don't need to go through a FFL to get one. All of the other components are openly available as well.
 
2012-12-18 02:13:21 PM

Dinobot: Twilight Farkle: What do you mean, "do I like bananas?"

ON THE MOOOOOOOOOOOOOOOOOOOOOOOOOON!!!!


At least I didn't point out that with a pre-massacre intraday high just under $10, and now trading under $8, that the stock's red-hot rise had, er, cooled off by one part in five.
 
2012-12-18 02:19:39 PM

clyph: aninconvenienterection: just get a stripped lower. the rest of the parts will always be available to make one

For that matter, get an 80% finished lower and a set of jigs. Then all you need to do is find someone with a drill press that will let you use it for an afternoon. Because an 80% finished receiver is incomplete, it's not legally a "firearm", therefore you don't need to go through a FFL to get one. All of the other components are openly available as well.


I did not know that. Very interesting. Horrifically illegal, but interesting nonetheless.
 
2012-12-18 02:28:08 PM

Myria: balisane: Try yourself a renegade Femshep run; I'm finishing up one now. Holy crap, she is badass.


/also, put her in the Blood Dragon armor
//dem hips

Playing through all 3 games again would take foreeeeeever. >.< 

/FemShep is the only Shep.


I actually decided to do the ME3 fem!renegade run without an ME2 import to back it up. It limits the romance options, and AFAICT you're stuck choosing between the geth and the quarians, but even with the DLC, it hasn't taken that long.
 
2012-12-18 02:28:27 PM

aninconvenienterection: Horrifically illegal, but interesting nonetheless.


Actually, it's 100% legal.

Under federal law and BATFE regulations, you are legally allowed to manufacture firearms for your personal use as long as you are legally able to possess the weapon you create (EG you cannot make a short-barrelled rifle, sawed-off shotgun, or a machine gun without being registered and paying the special occupation tax, nor can you make a weapon if you're a convicted felon or otherwise prohibited from owning firearms). You cannot sell or trade them, although (IIRC) you can pass them on to your heirs in your will.

Your state may deprive you of your rights, but that's a different issue.
 
2012-12-18 02:29:34 PM

clyph: amindtat: You should buy a gun that doesn't jam instead.

THIS. Any weapon that needs a forward-assist plunger is inherently flawed.

If you MUST buy an AR, get one with a piston-operated upper. The Ruger SR556 looks promising, and is about half the price of the HK MR556A (the gold-standard, SOCOM-approved piston-operated AR). The FN SCAR 16S is also an option if you have 3 grand to blow.

Personally if I wanted a rifle that fired .223 I'd buy a Ruger Mini-14. Garand action FTW. The only downside is that it doesn't take STANAG mags.


The Mini 14 is an inaccurate POS that's actually flimsier than the AR. The secret to keeping you AR 15 running is 1. Have good mags, and don't beat the shiat out of them. 2. Keep the ejection port cover closed when not actually firing. 3. Keep your rifle scrupulously clean. Don't go more than 300 rounds between stripping it and detail-scrubbing everything. Not that big a problem. 300 rounds is about all you'd ever want to carry on your person.
 
2012-12-18 02:40:33 PM

clyph: Actually, it's 100% legal.

Under federal law and BATFE regulations, you are legally allowed to manufacture firearms for your personal use as long as you are legally able to possess the weapon you create (EG you cannot make a short-barrelled rifle, sawed-off shotgun, or a machine gun without being registered and paying the special occupation tax, nor can you make a weapon if you're a convicted felon or otherwise prohibited from owning firearms). You cannot sell or trade them, although (IIRC) you can pass them on to your heirs in your will.

Your state may deprive you of your rights, but that's a different issue.


Oh thats right- I forgot about the personal use part. Makes sense.
 
2012-12-18 02:44:26 PM

olapbill: [images4.wikia.nocookie.net image 850x693]

More of a Jakobs fan myself.


Maliwan all the way (except for sniper rifles.. gotta go Hyperion there)
 
2012-12-18 02:46:48 PM

forgotmydamnusername: The Mini 14 is an inaccurate POS that's actually flimsier than the AR. The secret to keeping you AR 15 running is 1. Have good mags, and don't beat the shiat out of them. 2. Keep the ejection port cover closed when not actually firing. 3. Keep your rifle scrupulously clean. Don't go more than 300 rounds between stripping it and detail-scrubbing everything. Not that big a problem. 300 rounds is about all you'd ever want to carry on your person.


Funny, my mini-30 shoots 2" groups at 100 yards, and it's an old-model mini. The new production (since early 2000s) are made to tighter tolerances and are more accurate. It's not going to win any bench rest competitions, but it's perfectly acceptable accuracy for a tactical rifle or any real world application. Not to mention it has kept my freezer full of venison for the past decade. I've put at least 10,000 rounds though it and have never a single failure to feed or extract, even using cheap nasty Russian surplus ammo. The only thing I don't like about it are the mags are expensive, and until recently you couldn't get high-capacity OEM mags
 
2012-12-18 02:47:33 PM

aninconvenienterection: clyph: aninconvenienterection: just get a stripped lower. the rest of the parts will always be available to make one

For that matter, get an 80% finished lower and a set of jigs. Then all you need to do is find someone with a drill press that will let you use it for an afternoon. Because an 80% finished receiver is incomplete, it's not legally a "firearm", therefore you don't need to go through a FFL to get one. All of the other components are openly available as well.

I did not know that. Very interesting. Horrifically illegal, but interesting nonetheless.


Perfectly legal, actually. Just make sure not to sell the finished gun and you're good.
 
2012-12-18 02:51:53 PM

error 303: Much like ME3, this won't end well.


That was the best comment in the whole world.
 
2012-12-18 03:05:39 PM
/... and I picked up a chink of stock right after. Thank you Cerberus
 
2012-12-18 03:13:00 PM

clyph: forgotmydamnusername: The Mini 14 is an inaccurate POS that's actually flimsier than the AR. The secret to keeping you AR 15 running is 1. Have good mags, and don't beat the shiat out of them. 2. Keep the ejection port cover closed when not actually firing. 3. Keep your rifle scrupulously clean. Don't go more than 300 rounds between stripping it and detail-scrubbing everything. Not that big a problem. 300 rounds is about all you'd ever want to carry on your person.

Funny, my mini-30 shoots 2" groups at 100 yards, and it's an old-model mini. The new production (since early 2000s) are made to tighter tolerances and are more accurate. It's not going to win any bench rest competitions, but it's perfectly acceptable accuracy for a tactical rifle or any real world application. Not to mention it has kept my freezer full of venison for the past decade. I've put at least 10,000 rounds though it and have never a single failure to feed or extract, even using cheap nasty Russian surplus ammo. The only thing I don't like about it are the mags are expensive, and until recently you couldn't get high-capacity OEM mags


In actual military use, the Mini 14-based AC556K was a complete bust. That's what I base my impression on. Your rifle is probably better than average for accuracy. Every AR-pattern weapon I ever handled shot at least that well. Usually better. Yes, the piston gas systems for AR rifles are better, though. Pretty small increase in weight and slight reduction in theoretical accuracy potential, in exchange for not blowing gobs of filth into the action with every shot.
 
2012-12-18 03:23:47 PM

forgotmydamnusername: In actual military use, the Mini 14-based AC556K was a complete bust. That's what I base my impression on.


That's mostly politics. The Marines were (supposedly) within a coont-hair of adopting it.

At half the price of a comparable AR, I'll take a Mini-14 any day. If it's a choice between an $800 bushmaster POS and a $800 Ruger, there's no competition.

I got the mini-30 over the mini-14 because it's usable both as a tactical carbine and a deer rifle. Even if your state allows it, hunting deer with .223 isn't a great idea.
 
2012-12-18 03:31:55 PM

clyph: forgotmydamnusername: In actual military use, the Mini 14-based AC556K was a complete bust. That's what I base my impression on.

That's mostly politics. The Marines were (supposedly) within a coont-hair of adopting it.

At half the price of a comparable AR, I'll take a Mini-14 any day. If it's a choice between an $800 bushmaster POS and a $800 Ruger, there's no competition.

I got the mini-30 over the mini-14 because it's usable both as a tactical carbine and a deer rifle. Even if your state allows it, hunting deer with .223 isn't a great idea.


I was in the Marines when that was going on. Nobody thought it was any good. The near adoption was the politics.
 
2012-12-18 03:41:22 PM

forgotmydamnusername: I was in the Marines when that was going on. Nobody thought it was any good. The near adoption was the politics.


Interesting.

For me, it's a moot point. My $600 investment in my mini has more than paid for itself, and given me 12 years of trouble-free operation. It may not be perfect but it's good enough, and it's a good companion to my CMP Garand.

My next two rifles are a M1A and a Beretta CX-4 Storm in 9mm. After that, maybe I'll get something in .223.
 
2012-12-18 03:47:31 PM
It's all "Guns n Roses" til some punk arse kid steals his mom's guns and shoots up a school.

/fair weather investors, I tell ya......
 
2012-12-18 04:12:23 PM

clyph: forgotmydamnusername: I was in the Marines when that was going on. Nobody thought it was any good. The near adoption was the politics.

Interesting.

For me, it's a moot point. My $600 investment in my mini has more than paid for itself, and given me 12 years of trouble-free operation. It may not be perfect but it's good enough, and it's a good companion to my CMP Garand.

My next two rifles are a M1A and a Beretta CX-4 Storm in 9mm. After that, maybe I'll get something in .223.


Once had a Bushmaster. There was really nothing wrong with it except that the magazine it shipped with was garbage. That was before Cerberus bought them, though. I wish that the M1A had a forged receiver, like the M14 was designed to use in the first place, instead of investment cast. In the M14 design, the receiver ends up taking a fair amount of battering. I have read some reports of M1As falling apart on people, although nothing real recent. Don't know anything about the CX-4. I like single-action auto pistols.
 
2012-12-18 04:12:47 PM

Md37: error 303: Much like ME3, this won't end well.

That was the best comment in the whole world.


This.

ME2 had a decent premise, but corridors'n'cutscenes make PunGent sad.

NO excuse for that shiat in modern gaming.

At least give me DIFFERENT cutscenes if I do something DIFFERENT...your pixels ain't made of platinum.

And the "sniping" was mostly at iron-sight ranges, at best...except for where you were out and about in your vehicle.

Then? then the game penalized you for taking the correct tactical option of blowing stuff away with your heavy weapon turret.

/rant over
 
2012-12-18 04:15:51 PM
The Bushmaster is a great porno name.
 
2012-12-18 04:22:52 PM

CuttySupreme: Looks like it's about time I buy my AR-15. These gun-grabbers are probably going to get their way this time.


If I had a desire to own a semi-auto assault rifle I would have bought one already. That fact that they may become more difficult to own in the future doesn't change that.
 
2012-12-18 04:31:07 PM

CuttySupreme: Looks like it's about time I buy my AR-15. These gun-grabbers are probably going to get their way this time.


If they do a good job with the bill, there will be an amnesty period during which time anyone in possession of an assault weapon can turn it in for cash compensation, and after which possession of those kinds of weapons will be illegal, regardless of when you purchased it.
 
2012-12-18 04:31:20 PM

whistleridge: I worked for a Cerberus owned company once. Those guys do not mess around. They will burn money like crazy if they think it will help their bottom line, and that will slash expenses to nothing for the exact same reason. They clearly think Bushmaster is going to be a liability, and they're ditching it. And I bet they didn't take pennies on the dollar either.

Those guys are sharks; if they're getting out, smart money says they know something. I have zero evidence for this, but after watching their operating practices in detail for 4 years, that's my strong gut feeling.


An article I read earlier indicated that CalSTRS is a big part of the reason for the divestiture. Apparently ~$750 million of Cerberus' $20 billion in assets under management belong to the California State Teachers Retirement System, which pushed strongly for it.

And for all the people wondering if this includes Remington, etc. - Cerberus combined all of their gunmaking acquisitions into one unit, the Freedom Group, which is what it is selling.
 
2012-12-18 04:33:54 PM
Cerberus trying to sell off the Freedom Group (despite the headline, TFA says it's only going up for sale, not that it's already sold), is nothing more than trying to stop expected losses. If these moneybags were actual good guys, they would shut down production of both guns and ammo immediately. There are over 300 million guns in this country. We have too many already. In a perfect world, arms manufacturing would be a dying industry.
 
2012-12-18 04:42:53 PM

forgotmydamnusername: I have read some reports of M1As falling apart on people, although nothing real recent.


As someone on the market for an M1A, this is relevant to my interests.
 
2012-12-18 04:43:09 PM

misanthropologist: CuttySupreme: Looks like it's about time I buy my AR-15. These gun-grabbers are probably going to get their way this time.

If they do a good job with the bill, there will be an amnesty period during which time anyone in possession of an assault weapon can turn it in for cash compensation, and after which possession of those kinds of weapons will be illegal, regardless of when you purchased it.


Outright bans aren't going to happen, or if they do, will get a lot of people killed.

Expanding the NFA is the only way to actually solve the problem.
 
2012-12-18 05:02:41 PM

misanthropologist: If they do a good job with the bill, there will be an amnesty period during which time anyone in possession of an assault weapon can turn it in for cash compensation, and after which possession of those kinds of weapons will be illegal, regardless of when you purchased it.


You WANT to start a civil war? Seriously?

Because that's exactly how a blanket ban and confiscation scheme will be perceived in Redstateistan - a declaration of war.
 
2012-12-18 05:06:13 PM

iq_in_binary: Expanding the NFA is the only way to actually solve the problem.


84 people were killed in 16 mass shooting incidents last year.

In the same time period, based on historical average, around 400 people choked to death on their own vomit. Another 400 or so drown in their own bathtubs.

The "problem" you're trying to solve is only slightly more common than getting struck by lighting (50/year average).
 
2012-12-18 05:07:53 PM

stonicus: The Bushmaster is a great porno name.


The Bushmaster and the League of Shaving
 
2012-12-18 05:13:55 PM

iq_in_binary: Expanding the NFA is the only way to actually solve the problem.


Honestly I don't think there is much of a problem to solve.
 
2012-12-18 05:17:58 PM

Meatschool: forgotmydamnusername: I have read some reports of M1As falling apart on people, although nothing real recent.

As someone on the market for an M1A, this is relevant to my interests.


The M1A has a long and varied manufacturing history. Some lots were better than others. The Wikipedia page has a comprehensive breakdown by serial number on the variances between lots.

That said, the only DOCUMENTED catastrophic M1A failures that I've been able to find were due to bad (overpressure) ammo. SA has a lifetime warranty for the original owner.
 
2012-12-18 05:21:29 PM

Smeggy Smurf: stonicus: The Bushmaster is a great porno name.

The Bushmaster and the League of Shaving


i286.photobucket.com
 
2012-12-18 05:25:49 PM

clyph: iq_in_binary: Expanding the NFA is the only way to actually solve the problem.

84 people were killed in 16 mass shooting incidents last year.

In the same time period, based on historical average, around 400 people choked to death on their own vomit. Another 400 or so drown in their own bathtubs.

The "problem" you're trying to solve is only slightly more common than getting struck by lighting (50/year average).


Don't give them any ideas. Next thing you know they'll ban vomiting bath tubs.

/ewww
 
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