{"id":85965,"date":"2019-03-31T10:15:34","date_gmt":"2019-03-31T14:15:34","guid":{"rendered":"https:\/\/valorguardians.com\/blog\/?p=85965"},"modified":"2019-03-31T08:25:03","modified_gmt":"2019-03-31T12:25:03","slug":"a-loss-of-150-million","status":"publish","type":"post","link":"https:\/\/www.azuse.cloud\/?p=85965","title":{"rendered":"In Other News…."},"content":{"rendered":"
\"\"
Girl and gun dog<\/figcaption><\/figure>\n

While it is interesting to see what was at one time a successful, profitable company drive itself into a pool of quicksand, the rate at which Dick’s is sinking into oblivion and terminal stupidity is increasing, apparently by the month, and possibly by the week.<\/p>\n

Per this article from the NRA’s news, Dick’s now has a loss of $150 million to date, and seems to be intent on continuing down this road to oblivion. Paying customers are apparently avoiding Dick’s in droves.<\/p>\n

https:\/\/www.nraila.org\/articles\/20190329\/dick-s-sporting-goods-loses-150-million-on-gun-control-crusade<\/a><\/p>\n

I understand having principles and standing on them. Without them, we are essentially uncivilized barbarians.<\/p>\n

\"\"
Georgia Gator<\/figcaption><\/figure>\n

However, this news of Dick’s loss comes directly on the heels of the California court’s decision, posted yesterday, that the ban on gun magazines of more than 10 rounds was unconstitutional, with the 9th Circuit Court-CA upholding Judge Benitez’s decision. That will, of course, go on to further testing, but it’s a start.<\/p>\n

Gitarcarver provided this information yesterday afternoon:<\/p>\n

The Volokh Conspiracy has a great analysis of the opinion:<\/p>\n

http:\/\/reason.com\/volokh\/2019\/03\/29\/district-court-permanently-enjoins-calif<\/a><\/p>\n

The opinion itself can be read here:<\/p>\n

http:\/\/michellawyers.com\/wp-content\/uploads\/2019\/03\/Duncan-2019-03-29-Order-Granting-Plaintiffs-MSJ.pdf<\/a><\/p>\n

Now, as I said, you know this will be tested elsewhere, and hopefully, elsewhere will include several other states with tight-assed rules about guns-n-stuff, but it’s a start. It will also go to the Supreme Court at some point. You can almost count on that. And no merchant is under the gun to sell equipment he wants to avoid carrying.<\/p>\n

Since Dick’s is s publicly-held company, a reported loss of $150 million is a concern to anyone who holds stock in that company. Further mismanagement based on the owner’s egocentricity will send it deeper into the financial toilet. If you will recall, last year, the owner of Dick’s issued a statement saying the company would destroy all the weapons it had purchased, rather than returning them to the manufacturers for a refund, or otherwise divesting itself of no-longer-desired sales goods. A constant and consistent level of very stupid decisions based on a lack of business acumen, questionable principles, and vainglory and<\/em> <\/i>bad management is sending this company into the septic tank, making it a prospective target for either bankruptcy or buyout. Shareholders seem to now view Dick’s as a non-asset. Its high in September 2016 was $60.44. It is now barely $30+\/- and slowly eroding away. I would guess that at some point, the company will be sold to bail out its debts and losses.<\/p>\n

Personally, I prefer to support companies that are interested in expanding their market, such as Danner Boots or Bass Pro Shops, which owns Cabela’s. Both do everything possible to attract their customer base. LLBean is still in the semi-nostalgic camper\/hiker\/fisherman state, and is doing well. They know their customer base. I ordered a new pair of jeans from LLBean in mid-March. They arrived 3 days later. Likewise, there are those mom & pop shops that supply the needs of locals but which also welcome visitors as additions to their seasonal customer base.\u00a0 Spring\/summer fishing at Sand Lake will start up in mid-April.<\/p>\n

\"\"<\/p>\n

We all have choices. Most of the time, we make good choices. Sometimes, people are just like Dick’s.<\/p>\n","protected":false},"excerpt":{"rendered":"

While it is interesting to see what was at one time a successful, profitable company drive … In Other News….<\/span>Read more<\/a><\/p>\n","protected":false},"author":653,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[209,82,156,47,397],"tags":[],"class_list":["post-85965","post","type-post","status-publish","format-standard","hentry","category-teh-stoopid","category-gun-grabbing-fascists","category-guns","category-liberals-suck","category-second-amendment"],"_links":{"self":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/85965","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/users\/653"}],"replies":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=85965"}],"version-history":[{"count":1,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/85965\/revisions"}],"predecessor-version":[{"id":85966,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/85965\/revisions\/85966"}],"wp:attachment":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=85965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=85965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=85965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}