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Ive lost count of how many times Remington has declared bankruptcy. Those times were largely their own failings (or what excuse they gave stockholders). THIS time its probably not their fault (unless you consider that they should have moved away from New York years ago). THIS time its because they were ordered to close by the democratic governor. They offered to make Respirators and PPE for Corvid-19 use, but the governor still ordered them closed, then purchased supplies from China. Theyve been closed for months. Can they recover? |