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Guns and ammo stock pick from The Wall Street Journal

We try not to give stock and financial advice here. However, if this report from the Wall Street Journal is correct, look to buy this stock when it goes IPO. Bear in mind if the other party takes over congress in 2010 or obama gets booted out in 2012 get rid of your stock right before hand. Again this is just advice our two cents worth. We are not stock experts or financial experts here. We are just Guns And Ammo Enthusiasts no more no less.


This from the Wall Street Journal web site.


After bad bets on cars and home loans, Cerberus Capital Management is turning to guns and bullets.

The private-equity firm is in advanced preparations for an initial public offering of Freedom Group Inc., said people familiar with the situation, hoping to sell shares in a little-known company it has built into a dominant player in the red-hot rifle-and-ammunition business.

Over a three-year span Cerberus — while under the spotlight for ill-fated acquisitions of auto maker Chrysler LLC and lender GMAC LLC — has quietly acquired at least seven U.S. gun-and-ammunition makers.

Those companies have been consolidated into a Madison, N.C.-based