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re: ATF has asked for feedback about the ammo ban on their Facebook

Posted on 2/28/15 at 2:48 pm to
Posted by fisherbm1112
Baton Rouge
Member since Jan 2010
6567 posts
Posted on 2/28/15 at 2:48 pm to
quote:

Tell the people on gunbroker who were selling .22 for hundreds of dollars they were stupid. Then they can laugh about all the $$$$$$ they made.



Do you really think they made that much money? They probably made a 25-50% markup along with all of their time invested in waiting in lines, gathering, listing it on a site, dealing with payment, and dealing with shipping. All of that time they spent doing that would have indefinitely made them more money somewhere else. To each as own, just don't try to sell me that hoarding ammunition is a good business plan. Once again just because you can doesn't mean you should.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89731 posts
Posted on 2/28/15 at 2:59 pm to
quote:

Do you really think they made that much money? They probably made a 25-50% markup along with all of their time invested in waiting in lines, gathering, listing it on a site, dealing with payment, and dealing with shipping.


I can't speak to box-by-box sellers, but bulk packs made a fortune - CCI 1600 round boxes that went for a little as $99 to $110 at Wal-Mart, Academy, etc. ALL THE TIME, before, are going for $200 to $300 on gunbroker.

Just sayin - that's a heck of a lot more than 50% - if you were smart enough to grab, say, 10 before the rush - you could make a grand, $1500 maybe.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80832 posts
Posted on 2/28/15 at 3:10 pm to
If you bought from Midway, Sportsmans Guide, Aim Surplus, Cabelas and SG Ammo during the height of the panic (December-June), you were getting ~75% markup on 9mm, 7.62x39 and 223/556 ...150% markup on 22LR.

One could strictly buy every round of ammo by sitting on their computer and having it shipped to their door.

Trust me, I was caught up big time in the reselling bc it was such easy money. The profits were big for the little amount of time I spent on it and that doesn't even take into consideration the Marriott points that were racked up on the CC. At the time, the amount I made in 6 months of barely any effort was equal to about 1/4 of my annual salary.

Would I do it again during the next panic? Probably not because I see how the resellers were more of an issue with the price skyrocketing than the hoarders. Just giving you a little insight first hand.
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