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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Posted by fisherbm1112

Baton Rouge

Member since Jan 2010

6567 posts

Posted on 2/28/15 at 5:38 pm to TigerTatorTots

quote:
you were getting ~75% markup on 9mm, 7.62x39 and 223/556 ...150% markup on 22LR.

If you are right then that is good, however I have to feel it was circumstantial.

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

This is still hours worth of time and effort. Once again to each is own but my time is worth a lot more money than that. Honestly you probably wasted more time playing on the computer than the guy who waited at the store.

quote:
At the time, the amount I made in 6 months of barely any effort was equal to about 1/4 of my annual salary.

Right here you are telling me that it took you 6 months of hard time to make 3 months salary which is fine I guess depending on what your salary is. However I am also willing to bet that you are only counting how much you made (gross) not subtracting what you spent from that (net). Think of what that time and money invested could have equated in other markets.

Still to each is own, I just think you guys have your heads firmly imbedded in your asses. That's only my opinion though.