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

Posted on 2/28/15 at 11:16 am to
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80754 posts
Posted on 2/28/15 at 11:16 am to
Exactly...my post from the 22LR thread...


quote:

Supply/Demand economics aren't taking place to bring back the supply. Since 22LR is so cheap, people keep stacking. If manufacturers were smart, they would raise prices A LOT short term in order to curb the panic buying. Even if they sell fewer boxes, the increased profit would keep them whole. As the panic mindset dies down and people stop buying, the price can slowly be lowered back down.

Perfect example is .223/556. Prices got to a stupid level and the panic buying curbed. Prices lowered slowly over the past 1-1.5 years to where it is now, cheaper than before Sandy Hook and available everywhere.
Posted by fisherbm1112
Baton Rouge
Member since Jan 2010
6566 posts
Posted on 2/28/15 at 11:37 am to
quote:

That in 10-20 years something happens and this is there retirement plan.


So you think people are going to magically buy 10-20 year old ammo at a staggering price?
Posted by Clames
Member since Oct 2010
16536 posts
Posted on 2/28/15 at 11:57 am to
Go look up what mil-surp M2 AP runs then try that question again.
Posted by Pepperidge
Slidell
Member since Apr 2011
4311 posts
Posted on 2/28/15 at 12:09 pm to
quote:

You are exactly right, however most people don't understand that increased prices in a time of shortage are a GOOD thing.

Plenty of ammo out there if you look and are willing to pay. I have received 4-5 emails from slickguns since yesterday for affordable .22 ammo.



Let's not confuse Downshift with more facts...his head may explode...I offered to give him some quite a while ago during the shortage, but he never took me up on the offer...instead, he would rather complain.
Posted by tigersownall
Thibodaux
Member since Sep 2011
15290 posts
Posted on 2/28/15 at 12:25 pm to
A few police I'd have a beer with on there.
Posted by fisherbm1112
Baton Rouge
Member since Jan 2010
6566 posts
Posted on 2/28/15 at 1:00 pm to
quote:

Go look up what mil-surp M2 AP runs then try that question again.





That is not what I was pointing at. What I am saying is half of these dumbasses probably struggle to cover all of their bases every month yet they are using ammo as an investment. What if you buy all of that and someone that follows this board tracks your ip breaks into your house and steals all of what was most likely your savings? Then what? Which that is all just something that always runs through my head when reading stuff like this. My real question is as follows:


Are you really telling me that buying ammo to sit on is a truly good investment? There is no better place to set up your retirement?
This post was edited on 2/28/15 at 1:01 pm
Posted by fisherbm1112
Baton Rouge
Member since Jan 2010
6566 posts
Posted on 2/28/15 at 1:03 pm to
quote:

Let's not confuse Downshift with more facts...his head may explode...I offered to give him some quite a while ago during the shortage, but he never took me up on the offer...instead, he would rather complain.



He is complaining about price. Dumbasses will go buy all available ammo to then go pimp out online to people who don't have time to stand in line all day.
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
66763 posts
Posted on 2/28/15 at 1:31 pm to


So to buy .22 bullets I need to sign up for slickguns email alerts? And nobody sees an issue with that?

The only thing I saw even close to a legitimate response about why people are stockpiling was a awb reference which is fine I guess. My stance is that if a consumable like ammo is banned, people won't use what they have. Stockpiling accomplishes nothing but screw up the market, so quit fricking stockpiling. There's an artificially high demand created by a select few who are buying mountains of ammo for no reason other than its there and some crossed wire in their head tells them they need it.
Posted by fisherbm1112
Baton Rouge
Member since Jan 2010
6566 posts
Posted on 2/28/15 at 1:40 pm to
quote:

There's an artificially high demand created by a select few who are buying mountains of ammo for no reason other than its there and some crossed wire in their head tells them they need it.





And for retirement planning.
Posted by bulldog95
North Louisiana
Member since Jan 2011
20696 posts
Posted on 2/28/15 at 1:55 pm to
I said some people.

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.

I never said I was I have a few thousand rounds but I share that with family.
Posted by KingRanch
The Ranch
Member since Mar 2012
61590 posts
Posted on 2/28/15 at 1:57 pm to
Walmart in Covington has 22
Posted by bulldog95
North Louisiana
Member since Jan 2011
20696 posts
Posted on 2/28/15 at 2:01 pm to
To the ammo mobile.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89472 posts
Posted on 2/28/15 at 2:04 pm to
quote:

Walmart in Covington has 22


Not anymore.

Posted by MisterSenator
Member since Aug 2013
1285 posts
Posted on 2/28/15 at 2:16 pm to
quote:

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





ETA: dang, somebody beat me to it
This post was edited on 2/28/15 at 2:18 pm
Posted by fisherbm1112
Baton Rouge
Member since Jan 2010
6566 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
89472 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
80754 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.
Posted by Pepperidge
Slidell
Member since Apr 2011
4311 posts
Posted on 2/28/15 at 3:17 pm to
buckets of bullets (Remington Golden Bullets 1400ct)

were arriving at Academy Sports for $69 retail

they were selling on Gun Broker for $300+ ALL DAY!

From what I knew and could tell of the people in line every morning , they were pawn shop owners/employees and a few resellers... every now and then you'd see the owner of a small gun shop that was too small for his distributor to allocate any .22lr to getting some to supply his customers who bought 22's from them...

For one, I am glad in a way that their is such demand for the ammo...believe it or not thousands of jobs were created as extra shifts were added to every ammo manufacturer in the country...price stabilized at a level we could all live with and still be able to shoot as often as before...the amount of 22 rifles and pistols manufactured and sold almost tripled and is still rising from what I am told...so demand will almost always be there...the price is what it will be for a long time to come as there are far more gun owners...new gun owners as well(win/win) now than any other point in history...Freedom Loving Americans...frick Yeah!
Posted by Clames
Member since Oct 2010
16536 posts
Posted on 2/28/15 at 5:07 pm to
quote:

Are you really telling me that buying ammo to sit on is a truly good investment? There is no better place to set up your retirement?


Did I even hint that that was what I was telling you? NOPE. I merely cited a historical precedent. As for what people spend their money on:

Posted by fisherbm1112
Baton Rouge
Member since Jan 2010
6566 posts
Posted on 2/28/15 at 5:38 pm to
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.
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