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Started By
Message
re: The Man With 17,700 Bottles of Hand Sanitizer Just Donated Them
Posted on 3/16/20 at 12:59 am to Mr Personality
Posted on 3/16/20 at 12:59 am to Mr Personality
quote:What's that got to do with anything?
Ok. But he was doing it with 18,000 bottles. Not a small amount.
quote:Correction, he was selling them for $70. If a product is selling, why would you lower the price?
And he was trying to sell them for $70.
quote:Yeah maybe a nice profit for a week. Then what's he supposed to do?
If he would have bought 200 bottles and sold them for $20 he would have a nice profit.
quote:If only people would get this pissed at the countless companies that frick us every single day. Maybe this guy should have hired a couple of minimum wage employees to help stack his bottles and cash. Then he would have been praised as a job-creating entrepreneur?
He aimed too high, drew negative attention to himself and got burned.
2
Posted on 3/16/20 at 1:01 am to Korkstand
The brothers were going to use prices of $5 to $70 from what I read. Until the TN and KY AG's there put an end to their so called price gouging.
Posted on 3/16/20 at 1:07 am to Korkstand
quote:
We all end up paying for the treatment anyway, so just how much less effective do you think publicly-funded research is than privately-funded research?
I would argue very much so. No reason why both shouldn’t happen in tandem, but I believe capitalism is a very powerful motivator, and the incredibly risky and costly process involved calls for a yuge reward on the other end, otherwise it won’t be funded by the market.
Posted on 3/16/20 at 1:07 am to Korkstand
quote:
What's that got to do with anything?
That he depleted the supply of a region in order to frick people over.
quote:
Correction, he was selling them for $70. If a product is selling, why would they lower the price?
Yes, please do correct yourself since you were arguing based on $20. So you didn’t even have the basic information. And they weren’t selling. Because he was trying to sell them for an insane price. Which is why he was sitting on 18,000 bottles.
quote:
Yeah maybe a nice profit for the week. Then what’s he supposed to do?
Sell something besides sanitizer maybe? That he wasn’t selling anyway. Maybe continue along a line more of what kept him in business for 10 years instead of this which has him banned from Amazon and EBay and now has him fricked.
quote:
If only people would get this pissed at countless companies that frick us every single day...
They do and now you’re just rambling.
This post was edited on 3/16/20 at 1:08 am
Posted on 3/16/20 at 1:09 am to Ted2010
quote:
frick that piece of shite cocksucker
Man, you guys get serious about hand sanitizer.
This guy invested his time and money driving around buying up hand sanitizer from locations that were oversupplied and moved them to a market where there was demand.
Posted on 3/16/20 at 1:10 am to Korkstand
quote:
Just how big do you think the pharmaceutical industry is? And we aren't even talking about elimination, rather pricing regulation. No one's 401k would tank as a result.
I’m not sure about the other guy, but I’m definitely not arguing anyone’s retirement account tanks. But tanking an industry is definitely a cost to society though borne by everyone (teachers, firefighters, doctors, lawyers, auto workers, etc. etc.)
This post was edited on 3/16/20 at 1:10 am
Posted on 3/16/20 at 1:12 am to Lou Pai
quote:The potential rewards are so huge because people's health and lives are at stake. What price will the market bear if the alternative is death? Should we allow capitalism to go this route? How does this differ from $70 hand sanitizer?
I would argue very much so. No reason why both shouldn’t happen in tandem, but I believe capitalism is a very powerful motivator, and the incredibly risky and costly process involved calls for a yuge reward on the other end, otherwise it won’t be funded by the market.
Posted on 3/16/20 at 1:14 am to Korkstand
What exactly are we talking about here?
Posted on 3/16/20 at 1:17 am to JPPT1974
quote:
Until the TN and KY AG's there put an end to their so called price gouging.
Government hates competition.
Posted on 3/16/20 at 1:21 am to Mr Personality
quote:The region was oversupplied. And he was selling online. He was not selling back to the region that he "depleted".
That he depleted the supply of a region in order to frick people over.
quote:I made up an example to illustrate the point.
Yes, please do correct yourself since you were arguing based on $20. So you didn’t even have the basic information.
quote:
And they weren’t selling. Because he was trying to sell them for an insane price. Which is why he was sitting on 18,000 bottles.
quote:They were selling no matter the price. The reason he had 18k bottles is because Amazon and eBay shut him down. Maybe you should learn the basic information.
he priced his first 300 bottles of hand sanitizer between $8 to $70 each and they sold out immediately.
quote:Why? He was selling them immediately at whatever price he asked.
Sell something besides sanitizer maybe? That he wasn’t selling anyway.
quote:This is exactly the same thing he's been doing for years. He buys a shitload of the "hot item" and sells them online.
Maybe continue along a line more of what kept him in business for 10 years
Why don't you tell me what max price the government should set on a bottle of hand sanitizer?
Posted on 3/16/20 at 1:29 am to Korkstand
frick that piece of shite.
Posted on 3/16/20 at 1:32 am to Lou Pai
quote:Ok, this started with one poster saying the sanitizer guy should be shot. A second poster countered with drug companies should be shot because they price gouge on everything. A third poster replied to the second talking about he's dumb because he's basically rooting against his own 401k.
What exactly are we talking about here?
My position is I basically agree with poster #2. Price gouging pretty much only happens when there is a shortage of a product in a time of emergency. Well, in the case of drug companies, they control the supply, so they create whatever shortage they want. Also, depending on the drug and the disease, sometimes it is always an emergency. They can, and do, set prices wherever they want, because their "customers" have to buy the product, or die. It is price gouging to the letter, but we defend the practice because capitalism. Yet hand sanitizer guy engages in the same behavior except with much lower stakes, both in price and potential cost of life, and people are all up in arms.
Posted on 3/16/20 at 1:32 am to Korkstand
quote:
Should we allow capitalism to go this route? How does this differ from $70 hand sanitizer?
Go buy the $1 bottle of alcohol right next to where the hand sanitizer was and rub your hands in it
Posted on 3/16/20 at 1:34 am to fallguy_1978
quote:I suggested that on page 2.
Go buy the $1 bottle of alcohol right next to where the hand sanitizer was and rub your hands in it
If someone is dumb enough to pay $70 for a bottle of hand sanitizer instead of just using alcohol or soap, let them do it.
Posted on 3/16/20 at 1:44 am to Lou Pai
quote:No doubt. My point was more that regulating drug prices would not tank big pharma, but even if it did, it wouldn't tank everyone's retirement.
But tanking an industry is definitely a cost to society though borne by everyone (teachers, firefighters, doctors, lawyers, auto workers, etc. etc.)
Basically we should worry less about price gouging hand sanitizer and more about the ways we get gouged every day.
Posted on 3/16/20 at 1:53 am to Korkstand
quote:if i knew a pandemic was about to hit the nation and that there would be a run on sanitizers, i wouldnt drive around to as many stores as i could, buy as many as i could, to sell them at high a price as i could. but good on this guy for just providing for his family i guess
If you saw an opportunity to buy something for $2 and sell it for $20, would you take it? You'd be an idiot not to.
Posted on 3/16/20 at 2:05 am to Korkstand
quote:
The reason he had 18k bottles is because Amazon and eBay shut him down.
Well damn, I guess he should have thought about that, but good for him for selling those 300 bottles and only getting stuck with the other 17,700.
quote:
Why don’t you tell me what max price the government should set on a bottle of hand sanitizer?
I think Amazon and EBay, the services he was using pretty much just did. And sounds like Tennessee is working on it.
What we know for sure is it was a failed move on his part. And his way of making money for 10 years has just been stopped.
So I guess the providing for his family has now run into some difficulties.
Posted on 3/16/20 at 2:10 am to stout
I really don’t care about a guy who hoards hand sanitizer. It’s not a necessity.
Posted on 3/16/20 at 2:27 am to stout
TN attorney general and his staff are pieces of shite. Had a Facebook for the past 2 years with over 10k followers about rustic flag company that was out of TN. They had taken peoples money for wooden flag orders that they never fulfilled. TN attorney general got tired of the requests directly to them and from other state agencies so they just put up a blanket banner saying they are looking into it and haven’t done anything else
Posted on 3/16/20 at 2:28 am to SavageOrangeJug
quote:
You're an idiot. He was going to capitalize on the misfortune of others. It backfired.
No, he was going to capitalize on the hysterical nonsense of others.
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