Magnuumpwr
Member
Keep your ears open. It is quite possible some people that purchased AR's to resell got stuck with them. So if karma takes hold, financial reasons could force some sells.
I keep seeing this "flipper" bashing and I am not sure I understand. People took advantage of a peak in demand and turned a profit. Isn't that what the guy selling "fresh" vegetables out of his truck does? You don't really think those baskets of perfect tomatoes came out of his garden do you? Maybe you didn't notice the large boxes saying "vine ripe" tomatoes that are laying around.
People buy houses at low prices and flip them. People buy cars and flip them. People buy ammo and flip it. That doesn't mean I have to buy it.
And why would you think that these guys are going to lose money once the price settles? If they have been buying .22 at Walmart then they will still have only $20 or so in a brick so the WORST they will do is break even.
I haven't sold a round of ammo or a gun during this panic. I have bought several guns and a few boxes of ammo here and there. I hold no grudge against the people and companies that took advantage of the situation. The ONLY place where I saw consistent pre-panic pricing on guns and ammo was at Walmart and that fact doesn't make me feel all warm and fuzzy about that company.
What you failed to understand is that the gun and ammo flippers are selling them at a very inflated price without doing anything.
When you flip a house or a car, you have to do some work to it to increase the value. You cannot expect to buy a run-down house or non-working car for cheap, then re-sell it for a big profit.
On the other hand, when the ammo and gun flippers do it, they just resell the ammo at a higher cost with no actual increased value added to it. For example, people will buy a brick of 22lr ammo from Walmart at $25/box and re-sell it for $75.
There is a big difference.
You act as though they are doing you a favor. If they didn't get up and clean out the store as soon as it is put out it would be there later when you showed up and you would pay 1/3 the price.I understand what they are doing. They are getting up early and heading to the local Walmart or Academy and camping out and then paying their cash to buy a product that is in demand. They then take that ammo home and post an add on Gunbroker or Armslist or wherever and people bid the price up to $75. They then take the ammo to the USPS or Fedex and ship it to the buyer. They spend at least a 2-3 hours to buy and sell three boxes of .22 ammo on which they will "profit" $150.
Apparently they are filling a need in the supply chain or people would not be buying the product from them. I certainly am not making a 5 AM, 30 minute trip to stand in line at Academy and get my 3 boxes.
I am not advocating what they are doing. I understand that they are taking advantage of the situation at hand in order to make a profit. I am merely saying that there are apparently many people out there that are willing to pay for this product and service that they are offering. If we don't like what they are doing then just DON"T BUY THE AMMO from them. Either go to Walmart at 5 AM or wait until it becomes available. Online prices on 22LR are already at $.09 per round which is $45 per brick. Many online retailers were offering 22LR at $75 per brick a couple of months ago but I promise they were not buying it at Walmart. They were taking advantage of the situation just like Bubba and Lamerle are doing.
No. Now, if you ran around buying every one in town with the express purpose of scalping it would be a different story. Kinda like the guy I encountered this weekend who still had the WalMart tags on and was asking a cool 2k.I did not buy my ARs to sell. But when the price went silly I sold them. The guy that bought them was smiling when we parted ways. So now I'm A leech? replaced one this week. For less than half what I got for A similar rifle. The prices get silly again I will sell again.
I've never seen a sub-$1k Colt, except the 6900, but that's not a "real" Colt.with Colts less than a grand at Walmart.
Well if we want to get offensive then I will state that while I may be lazy because I don't want to go to Walmart at 5 AM I was not stupid enough or broke enough to NEED to buy ammo from flippers. Once again it is a situation of supply and demand. No different at all from a guy that buys a house for $100k, puts a month and $25k in the house, and then sells that house for $175k. He uses his initiative and knowledge to turn a profit. Bubba uses his initiative and turns a profit and you call him all kinds of bad names.You act as though they are doing you a favor. If they didn't get up and clean out the store as soon as it is put out it would be there later when you showed up and you would pay 1/3 the price.
If you want to pay someone stupid prices to get ammo for you then so be it. Me, I am not so lazy.
Sorry, you can apologize for scalpers all you want. They are not providing a service. They are leaches and are only feeding off the gullible.
A friend of mine and I keep saying that we are going to buy up a few reasonably priced low to mid range AR's (some Colts and Sigs on the higher end, some S&W, bushmaster's, and windhams, etc.). Maybe buy up 10 total and wait for the next panic. Well, we always say that, and then realize that 1) we don't have $10K laying around between the two of us and 2) it would turn us into gun dealers, rather than people who casually sell guns out of their own collection.If I had another $1100 laying around I'd buy another Colt.
A friend of mine and I keep saying that we are going to buy up a few reasonably priced low to mid range AR's (some Colts and Sigs on the higher end, some S&W, bushmaster's, and windhams, etc.). Maybe buy up 10 total and wait for the next panic. Well, we always say that, and then realize that 1) we don't have $10K laying around between the two of us and 2) it would turn us into gun dealers, rather than people who casually sell guns out of their own collection.
Same here. Individuals are free to buy whatever they find for sale, and they are free to price it at whatever-the-heck price they want and offer it for re-sale. That's what freedom and the free market is all about. Are people advocating for some sort of socialist law that limits what people can buy or sell, or how they can price it??? Are they saying that the seller should somehow "qualify" to sell at a higher price or otherwise justify the asking price to all that might disapprove? All of that is fundamentally absurd, IMO.I keep seeing this "flipper" bashing and I am not sure I understand.
What you failed to understand is that the gun and ammo flippers are selling them at a very inflated price without doing anything
Sorry, you can apologize for scalpers all you want. They are not providing a service. They are leaches and are only feeding off the gullible.