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Ammo Inc. Acquires Gunbroker Site for $240 mill.

NHCraigT

NHCraigT

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Good call i guess...There’s a lot of risks associated with that investment..

It’s not a surprise though because GunBroker has been going downhill for a long time
 
Keyword being legal, I’m so tired of hearing about the gun show loophole an online loophole and boyfriend loophole. I’m good never buy another gun in my life at some point it just sounds so full retard
 
I was at Mass Firearms today and it was full of people. At least 20 women in the women's only class. People of all walks of life from young to old. 8 million new shooters in the last 12 months and every month is a record breaking month for sales.

I don't see how they're going to turn the spigot off.

Liberals painted themselves into a corner.

First they said POTUS was a racist mass murder, then they say cops are killers and then they OK peacefully rioting.

Good luck putting the genie back in the bottle. Everyone wants to get strapped. Conservatives and liberals alike.
 
Greg said:
The prices are too high and the .gov doesn't step in and control the price gouging on things he wants to buy ?
Click to expand...

Well the sellers and buyers do all suck. The issue with gun broker itself is......It’s just shit..Never mind they’re $500 guarantee. I doubt they’ve ever paid that out in their life
 
Rococo said:
I was at Mass Firearms today and it was full of people. At least 20 women in the women's only class. People of all walks of life from young to old. 8 million new shooters in the last 12 months and every month is a record breaking month for sales.

I don't see how they're going to turn the spigot off.

Liberals painted themselves into a corner.

First they said POTUS was a racist mass murder, then they say cops are killers and then they OK peacefully rioting.

Good luck putting the genie back in the bottle. Everyone wants to get strapped. Conservatives and liberals alike.
Click to expand...
Did they have any ammo? Cause last time I checked (earlier in the week) they had no 9mm. Not even for rentals.
 
Pyromancer said:
Did they have any ammo? Cause last time I checked (earlier in the week) they had no 9mm. Not even for rentals.
Click to expand...
Mass Firearms has Magtech 9mm, 22LR (Federal 800 round boxes), 300 Black out, 5.56, 30-06 a lot of rifle calibers.

I only shoot 9mm, 12 ga, and 5.56 right now so I didn't pay too much attention. I do want a 6.5 bolt action soon though.
 
MGnoob said:
Well the sellers and buyers do all suck. The issue with gun broker itself is......It’s just shit..Never mind they’re $500 guarantee. I doubt they’ve ever paid that out in their life
Click to expand...
A lot of new buyers have no idea what ammo prices were before.

1000$ for a 9mm pistol with a few hundred bullets seems like a good deal for a newbie trying to protect their family or livelihood.
 
I’m never the one to say what anyone “needs”. Stockpiling for training or future shortages does makes sense...

This is better advice than Joe Biden.mgnoob, “Get yourself two guns load them up and you’re good to go. Then just buy your ammo strategically..”

Yeah, you guys got me refering to myself in the third person
 
MGnoob said:
Well the sellers and buyers do all suck. The issue with gun broker itself is......It’s just shit..Never mind they’re $500 guarantee. I doubt they’ve ever paid that out in their life
Click to expand...

GB is an unintentional form of gun social media though, recently I met a couple of great remote dealers from there just based on the shit they had for sale, and then contacting them out of
band on it, etc.
 
I love Gun Broker.

The most rare and unobtainable things in Mass can be found there - if you are willing to pay.

I even found a Noveske upper last year before they vanished from the internet.
It cost me a fortune though but now I feel like I got a good deal.

It's the ultimate price reference when you want to see what your own stuff is worth.

Just stick with people with A+ feedback.
If the have NO feedback and demand paypal gift - run away.
If they have great feedback and you can do a check on their name and address after you buy something and even talk on the phone to a landline with a seller that is good before you send funds.

You can even buy 2020 Colt Pythons.

They cost a premium but if you want it now - GB has them.

It's like your own personal gun show.
You can look up what you want.
You wont smell swamp ass or have to deal with crop dusters.

You'll miss the jerky and pickles though.
 
drgrant said:
Apparently a bunch of people are betting on the gun industry. Sort of risky given Obiden but payoffs huge more than likely long term. I can't see dropping 240m for a friggan auction site, though.
Click to expand...
The investment in Gunbroker, I get that.

But look at their financials. I am having a hard time understanding where the money came from. They will pay part in stock and part cash.
 
kevin9 said:
boston.cbslocal.com

FBI: NH Man Who Admitted To Drinking Wine At Capitol Riot Arrested

A Keene, New Hampshire man facing federal charges in the Capitol Hill riot has been arrested.
boston.cbslocal.com boston.cbslocal.com

NES screen name?

Seriously, here's some more info on him:
conandaily.com

Jason Daniel Riddle biography: 13 things about Donald Trump supporter from Keene, New Hampshire

Jason Daniel Riddle is a white man from New Hampshire, United States. Here are 13 more things about him: He lives in Keene, Cheshire County, New Hampshire. (a) He is married to Robert Schoen. (b) F…
conandaily.com conandaily.com
www.sentinelsource.com

Republican to run for Cheshire County commission seat

A former correctional officer joins two Keene city councilors who have announced campaigns for Cheshire County commissioner.
www.sentinelsource.com www.sentinelsource.com

Seems that he (and his husband?) is a rather atypical Trump supporter. I know a few gay MA Republicans and they are invariably hard-core Never-Trumpers.
Click to expand...

drgrant said:
GB is an unintentional form of gun social media though, recently I met a couple of great remote dealers from there just based on the shit they had for sale, and then contacting them out of
band on it, etc.
Click to expand...
At this point I’ll just admit I’m a gun snob...If I wanted to buy something I contact my arms dealer. Way cooler than dealing with this Internet bullshit
 
Broccoli Iglesias said:
The investment in Gunbroker, I get that.

But look at their financials. I am having a hard time understanding where the money came from. They will pay part in stock and part cash.
Click to expand...
Ammo is buying a company that pulls the same revenue, but is more profitable for 6 times ebitda.
They sell ammo in 2021. A record ammo year. Yolo!

VSTO bought Remington, and some shotshell company this year. Maybe there's a trend...
 
I got to stop selling them at cost.
Pyromancer said:
Ammo is buying a company that pulls the same revenue, but is more profitable for 6 times ebitda.
They sell ammo in 2021. A record ammo year. Yolo!

VSTO bought Remington, and some shotshell company this year. Maybe there's a trend...
Click to expand...

We’re almost out of cans over here :)
As long as you sell it at a loss you’re not in the business of selling ammo are you? It’s like the opposite of what you would fill out on an FFL
 
Reptile said:
I love Gun Broker.

The most rare and unobtainable things in Mass can be found there - if you are willing to pay.

I even found a Noveske upper last year before they vanished from the internet.
It cost me a fortune though but now I feel like I got a good deal.

It's the ultimate price reference when you want to see what your own stuff is worth.

Just stick with people with A+ feedback.
If the have NO feedback and demand paypal gift - run away.
If they have great feedback and you can do a check on their name and address after you buy something and even talk on the phone to a landline with a seller that is good before you send funds.

You can even buy 2020 Colt Pythons.

They cost a premium but if you want it now - GB has them.

It's like your own personal gun show.
You can look up what you want.
You wont smell swamp ass or have to deal with crop dusters.

You'll miss the jerky and pickles though.
Click to expand...

So your take is you can buy anything online? I might just be old but I like to go look at things touch them and make sure they’re not illegal before they show up on my front steps. Be careful on GunBroker those unobtainable items you’re getting online are what will land you in trouble
 
I’ll go with the dark web over GunBroker any day. Which is really just being a member of any forum..

I’ve learned about 100 new words this year
 
MGnoob said:
So your take is you can buy anything online? I might just be old but I like to go look at things touch them and make sure they’re not illegal before they show up on my front steps. Be careful on GunBroker those unobtainable items you’re getting online are what will land you in trouble
Click to expand...
The upper was of proper length and pinned and welded.

If not, I could have taken it to a gunsmith.

As long as it's not assembled to a lower, I think I could keep a flash hider on it anyway until it gets made into a working firearm.

Certain magazines which are very rare that I like have very distinctive features that I can document as pre ban. No ambiguity there. I have books with the details that are authoritative in case I need to prove anything.

I'd rather pay for a pre ban than lose my LTC by having something illegal.
 
My take is As long as you own any preban lower you can own as many uppers as you want...Similar to if you own an SBR you could have several uppers for it...

It doesn’t really even matter...You’d have to have faith they are just gonna f*** you anyway.
 
MGnoob said:
Well the sellers and buyers do all suck. The issue with gun broker itself is......It’s just shit..Never mind they’re $500 guarantee. I doubt they’ve ever paid that out in their life
Click to expand...

I apologize my comment was directed at you, but I meant to generalize it but for some reason I put "he" at the end.

Don't think I ever read anything about you "skinflinting" or complaining about prices.

I think it's the exact opposite. [smile]
 
Bloomberg spent twice that on his dismal, failed primary bid. He could easily buy all US gun and ammunition manufacturers and simply shutter sales to other than law enforcement and military. If he’s ever diagnosed with terminal cancer - he might just do that...assuming he believes his own drivel.

www.ibisworld.com

IBISWorld - Industry Market Research, Reports, and Statistics

Expert industry market research to help you make better business decisions, faster. Industry market research reports, statistics, analysis, data, trends and forecasts.
www.ibisworld.com www.ibisworld.com

"Gun stores had revenue of about $11 billion, IBIS World said in its 2018 report. Gun and ammunition manufacturers had revenue of $17 billion, but the majority of that revenue comes from the defense side of the equation: arms sales to the U.S. and foreign governments."
 

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