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So sick of this

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Im so sick of people selling ammo that you get at walmart for 5 dollars more a box or even 10 dollars if your not going to shoot the ammo or stock pile it dont buy it to many people buying it up to sell it to make a profit makes me sick
 
I don't mean to sound rude, but if you can get it for less, don't buy it.

They can't sell if no one is buying.

If you cant get it for less (i.e. it is out of stock and you need it) then is the convenience worth it? I stopped by cabelas while in PA, they had a ton of ammo, I think they charge more than what I pay elsewhere, so I don't buy.


I know that if i happen to be at WM and they have something that I am looking for, I will buy all I can. I would expect that you would do the same.

If some guy wants to sit at WM for most of their week to buy all of the stock when it comes in, that is a significant investment of time. If he then sells it for a markup and folks pay, whats the problem?

Do you get angry when you miss a deal in the stock market and then the stock goes up?

I don't understand.
 
hmmph.gif
and i thought this was about smoltz blowing another game.
 
Damn free market and capitalism! Don't worry, Obama will be controlling and rationing all markets for you in no time. [wink]

Really, the crying over ammo got old 4 months ago.
 
I do love getting ammo from Walmart when they do have stuff in stock. Just the other day when I was driving back home from the NJ area I stopped in a Walmart to check their ammo. I got lucky and was able to pick up 400 rounds of 9mm and 100 rounds of .357 magnum for half of what I would pay anywhere else, it put a smile on my face ---> [grin] (my face)

I do hate it when people buy it for the purpose of selling it though. I can assure you that everything I bought will end up down range, or for that "oh shit moment" inside someone. I remember talking about this in another thread, but while I was in Vermont for school local gun shops would buy out the ammo at walmart and then resell it in their stores. I understand it is just business for them...but god damn it does piss me off. [thinking]
 
whats not to understand if you want to make a profit from ammo become a dealer and sell it that way. And if the price is to high I wont pay it I under stand the gunstores are always higher than walmart as they dont not buy as much ammo my point is the people who go out and go from walmart to walmart and buy all the $8.57 9mm and then try to sell it for 18.00 makes me sick it leaves nothing for the people who will actually use it if I sell ammo its because I dont own a gun for it or I need cash bad I have ammo for sale its the same price I paid at wally world and dicks for it
 
This reminds me of when the playstation 3 came out. people waiting in line all night to get one and sell for a profit.

I find it to be a very dishonest way of making a quick buck.

a capitalist's exploitation of your desperate want for something is your fault, not theirs. It is an honest buck if someone will buy it.

What you said is akin to Obama talk.
 
I do love getting ammo from Walmart when they do have stuff in stock. Just the other day when I was driving back home from the NJ area I stopped in a Walmart to check their ammo. I got lucky and was able to pick up 400 rounds of 9mm and 100 rounds of .357 magnum for half of what I would pay anywhere else, it put a smile on my face ---> [grin] (my face)

I do hate it when people buy it for the purpose of selling it though. I can assure you that everything I bought will end up down range, or for that "oh shit moment" inside someone. I remember talking about this in another thread, but while I was in Vermont for school local gun shops would buy out the ammo at walmart and then resell it in their stores. I understand it is just business for them...but god damn it does piss me off. [thinking]

+1 for you I made this thread cause I know Im not the only one thinking about this
 
whats not to understand if you want to make a profit from ammo become a dealer and sell it that way. And if the price is to high I wont pay it I under stand the gunstores are always higher than walmart as they dont not buy as much ammo my point is the people who go out and go from walmart to walmart and buy all the $8.57 9mm and then try to sell it for 18.00 makes me sick it leaves nothing for the people who will actually use it if I sell ammo its because I dont own a gun for it or I need cash bad I have ammo for sale its the same price I paid at wally world and dicks for it

I just don't understand the problem. Why not laugh in their face if it is not fair market pricing?

Don't buy from them, they wont do it long if they aren't making money..

http://en.wikipedia.org/wiki/Supply_and_demand
 
a capitalist's exploitation of your desperate want for something is your fault, not theirs. It is an honest buck if someone will buy it..
+2 The fact that some meathead will pay more then list price on an item isn't dishonest.Its supply & demand capitalism

What you said is akin to Obama talk.
commie [shocked]
 
What? There are people who buy ammo solely with the intent of reselling it and gouging people?[thinking]

How sick...[shocked]

I buy LOTS of ammo but I would never sell it, I want it for myself.
Last week I loaded the truck with my collection and ammo stores and moved them all to PA for storage till we get settled in WV. I was over the MA ammo limits by several thousand percent.[smile]

I've had people give me ammo they aquired in some way and did not need.
My practice has been to give the stuff to friends who have need of it, if it was not something I could use.

Cleaning out my locker for the move I found 300 rounds of 9mm and a few hundred rounds of 20 & 16 ga shot shells.

I sold them all to a friend for $30.00.
And I felt guilty for that.
 
Walmart's prices are under the "equilibrium price" so it invites this type of arbitrage.

It does appear that their contract prices are lower than market.

We should expect these to adjust for the latter of this year.

Once the contracts are re-worked, the prices should be more consistent.

When the prices jump 30% and the shelves are stocked, we will know that equilibrium has been reached..
 
True HTRN.

However, because of the "dead cat bounce" stock market rally, it looks like demand for guns and ammo began to shift from a "surge" to something a little more gradual.

If commodity prices dip too, I'd actually expect a drop (not due to deflation) in ammo prices. (FWIW, I believe they'll start to rise, as you mentioned).
 
It does appear that their contract prices are lower than market.

We should expect these to adjust for the latter of this year.

Once the contracts are re-worked, the prices should be more consistent.

When the prices jump 30% and the shelves are stocked, we will know that equilibrium has been reached..

It is my personal belief that Walmart will not continue to carry ammunition forever. They have been focusing on a more "family friendly" geared product selection lately. Guns were the first to go from their product line a while back, and I believe it is only a matter of time before the ammo and accessories are next on the chopping block.

Dan
 
It is my personal belief that Walmart will not continue to carry ammunition forever. They have been focusing on a more "family friendly" geared product selection lately. Guns were the first to go from their product line a while back, and I believe it is only a matter of time before the ammo and accessories are next on the chopping block.

Dan

Maybe, but maybe not. They still sell handguns the last I checked in AK.

Every time I go to Missouri hunting, I end up buying something in the Mountain Home AR wal-mart. They seem to stock a WIDE selection of rifles and ammo. Doesn't seem to be a reduction there.


I think that their motives are actually more pure /capitalism/ than that. In MA the new laws and the AG made things UGLY for all retailers of firearms, and with the instant criminalization of many of the MA gun owners in 1998, I just don't think that the market was sustainably profitable for them.

Do I think that they want to do away with all firearms? Yes.

Will they if they are still profitable? Probably not.
 
Maybe, but maybe not. They still sell handguns the last I checked in AK.

Every time I go to Missouri hunting, I end up buying something in the Mountain Home AR wal-mart. They seem to stock a WIDE selection of rifles and ammo. Doesn't seem to be a reduction there.


I think that their motives are actually more pure /capitalism/ than that. In MA the new laws and the AG made things UGLY for all retailers of firearms, and with the instant criminalization of many of the MA gun owners in 1998, I just don't think that the market was sustainably profitable for them.

Do I think that they want to do away with all firearms? Yes.

Will they if they are still profitable? Probably not.

You are probably right. I am just not looking forward to the day they get rid of ammo if/when that day comes [rolleyes]
 
In Massachusetts it is illegal to sell ammunion without a license.

Therefore all buying up of ammo here is for personal use.
 
Down here Walmart is the only place that doesn't seem to have ammo - the gunstores and shows seem to have a steady supply. And, yes, they do charge more.
 
This reminds me of when the playstation 3 came out. people waiting in line all night to get one and sell for a profit.

I find it to be a very dishonest way of making a quick buck.

I find the whining over people making a profit quite socialistic and pathetic.

WTF is "dishonest" about buying something with the intention of reselling it at a mark up?

That is EXACTLY what all commerce is about.

You do not have the right to ammo or playstations. Hustle, make your own, or lose.
 
Have you considered reloading?

God forbid Youradolt would have to expend an ounce of energy to provide for himself. He wants an unlimited supply of whatever he likes at the nearby store and all at the price HE thinks it should sell.
 
The problem with a private citizen buying up stock-piles of ammunition with the intent on reselling it is, that is, by definition, a business. The person should be: Charging Sales Tax, Paying Business Profit Tax, reporting the income. If they are doing it out of their home, their home is likely not zoned (and there for taxed) as a business property.

Avoiding those expenses and restrictions provides them with an illegal and unfair business advantage.

Also, the person is likely not waiting all week at Walmart, they likely know exactly when the Walmart delivery truck arrives and then proceed to buy-up all of the available stock they can as soon as it arrives, specifically creating a supply problem to drive up the price. That is also, specifically illegal.
 
If the demand were not there, the people buying at WM and reselling elsewhere would end up stuck with a lot of product that won't sell. I can't imagine that the price would not begin to come down as well, as John Q Public has seen his beloved WWB 9mm at WM once or twice this month and thus will only pay a $5 premium to the person who has it available when and where Johnny wants to buy it.

I find it distasteful when the WM sticker is still on the box and the price is "10 bucks over the sticker" but that does not make it wrong. If they are selling it for too much people will stop buying. When people stop buying, he sells it for $7 over, or $5 over, etc. When they stop buying it there he walks it down more, and if he's smart he liquidates before it reaches equilibrium on all those calibers he won't personally use.

The market will clear, but sometimes it doesn't move as quickly as people would like. We knew the sub-prime mess was a timebomb, but since you can't know when the market will stabilize its hard to take the other side of the trade. If you don't want to pay over WM's list price, don't. Its pretty simple. Once you and everyone else who feels that way stops begrudingly paying a premium to someone who had the foresight and cash flow to make it available to you where and when you want it, the price will come down. If he still has a ton of product at this point he'll take a bath on it because when WM has stocked shelves noone will be paying a premium for ammo that has been in less controlled conditions. He'll have to mark it down, and if he really guessed wrong and bought out the first full restocking truckload he may lose more than he ever made when prices were still high. I won't cry for him, that's the risk you take, and that's another reason for the premium when supply is short.

... on taxes and business regulation: I believe a business needs to reach a certain sales threshold before there is a need to register as a business. Babysitters don't need to register as a business, but I don't see people complaining that they're not paying their share into SSI, MediCare, etc.

Also, the costs are not zero for this hypothetical reseller. There is the value of the person's time, because I can attest to the fact that it is a crapshoot to find ammo at WM, even when you have a decent idea of the delivery cadence. The person reselling is either using cash in their bank account or using borrowed money to buy the ammo. Either way there is a time value of money - either the interest owed or the other opportunities to use it for profit. This of course assumes that the person believes the value of the dollar will continue to increase. It gets a little stickier when those assumptions change. And then there is the simple convenience factor. They haunted the WMs while you did something else you value. They did the dirty work, and they are hoping that you pay a premium for it. If you value their work, pay the premium. If not, pass them by and let the price fall. Econ101, unfortunately these basics are not taught in normal tracks in school.
 
I don't want to have to lock this thread because people aren't thinking before typing words. Everyone's got an opinion and there are ways of getting your point across without getting snotty.

Behave....and unlike some mothers - I only say it ONCE.
 
Who says one has to be a dealer to sell ammo?

You don't have to be a dealer but you CANNOT sell ammo without a special license:

Chapter 140: Section 122B. Sale of ammunition; ...

"No person shall sell ammunition in the commonwealth unless duly licensed. The chief of police ... after an investigation into the criminal history of the applicant to determine eligibility to be licensed under this section... The fee for an application for a license to sell ammunition shall be $100...

"Whoever not being licensed, as hereinbefore provided, sells ammunition within the commonwealth shall be punished by a fine of not less than five hundred nor more than one thousand dollars or by imprisonment for not less than six months nor more than two years. "

http://www.mass.gov/legis/laws/mgl/140-122b.htm
 
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