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so just before the madness started, I ordered more mags than I wanted....

This is a discussion on so just before the madness started, I ordered more mags than I wanted.... within the AR Talk forums, part of the Long Gun Talk category; if you really need the $, sell them for what you can. if you're just trying to make the most you can, then thats up ...

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Old 01-23-2013, 01:36 AM   #21
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if you really need the $, sell them for what you can. if you're just trying to make the most you can, then thats up to you. personally id just hold on to them rather than selling for overinflated prices.
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Old 01-23-2013, 08:15 AM   #22
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Groo...im with you man. Over the years i have bought more mags than i need. When i saw a sale i would buy a few. I sold to my dad as many as he wanted as well over the years at what i paid for them. Now, i have 10+ unopened Pmags sitting in my safe that i dont need. I bought them because they were a good price; i didnt need them at all...no other reason than an investment. How am i a bad person because at this point my investment has made a terrific gain and i may look to cash it out? I dont understand...the rules of investment are buy low sell high. If this was a stock, nobody would say...just find someone who needs it and sell it for what you paid, and let them make the cash gain on it. I bought these as an investment...and its turning out to be a very good investment. Bash me if you want...its not my fault people didnt prepare...and are willing to pay stupid prices.
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Old 01-23-2013, 08:17 AM   #23
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So putting them on an auction site with an opening or minimum bid of $125 for 4 makes me a decent guy, but asking 4 for $125 for them and not caring too much if they sell or not makes me a douche?
Its not like my actions would raise the price for anyone else. These are mags that were not taken off the open market.
Would selling an ounce of gold for more than the $300 it was once worth also make me a douche?

ps. I know of no friends or family that own a gun that would fit these. Most of the "gun people" I know are Fudds. I have given away a rifle mag that is worth much more than even the obscene prices these go for now, because I knew someone who could use it, and I couldn't.


Nope, putting them on an auction site for a bit over cost and watching them inflate because stupid people can't help it, makes you a decent guy. Look, it's your decision but don't get upset because YOU asked for opinions and YOU got them.

This current supply vs demand isn't normal inflation due to cost of materials, it isn't due to lack of supply due to legislation, material shortage or other reasons.. it is temporary inflation due to people purchasing everything on the shelf and then turning around and selling for an exorbitant amount. It was created by gun owners. I find it foolish, personally. Some here have said it isn't a moral issue, if the needle in your compass is bent, go ahead and sell for whatever. I tend to not take advantage of others.
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Old 01-23-2013, 08:26 AM   #24
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Nope, putting them on an auction site for a bit over cost and watching them inflate because stupid people can't help it, makes you a decent guy. Look, it's your decision but don't get upset because YOU asked for opinions and YOU got them.

This current supply vs demand isn't normal inflation due to cost of materials, it isn't due to lack of supply due to legislation, material shortage or other reasons.. it is temporary inflation due to people purchasing everything on the shelf and then turning around and selling for an exorbitant amount. It was created by gun owners. I find it foolish, personally. Some here have said it isn't a moral issue, if the needle in your compass is bent, go ahead and sell for whatever. I tend to not take advantage of others.
It doesnt matter if its normal or not...Its still the basic supply and demand model. It doesnt matter who is selling the goods...the price is up because demand is up. Its also not due to people purchasing everything on the shelf and turning around and reselling it. Ther are plenty of retailers cashing in on this too. Of course its created by gun owners...who else buys this stuff.

It is foolish, its foolish to pay these prices. Im not saying to go out and find deals simply to turn around and make money. But if you bought extras over the last couple years and are now looking to sell them...it has nothing to do with morality. It has to do with smart financial decisions. Again...i will go back to my previous post. Investments dont have to revolve around the stock market. My investment guy told me years ago that if i want to stay out of the stock market risk that guns were a good bet if you do your homework. They dont lose value.
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Old 01-23-2013, 08:59 AM   #25
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Originally Posted by taylor6400 View Post
It doesnt matter if its normal or not...Its still the basic supply and demand model. It doesnt matter who is selling the goods...the price is up because demand is up. Its also not due to people purchasing everything on the shelf and turning around and reselling it. Ther are plenty of retailers cashing in on this too. Of course its created by gun owners...who else buys this stuff.

It is foolish, its foolish to pay these prices. Im not saying to go out and find deals simply to turn around and make money. But if you bought extras over the last couple years and are now looking to sell them...it has nothing to do with morality. It has to do with smart financial decisions. Again...i will go back to my previous post. Investments dont have to revolve around the stock market. My investment guy told me years ago that if i want to stay out of the stock market risk that guns were a good bet if you do your homework. They dont lose value.
That is your opinion, it's still a moral issue to me. Taking advantage of someone regardless if you bought extra ten years ago or bought it ten hours ago... is still taking advantage of someone. There is a guy on one of the local gun forums, pretty much the only guy with ammo left (loaded up over the past few years, just waiting for something like this to happen), selling for over a dollar a round for junk ammo. Free market, yes, legal, yes. He's still a dirtbag.
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Old 01-23-2013, 09:24 AM   #26
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That is your opinion, it's still a moral issue to me. Taking advantage of someone regardless if you bought extra ten years ago or bought it ten hours ago... is still taking advantage of someone. There is a guy on one of the local gun forums, pretty much the only guy with ammo left (loaded up over the past few years, just waiting for something like this to happen), selling for over a dollar a round for junk ammo. Free market, yes, legal, yes. He's still a dirtbag.
Its not like your putting the screws to someone for something that is life or death. They dont NEED a magazine to survive right now.

Your telling me you have never made money on a deal you have found that you turned around for a quick buck? Never made a smart move in the stock market that netted a profit? Never made an investment that benefitted yourself at the sake of someone or some businesses? I guess we agree to disagree on this one. I see it as smart investing...you see it as questionable morals. Which makes no sense to me.
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Old 01-23-2013, 09:36 AM   #27
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Originally Posted by taylor6400 View Post
Its not like your putting the screws to someone for something that is life or death. They dont NEED a magazine to survive right now.

Your telling me you have never made money on a deal you have found that you turned around for a quick buck? Never made a smart move in the stock market that netted a profit? Never made an investment that benefitted yourself at the sake of someone or some businesses? I guess we agree to disagree on this one. I see it as smart investing...you see it as questionable morals. Which makes no sense to me.
100% agree. Surprised by some of the comments I'm reading.

I still fail to see how it is taking advantage of anyone? If I have a ___ and I think it is currently valued at ___ and someone also feels it is valued at ___ and chooses to buy it, how is that taking advantage of anyone?
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Old 01-23-2013, 09:39 AM   #28
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Originally Posted by taylor6400 View Post
Its not like your putting the screws to someone for something that is life or death. They dont NEED a magazine to survive right now.

Your telling me you have never made money on a deal you have found that you turned around for a quick buck? Never made a smart move in the stock market that netted a profit? Never made an investment that benefitted yourself at the sake of someone or some businesses? I guess we agree to disagree on this one. I see it as smart investing...you see it as questionable morals. Which makes no sense to me.

Apparently.

You feel it's morally acceptable to gouge someone as long as you can justify it to yourself. I cannot.
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Old 01-23-2013, 09:43 AM   #29
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I'm sorry but selling for a profit is not a moral issue. Perhaps there is some guy out there that would pay ANYTHING for an additional pmag for his brand new $2000 Oracle. If you put the mags up for sale for $50/ea and someone buys them, that meant that the particular item (mag) was worth at least $50 to the buyer. Welcome to capitalism.
^^this
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Old 01-23-2013, 09:46 AM   #30
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100% agree. Surprised by some of the comments I'm reading.

I still fail to see how it is taking advantage of anyone? If I have a ___ and I think it is currently valued at ___ and someone also feels it is valued at ___ and chooses to buy it, how is that taking advantage of anyone?
You fail to see how it's taking advantage because you have justified gouging to yourself.
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