Ammo

[littlebluevette]

The price of 1,000 lots of 9m on Gunbroker.com has been dropping dramatically over the last week. Many lots have gone unsold because buyers did not meet the sellers greedy minimums.

The amounts of rifle/shotgun ammo on stock at the last few Walmarts I visited have also improved.

It's not going to be too long before the people who have been sitting on their inventory will have to lay on it.

 

[oneounceload]

My Walmarts are empty as they still have folks coming in (with advanced notice), buying it all and then selling at gun shows and on the web.

Gander Mountain, OTOH, has TONS of ammo - pallets of Win AA shotgun ammo, all kinds of PD ammo, everything in stock except .22. Seems many of the panic-stricken folks have maxed out their credit cards, or many have enough to sate them for a while

 

[Double Vision]

Last week we were at a gun show where there as ammo a-plenty in all calibers at prices that I would not pay.

 

[OldMac]

It does seem to be improving. The local armslist seems to be flagging or running off the flippers as they become obvious. Everyday there seems to be a different post warning and pleading with people to not feed the black proffiteer market. When everyone refuses to pay the gougers, they will stop hoarding and the retail market will recover completely. It is simple...never pay more than retail, ever.

 

[loose noose]

Right down the street from the gunshop that I work at ocassionally, sits a big blue van selling .22LR for $100.00 a brick. Where the heck are the police when ya need 'em.

 

[rgwalt]

On Texas Gun Trader, it seems like half of the ads are for ammo, but prices are coming down and ammo ads aren't being marked sold instantly. I think the situation is improving from where it was in Jan/Feb/March, but we are still a long way from this panic being over.

 

[thump_rrr]

Gold prices have fallen several hundred dollars in the past month.
I'd love to see people panic selling ammo the way some are now selling gold.

 

[GoWolfpack]

It does seem to be improving. The local armslist seems to be flagging or running off the flippers as they become obvious. Everyday there seems to be a different post warning and pleading with people to not feed the black proffiteer market. When everyone refuses to pay the gougers, they will stop hoarding and the retail market will recover completely. It is simple...never pay more than retail, ever.

Gougers and hoarding in the same post.

What's so wrong about flipping ammo? Somebody with more patience than me hovers at Walmart and grabs it, then they bring it to me for a fee. If I had all kinds of free time I would Walmart hop and grab whatever ammo I could at each one, but I have a job.

Plenty of 22LR for $75-90/brick. Steel 7.62x39 and .223 for around $350/1000

 

[joustin]

I have a job and manage to get ammo at Walmart. I stop in the morning before work and can usually get 22lr, 9mm or 223 one or twice a week for normal price.

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[351 WINCHESTER]

Ammo is coming back. .22 is still very hard to find, but give it a while longer.

 

[Prince Yamato]

Gougers and hoarding in the same post.

What's so wrong about flipping ammo? Somebody with more patience than me hovers at Walmart and grabs it, then they bring it to me for a fee. If I had all kinds of free time I would Walmart hop and grab whatever ammo I could at each one, but I have a job.

Plenty of 22LR for $75-90/brick. Steel 7.62x39 and .223 for around $350/1000

It creates artificially high prices. It prices out less affluent shooters. It also reduces gun sales at your local gun store as people tend to not purchase firearms that they can't buy ammo for.

So, no, profiteers do not help the economy.

While people have every right to act in such a manner, I and many others also have a right to call them out on their poor behavior.

 

[oneounceload]

It does nothing of the sort - it prices a product at current market value - if no one buys it, then it's value is diminished and then the price comes down - called supply and demand. If folks weren't acting so stupid and thinking the sky is falling, NONE of this would have happened.

No different with oil, wheat, copper, gold, or any other commodity. If you are less affluent, you have two choices, do something to make more money, or wait until the price eases up. If folks are WILLINGLY to pay the asking price - there is no gouging

 

[Potatohead]

yada yada yada. you guys always arguing over whats hoarding and whats not...and then sparring over economic theory....makes me laugh

 

[SabbathWolf]

The definition of "hoarding" is probably different for everybody.
I have one friend who only keeps a couple boxes of ammo on hand at a time.
I have another friend who buys ammo and also re-loads as well.
He has literally umpteen thousands of rounds on hand in a bunch of different calibers.
I am in the middle, but do "try" to keep at least one-thousand rounds on hand per gun.
There is no "right answer" here.

 

[mrvco]

Someone should merge all of the ammo price / availability / hoarding threads and make the combined thread a sticky!

 

[22-rimfire]

The price of 1,000 lots of 9m on Gunbroker.com has been dropping dramatically over the last week. Many lots have gone unsold because buyers did not meet the sellers greedy minimums.

Guess these people will be stuck with a lot of ammo. But for the most part, they paid regular prices for it. So, they can sell it for less.

Things are going to be changing very quickly in the next couple of months from an ammo point of view in my opinion. It has already started.

 

[Stargazer65]

I think it's better. I casually strolled into Cabelas Saturday afternoon this weekend. Picked up my allowed two boxes of .22 WMR, 2 boxes of Hornady .35 Rem, and some Pyrodex. I noted that they also had some 9mm, .357, .38 which I don't need currently, but they had it. They also had .223. They were out of .22lr, no surprise. That's not bad for a casual stroll into the store on a late Sat afternoon. I mean it's not like it was last November obviously, but it certainly seems better than the last couple of months.

 

[wow6599]

My local WM had some .40, .22lr, and 5.56. I bought my "3 per day limit" of 5.56 (60 rds), so maybe there is a light at the end of the tunnel?

 

[340PD]

One of my LGS had confirmation of his ammo delivery coming this week. Everything except 9mm and .45. A recent Gander Mountain opening right next store to a Cabelas found both stores with ammo of all calibers for a short time as the word got out. Another told stories of one of their customers having 80,000 rounds of .22lr and did not even own a .22. Another bought a Smith snubbie and 1100 rounds of .357 to go with it. The hoarders will be eating it soon, and deserve to do so. I am seeing lots of Glocks, sigs, and Ruger MKIII's in stock. Hope this continues to ease.

 

[thorazine]

Somebody with more patience than me hovers at Walmart and grabs it, then they bring it to me for a fee. If I had all kinds of free time I would Walmart hop and grab whatever ammo I could at each one, but I have a job.

Plenty of 22LR for $75-90/brick.

After taking away the cost of the ammo (approx twenty five per value pack) you pay a $50.00 to $65.00 convenience fee to have your twenty two delivered?

How much do you tip your pizza delivery guy or your waiter or waitress? Based on the logic above it can never be anything under forty dollars at any given time.

 

[Agsalaska]

It creates artificially high prices. It prices out less affluent shooters. It also reduces gun sales at your local gun store as people tend to not purchase firearms that they can't buy ammo for.

So, no, profiteers do not help the economy.

While people have every right to act in such a manner, I and many others also have a right to call them out on their poor behavior.

That is just incorrect on so many levels. They are no more of a contributor to the problem, than the mass retailers who refuse to raise their prices to market demand. In fact they are just a result of it. They are doing absolutely nothing wrong and are behaving far more appropriately than said retailers.

THe retailers need to take that incentive away by raising prices to average sale price. Right now there is far too big of a gap between minimum and maximum sales price on like items. That is inherently unhealthy, but the blame generally goes to those underpricing. And then to try to control it by rationing? Oh where to begin.

 

[ID-shooting]

Scalpers, pure and simple. No different than buying all the tickets and sleezing outside the stadium. Won't give them dime. I will just cut every gun in half, quit shooting and just go fishing before I give them a penny. I have never supported lynching but I will make an exception here.

Before you say I must be some guy who got caught short, wrong, I do have and keep 1k per gun.

 

[exbrit49]

Prince Yamato actually has it right

Having retired from a Corporate position and having a good business background, I have to agree with Prince Yamato!
Its hard to comprehend a response saying that it is the fault of the big box stores NOT raising their prices!
If you continue to sell or market you eventually drive away a customer base that may have been fringe. That's driving away your future market. Doesn't make a lot of sense does it? Big profits are fine but they sure don't hold and can actually cause a potential market to show an overall decline.
I say Kudos to the stores that held their prices and rationed to ensure that more people were able to secure some ammo for actual use. I have visions of these guys sitting counting their stash and gloating over it every night. LOL Just like king Midas.
I have had several conversations with the owner of my LGS and he is beginning to hurt. Customers come in to look at a firearm and are ready to buy, but there is no ammo on the shelf. This is a big fear from lots of medium size Gun stores.
My own nephew asked me to fo with him to look at a used .45 ACP. it was a great buy but there was no ammo on the shelf. We took it any way and I had to give him a couple of boxes of reloads to try it out.
As far as Northern Indiana goes, the buying frenzy continues! Out of curiosity I took at look at the regional Wal-Mart's and they all have empty shelves except for some 12 g Shotgun shelves.
I had to go past Gander ( I never shop there) and I stopped in to look at their situation. The shotgun supplies were vast but regular rimfire and center fire was virtually none existent. Where once used to sit all the ammo is now filled up with steel ammo cans!
I still believe that if the crazies would lay off and not buy for several weeks we would see some normalcy return.
All we can hope is that they run our of money or storage space soon!

As for me I am a re-loader and don't buy any ammo. I have adequate components and finished ammo to continue my shooting at my normal levels.
I really think enough has been written pro and con about hoarding. panic buying etc., I saw an earlier post suggesting that the subject be given a sticky and leave the space for legitimate firearm issues.

 

[oneounceload]

Must not have been responsible for finances in that corporation. Agsalaska has it right - raise the prices to prevent the scalpers from buying everything and raising the prices even higher than they would have been had the retailers just priced the product at current market values due to basic supply and demand

Try watching this video:
http://www.youtube.com/watch?v=h9QEkw6_O6w

 

[ID-shooting]

So you are saying, price it so high people can't afford it. They will loose interest, stop buying, stop caring about pro-gun politicians, and then when next gun ban comes along it passes. Next thing, whole country is under NY-style laws?

That is what will happen, look at tobacco, got so expensive people quit, now it is getting banned everywhere.

"Constitutional right" they won't care, we know that. Won't be enough left to stop them. Give it a generation if it cost you dollar each for .22lr and there will be less than half the shooters there are now.

Only way to keep masses interested it to keep it affordable for even the poorest to enjoy it.

Read some posts here, others are talking of not buying guns cuz they can't find ammo.

Stop the scalpers and ammo will return.