Author Topic: Panic mentality is just stupid  (Read 5099 times)

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Onepoint

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Panic mentality is just stupid
« on: January 15, 2021, 03:42:25 PM »
So I am on several lists of online auction services.  One that came up relatively close to me had an estate with several guns and ammo.   Among the ammo was some mostly 22lr and 223 among others.  As soon as it opened the ammo shot up to what its bringing on gunbroker, 7 days later with a few hours left its gotten ridiculous. 

3 333rd boxes of Winchester 22lr 36gr hp, is up to $150
2 325rd boxes of rem 'target grade' - $110
bag of 200rds loose Fed xm193 - $260
bag of 300rd same - $360
110rd box of the same xm193 - $100

Its nuts


Experience is the hardest kind of teacher, it gives the test 1st and the lesson after.

Courage is knowing it may hurt and doing it anyway.
Stupidity is the same.
This is why life is so hard.

1mlt

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Re: Panic mentality is just stupid
« Reply #1 on: January 15, 2021, 04:07:40 PM »
NS Sherlock !!!! Maybe I'll sell off my ammo and have enough to retire on until 132 years old.
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Rocketvapor

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Re: Panic mentality is just stupid
« Reply #2 on: January 15, 2021, 04:27:36 PM »
Not me.
I have enough ammo and reloading supplies to last until I'm 132 years old.
:)
Well I guess my new **** stirrin paddle don't work . I got a like . WTF 😈

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Hodgie

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Re: Panic mentality is just stupid
« Reply #3 on: January 15, 2021, 04:39:32 PM »
Embarrassed to say I paid $143.00 shipped for 250 rounds of 223 today from SuperVel. They released 10,000 rounds and it sold out in well under a minute. I was lucky to have it in my cart from last time still when I missed it.

It’s the only caliber I feel like I am light on and when the weather warms up I would like to take a carbine class.

Onepoint

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Re: Panic mentality is just stupid
« Reply #4 on: January 15, 2021, 04:58:43 PM »
I am light on everything considering what is happening, but I will be damned if I will pay over a buck a round for plain jane xm193.  I guess it was fortunate I held onto a bunch of the 5.45 as well as the upper I didn't use much, I almost dumped it all back on the market late 2019, but procrastination certainly paid off this time!
Experience is the hardest kind of teacher, it gives the test 1st and the lesson after.

Courage is knowing it may hurt and doing it anyway.
Stupidity is the same.
This is why life is so hard.

Lafayettegregory

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Re: Panic mentality is just stupid
« Reply #5 on: January 15, 2021, 05:07:29 PM »
I feel for you guys who are short on supply. I suggest when prices level off you stock up ridiculous amounts of ammo.
 We have been through this multiple times over the last 20 years.  You need about 10k for each rifle caliber other than .22 and 50k is not unreasonable.  Maybe 5 k for pistol rds except any pistol rds that do double duty as sub of rifle rds such as 9mm. 50 k of that might be enough.

JimmyJamesKY

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Re: Panic mentality is just stupid
« Reply #6 on: January 15, 2021, 05:09:19 PM »
You know it's bad when your ammo is worth more than your gun collection.  I could use some 9mm and .223, but I'm not about to pay a dollar a round.  I'll hold off until the panic (hopefully) subsides.

https://www.sgammo.com/product/magtech-ammo-sale/1000-rounds-9mm-luger-124-grain-fmj-nato-military-spec-ammo-made-cbc-m2a1-

https://www.sgammo.com/product/223-556mm-ammo/1000-round-case-223-rem-55-grain-fmj-steel-case-red-army-standard-ammo-made-r

.75/rd for steel case.  Dammit man!
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Onepoint

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Re: Panic mentality is just stupid
« Reply #7 on: January 15, 2021, 05:15:12 PM »
Well I am hardly short, I just don't like the prospects of potentially resupplying any used anytime soon.  I'll leave the buck a round stuff for those who really need it.
Experience is the hardest kind of teacher, it gives the test 1st and the lesson after.

Courage is knowing it may hurt and doing it anyway.
Stupidity is the same.
This is why life is so hard.

Hodgie

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Re: Panic mentality is just stupid
« Reply #8 on: January 15, 2021, 05:37:05 PM »
Word within the industry is this won’t be leveling off by 3rd quarter 2021 like they had hoped. I guess that depended on the election. It was said that it may take up to two years for things to change. The recent anti bills that were put in especially the banning of internet sales and the huge excise tax on it aren’t helping to lessen the buying.

Hell this could be our new norm.

I would always like more ammo but I am good on x39, .22lr, and 9mm.  .223 was lighter then I would like it to be which is why I broke down and paid the .55 a round. I just don’t see it getting any cheaper anytime soon.

Greatguns

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Re: Panic mentality is just stupid
« Reply #9 on: January 15, 2021, 06:04:34 PM »
I was looking at buying a Taurus M992 with both lr and wmr cylinders, but not now. I got mad when I saw the .22lr go up to $0.20/round. Got plenty for my needs with what I already have though.

JimmyJamesKY

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Re: Panic mentality is just stupid
« Reply #10 on: January 15, 2021, 06:13:43 PM »
I've been looking hard at the new Turkish Benelli M4 clone.  I'm really wanting a semi auto shotgun.  Can afford the gun, may not be able to afford to feed it.
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LESchwartz

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Re: Panic mentality is just stupid
« Reply #11 on: January 15, 2021, 07:20:13 PM »
I'm stocked up on enough ammo to last me the rest of my life.  Even if I continue shooting at my present rate (doubtful), all I may have to buy is some 22LR and 9mm when I'm in my 70s.

Ammo prices took another big spike upward after the DC riot.  I expect a bunch of folks realized that there's an almost 100% probability that Uncle Joe will be the 46th POTUS.  We'll see if the online ammo sales really come to a halt as a result.  But if they do, ammo prices are sure to be higher purchasing from local suppliers who have less competition than online suppliers do.  However, even then I expect ammo price to come down once the panic is over.

In the meantime, sit tight and if you have a stash it could be time to break some of it open.  But it's your stash, if you want to buy during a panic that's up to each one of us.

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Rocketvapor

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Re: Panic mentality is just stupid
« Reply #12 on: January 15, 2021, 07:38:24 PM »
Pay constant attention to online resellers. 
Products will last minutes.

I recently bought powder that is now out of stock.
UPS is delivering 500 more .224 95gr SMK today.

Have enough brass to burn out every barrel I own
(except my SKS's that can't be worn out :) )

May end up shooting some lighter loads with WSR for fun.

You will have to be on your toes to buy when something pops up.
It will be like this until everyone's stash is saturated. 
Well I guess my new **** stirrin paddle don't work . I got a like . WTF 😈

Flo just received her EXPERT Mid range card from the NRA.

https://www.yahoo.com/news/famed-ex-uss-john-f-003916449.html

xtriggerman

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Re: Panic mentality is just stupid
« Reply #13 on: January 15, 2021, 10:43:13 PM »
DSA just had some Hirtenburger 7.62x51 in strippers and bandoleirs, 400rds per can. $289 out  Yesterday, gone today.  Im pretty good on that cal so I passed when the Email hit.  What I think of is how incredibly fast every warm blooded eatable animal will be dead inside a month. Then, folks will be sorry they didn't take a cut out of that warm body laying out side some ones house. Naw, ammo is good to have but I'm adding to my stash with this stuff. What good is all that sold out toilet paper when theres nothing to wipe? People are just stupid. I really, REALLY want to  say ignorant, but with the thumping Trump got? naw..... there stupid.

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Re: Panic mentality is just stupid
« Reply #14 on: January 16, 2021, 03:05:00 AM »
So I am on several lists of online auction services.  One that came up relatively close to me had an estate with several guns and ammo.   Among the ammo was some mostly 22lr and 223 among others.  As soon as it opened the ammo shot up to what its bringing on gunbroker, 7 days later with a few hours left its gotten ridiculous. 

3 333rd boxes of Winchester 22lr 36gr hp, is up to $150
2 325rd boxes of rem 'target grade' - $110
bag of 200rds loose Fed xm193 - $260
bag of 300rd same - $360
110rd box of the same xm193 - $100

Its nuts

It's lower than the last time. Bulk packs of .22 were hitting over $70 each.
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