Shocked at LGS Today

This is a discussion on Shocked at LGS Today within the General Firearm Discussion forums, part of the Related Topics category; Stopped into my LGS for the 1st time this year. They had 8 evil black rifle including a Colt LE6920 which has a MSRP of ...

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Thread: Shocked at LGS Today

  1. #1
    Member Array Dono's Avatar
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    Shocked at LGS Today

    Stopped into my LGS for the 1st time this year. They had 8 evil black rifle including a Colt LE6920 which has a MSRP of around $1080.00 for $3000.00! Asked about some FMJ 9mm for the range.....They have some cheap PMC for $49.99 box of 50! I guess they figure if they were regular price it would all be gone and end up for sale at those inflated prices anyway. I don't know what to think.

    Dono

    BTW.....It is Savage Trading in Yukon, OK

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  3. #2
    Ex Member Array gregnsc's Avatar
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    Wow and i saw a box of 9mil fmj's not far from me today,and i thought 35.00 was high.I left them there,for someone else.

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    VIP Member Array sixgun's Avatar
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    Price gougers Im tellin ya

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    Member Array paynetrain1988's Avatar
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    These shops that jack their prices up will never see my business now or in the future.

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    "Price gouging" Noun 1. price gouging - pricing above the market price when no alternative retailer is available

    price gouging - definition of price gouging by the Free Online Dictionary, Thesaurus and Encyclopedia.

    This isn't price gouging. It is the principles of supply and demand.

    Ya'll would hate trading on the stock market.
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  7. #6
    Member Array paynetrain1988's Avatar
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    Quote Originally Posted by WHEC724 View Post
    "Price gouging" Noun 1. price gouging - pricing above the market price when no alternative retailer is available

    price gouging - definition of price gouging by the Free Online Dictionary, Thesaurus and Encyclopedia.

    This isn't price gouging. It is the principles of supply and demand.

    Ya'll would hate trading on the stock market.

    I trade on the stock market and this is not the same they are raising the prices way over retail. In the market buy shares of a company you expect to make returns on your investment due to improved sales or production/research.

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    VIP Member Array First Sgt's Avatar
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    Well...if THAT is the best price they can put on their "supply", then I will let someone else "demand" it and I'll be happy to pass on to allmy friends that their "supply" prices are GOUGING folks...JMO
    Sometimes in life you have to stand your ground. It's a hard lesson to learn and even most adults don't get it, but in the end only I can be responsible for my life. If faced with any type of adversity, only I can overcome it. Waiting for someone else to take responsibility is a long fruitless wait.

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    VIP Member Array rammerjammer's Avatar
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    Never shop there again is my suggestion.
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    Member Array BWBracelets's Avatar
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    Re: Shocked at LGS Today

    I love the videos done by learnliberty on YouTube. While the situation in this video is not the same as the discussion at hand, I believe the principle applies.
    http://www.youtube.com/watch?v=h9QEk...e_gdata_player

    www.getcorded.com

  11. #10
    VIP Member Array 1MoreGoodGuy's Avatar
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    Why weren't you already prepared with an adequate supply of ammo on hand?
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  12. #11
    New Member Array Bullseye_'s Avatar
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    It is that way all over. I live in AR and the retail stores have not been able
    to get ammo in stock. It is sold soon as they open the case!

    Hopefully supply and demand will equal out soon.

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    Quote Originally Posted by paynetrain1988 View Post
    I trade on the stock market and this is not the same they are raising the prices way over retail. In the market buy shares of a company you expect to make returns on your investment due to improved sales or production/research.
    You might get paid a dividend that way, but hopefully you are buying shares when they are low, (meaning not many others want them) and will sell your shares when they are high (when there is greater demand). The value of the shares have changed based on the number of outstanding shares (supply) and the value that others place on them (demand). So are you gouging the next person that buys your shares? You are selling them for hopefully much more than you paid for them, are you not? They are still the same shares, right?
    Naufragia and atctimmy like this.
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    Senior Member Array NCSoxFan's Avatar
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    Wow, I may crack into my surplus and sell some off at these prices.
    WHEC724, atctimmy and atctimmy like this.

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    Retail price: the price that the general public will pay for a given item, based upon supply and demand.

    MSRP: Manufacturer's SUGGESTED Retail Price. If nobody is buying, then retail price will likely be below MSRP. If the demand is high or supply is limitted, then retail price is likely going to be above MSRP.

    Cry Baby Socialists: Those folks who whine when Capitalism does it's thing and prices are set according to supply and demand.
    GeorgiaDawg and mg27 like this.
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    Distinguished Member Array Exacto's Avatar
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    Quote Originally Posted by paynetrain1988 View Post
    I trade on the stock market and this is not the same they are raising the prices way over retail. In the market buy shares of a company you expect to make returns on your investment due to improved sales or production/research.
    Supply and demand drive the price. That's capitolism. You can always say no.
    RickyD and Chorizo like this.
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