What's your definition of "profiteering"? If I bought AAPL stock for $530 Friday, was the seller profiteering if he paid $100 four years ago? $325 in June 2011? If I buy a house for $200,000 this month, is the seller profiteering he he bought the house for $100,000? Am I profiteering if he bought the house for $275,000 during the bubble?mr surveyor wrote:C-dub wrote:Interesting. I wonder why these folks are selling. Are they selling because it is a seller's market? Are they selling before the ban so they don't have to register anything? Or are they selling one of their rifles to help fund ammo for one or two others?mr surveyor wrote:a buddy called me this morning to see if I wanted to go to the Longview show with him..... uuuhhhh, no, not on your life! He called me a couple hours later and said the line to get in, 30 minutes after opening, was extremely long. He said there were probably 30-40 guys "in line" with AR's on their shoulders for sale and overheard three of them telling potential buyers a price of $2500. Lots of profiteering going on amongst our ranks. What was Emanuel's statement... "never let a good tradgedy go to waste" (paraphrased)? I find it disheartening that we are being led by the very people we so despise, to do this to ourselves.
note my use of the word "profiteering". I'm betting the majority of those folks walking around hawking their AR's remembered the rush in 2008-2009. They probably bought these in August or September at what we would consider "finally normal" prices, speculating on making a huge profit in the coming post election market...which has come.
I'm curious about your definition because based on what I hear from some people the past couple of weeks, one man's profiteering is another man's free market.