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Bump stock hearing.

Discussion in 'Gun Legislation' started by saltwater_therapy, Mar 7, 2019.

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  1. roadkill

    roadkill Well-Known

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    They did destroy 60,000. I’d say yes they were busy.
     


  2. benenglish

    benenglish Lifetime Supporter Staff Member Lifetime Member Admin

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    I doubt it.

    Roberts had no practical impact on the case. There's no practical way for the ATF to enforce the ban as things currently stand.

    If the ban is eventually struck down, everyone who wants to use theirs in public will have just acquired it in an unrecorded face to face sale from a member of one of the named parties.

    Right? :)
     
  3. benenglish

    benenglish Lifetime Supporter Staff Member Lifetime Member Admin

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    I hadn't heard about that. Got a link? I'd like to read up on it.
     
  4. roadkill

    roadkill Well-Known

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  5. Shady

    Shady Well-Known

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    Ya 60K that was sitting in a manufactures warehouse that wanted 10X the price of the cheap ones so he ate it all over blowing them out.

    the media tries to make it seem like more than 100 people actually turned them in Nationwide ;).


     
  6. Southpaw

    Southpaw LOW CLASS TGT Supporter

    I don't understand this at all. For months they sent out emails, "Hurry!! Buy Now!!" etc, but never once dropped their prices substantially enough IMO. How does turning in 60,000 units for $0 make sense, over say, blowing them out at -$100 and taking whatever you could get?

    I can guarantee at $75 a piece, which I'm guessing is still above cost, people would have sucked these up regardless of the upcoming law.
     
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  7. benenglish

    benenglish Lifetime Supporter Staff Member Lifetime Member Admin

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    I didn't get those emails. At what price were they holding firm?
     
  8. roadkill

    roadkill Well-Known

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    Even at $10 a stock that’s a $600,000 loss. Looks like they’ll have a good tax write off this year.
     
  9. Southpaw

    Southpaw LOW CLASS TGT Supporter

    Sure, but at $75 a stock, that's 4.5 million. Perhaps they couldn't have sold all of them in time, but at $75 or even $50, they would have sold way more then $600,000 worth. Running a business is not in my wheel house, so perhaps I'm missing their angle, just seems strange by the numbers I see.


    Regular sale price as far as I could tell.. The cheap one was around $180 and other models were in the mid $200's.
     
  10. Kar98

    Kar98 TGT Addict

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    Same-ish article, but has video and soundbites:

    https://www.wfaa.com/article/news/n...fect/287-63dc2e84-998b-4559-8f1e-2663e7b802f3
     


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