Thanks are settling down, but is the panic buying over?
I guess it depends on whether or not you want to think about all of the things that could cause people to buy more firearms or ammunition, but now that the States that passed the new gun legislation have pretty much done so, not many more are going to pile on. Their are going to be Political and economic ramifications for passing some of these new gun laws and we’ll find out the results in 2yrs. We recently heard that some companies like Remington are now restricting sales to gun shops that are price gouging on ammuntion and their are now boycotts of several big name companies for what they did in regards to AR15 sales on Magpul Pmag sales. We see this type of panic and emotionalism after hurricanes or earthquakes and it’s widely accepting that the political opportunism that Obama has played is going to have blow back at some point.
We have noticed that there is somewhat of a slow down but much of this is because there isn’t anything to buy. Ammunition is going to be hard to get for a long time but Glock Factory Magazines are starting to show up on our inventory and we recently got some Glock 21, Glock 26 and Glock 27 magazines in, in large quantities. We have not raised our prices about list price and we’re seeing positive response from our customers and developed a lot of loyalty. The only thing that seems to be impossible to get right now are the Glock 22 coversion kits, although we do have small quantities of spare magazines in stock.