Personally I’ve been waiting for .223 and .308 to come down ... just ordered 1,000 rds of .223. Paid too much, but I’m running low and wanted it so I could take the kids shooting.
I backordered ammo from Cabela’s in Jan. It took three months to ship. I was fortunate to get it. The cost, while high by last year’s standards, .50/round is better than most places now-a-days. The price of .223 and .308 is coming down and the supply is becoming more plentiful. I see a light at the end of the tunnel.
In the next couple of months, as things return to something like normal, I will resume my normal bulk purchases of ammo. I will slowly build my stock again. This time I will keep twice as much as I had last time. I got through this ammo panic better provisioned than most of my friends. I even sold some of my ammo at pre-panic cost to these friends. However, I learned an important lesson. I will stack it deeper in the future.