Posted on 11/18/2008 10:30:09 PM PST by ikka
TODAY IS TUESDAY 11/18/2008
THERE ARE SOME IMPORTANT THINGS GOING ON IN THE INDUSTRY. I KNOW THE FOLLOWING IS WORDY BUT READING IT MAY HELP YOU DECIDE WHETHER TO BUY NOW.
OKAY - HERE IS THE DEAL
LAST WEEK WE SOLD OUT VIRTUALLY TO THE BARE WALLS. WE HAD A TON OF INVENTORY LAID IN AND STOCKPILED IN ANTICIPATION OF THE PANIC BUYING THAT WOULD BE CREATED BY THE ELECTION. IT SIMPLY WAS NOT ENOUGH. IF IT SHOOTS OR HOLDS ROUNDS OF AMMO IT PRETTY MUCH LEFT HERE LAST WEEK.
I HAVE NEVER SEEN ANYTHING LIKE IT.
AROUND WEDNESDAY OF LAST WEEK WE CHANGED OUR FOCUS FROM SELLING, TO TRYING TO BEG, BUY AND SCROUNGE ANYTHING WE COULD PURCHASE. IT WAS VERY DIFFICULT. MOST OF THE INDUSTRY IS EITHER OUT OF SEMI-AUTO FIREARMS, MAGS, AND AMMO, OR THEY HAVE PUSHED THE PRICE WAY UP IN ORDER TO SLOW SALES AND KEEP FROM BEING WHERE WE BASICALLY ARE NOW. SOLD OUT TO THE BARE WALLS. THE LARGEST IMPORTER IN THE COUNTRY AS OF LAST MONDAY HAS SUSPENDED SALES OF ALL OF THEIR HI-CAPACITY MAGAZINES AND RAISED PRICES ON ENTIRE CLASSES OF FIREARMS BY 25% TO 40% ACROSS THE BOARD. THE PRICE INCREASE IS REALLY IRREVALENT HOWEVER AS THEY HAVE NO AVAILABLE QUANTITIES ON ANY OF THESE FIREARMS.
LET ME GIVE YOU SOME PERSPECTIVE.
IN THE THIRD QUARTER OF THIS YEAR, ( JULY THRU OCTOBER ) WE SOLD THE FOLLOWING
7.62X39 AMMO................361 CASES
AK 30 RD MAGS.....................................783
AK RIFLES (ALL TYPES ) .........................243
BY COMPARISON, IN THE 10 DAYS SINCE THE ELECTION WE HAVE SOLD
7.62X39 AMMO................1218 CASES
AK 30 RD MAGS.....................................3855
AK RIFLES (ALL TYPES ) .........................572
THAT IS IN ADDITION TO THE AR RIFLES, GOLANI RIFLES, TANTALS, AND OTHER FIREARMS THAT HAVE ALSO SOLD LIKE WILDFIRE.
SOME OF OUR LARGER DEALER CUSTOMERS HAVE BEEN ATTEMPTING TO PLACE ORDERS FOR HUNDREDS OF FIREARMS WITH US WHEN WE ONLY HAD DOZENS IN STOCK.
WE ARE VERY SMALL AND THESE ARE HUGE NUMBERS FOR US. WE WOULD HAVE SOLD MORE TOO EXCEPT WE SIMPLY COULD NOT ANSWER ALL THE CALLS, AND THEN WE SOLD OUT.
THE GOOD NEWS IS WE HAVE HAD SOME SUCCESS IN BUYING. WE PURCHASED PRODUCT ANYWHERE WE COULD FIND IT WITHOUT MUCH REGARD FOR THE PRICE. IT WAS ALL WE KNEW TO DO. IT WAS EITHER THAT OR BE SOLD OUT AND CLOSE THE DOORS.
WE ARE POSTING BELOW THE THINGS THAT WE HAVE AVAILABLE FOR SALE. SOME OTHER ITEMS WILL BE COMING ON BOARD OVER THE NEXT SEVERAL DAYS AND WE WILL POST THEM UP AS THEY ARRIVE. THE PRICES ARE HIGHER . I CAN'T APOLIGIZE FOR THAT. IN MOST CASES WE ARE PAYING MORE AND MAKING LESS. IF YOU NEED THESE ITEMS AND CAN FIND THEM FOR LESS ELSEWHERE, I ENCOURAGE YOU TO GET THEM.
I HOPE AGAINST HOPE THAT THIS MARKET WILL LEVEL BACK OUT SOON, BUT WITH BANS AND RESTCTIONS BEING ONE OF THE PRIMARY STATED GOALS OF THIS NEW ADMINISTRATIONS I JUST DON'T SEE IT HAPPENING.
THANK YOU FOR YOUR PATIENCE AND UNDERSTANDING.
ping
The clerk was an elderly gentleman that said he's never seen the like of people buying ammunition. Said one guy came in and bought over $600 worth of ammo. "It's almost like everyone is afraid of something but they're not sure of what it is".
I told him it's because we are in a transition from once being known as the United States of America to officially being an Obamanation.
Chaos is sure to come and everyone senses it.
Saw where permit applications spiked before the election, but I cannot find the article now.
Think even the demonrats are buying.
Just today I received my CHL paperwork. Class scheduled for early Jan.
Classes booked up fast recently.
I'm doing the same thing.
I'm also looking at buying some of the Wolf "spam cans" of .45 ACP and 9mm.
It should keep nicely, and my Glocks will digest it without a problem.
You are correct of course, observations only. It will be interesting to see what actual sales are for the months of Nov and Dec. More anecdotal evidence this weekend in Reno, Nv - there is a three day gun show. I find it amazing that in a shaky economy people are not hesitating to plunk down $600 for a handgun.
Better hurry or you’re just going to have to be packin’ like all the rest of gangbangers. ;)
The Merchandise Mart, where the show is located, is a large facility. It used to be you could just walk right in. This time, the line to get in was all the way down the side of the block and half way around the other. Inside, the place was so packed it was hard to walk around.
The worst part is there was no .357 mag ammo to be had. I was told it was all sold out in the first hour and a half of the show's opening.
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