Panic Buying December 2012

Kevin Felts, blogger and survivalistThis post is for the sake of prosperity, and for historical purposes. I feel that it is important to document what happened politically and in the shooting sports industry shortly after the Sandy Hook school shooting.

December 14, 2012 – Adam Peter Lanza fatally shot his mother, Nancy Lanza, and Stole 2 pistols and a Bushmaster AR-15 rifle. Adam Peter Lanza then drove to Newtown, Connecticut where he processed to enter the Sandy Hook Elementary School. After entering the school, Adam killed 26 people. The victims included twenty children and six adult staff members.

As emergency responders entered the building Adam killed himself.

The nation is shocked that anyone could inflict so much violence on children.

December 15 and 16, 2012 – News starts coming out that Adam suffered from Asperger’s syndrome, which is a form of autism.

Dianne Feinstein and Joe Lieberman vowed to introduce legislation to ban “assault weapons and high-capacity magazines”.

Cerberus Capital Management says they are going to sell Freedom Group, which is the owner of Bushmaster, as well as several other firearms companies. The news focuses on Cerberus Capital Management, Freedom Group and Bushmaster. There is no mention that Freedom Group also owns Remington, Marlin and several other brandnames.

In his speech at the December 16 vigil, Obama called for a renewed push for a better America, using “whatever power this office holds”.

December 17, 2012 – the NRA facebook page and website disappear off the net.

Gun sales surge.

Magazines sales surge.

As of Monday, December 17, 2012 it is clear panic buying is in full force.

Barack Obama states ‘we can’t tolerate this any more’.

The venom filled words of Dianne Feinstein, along with Obama saying he will support new gun laws spurs panic buying.

December 18, 2012White House says Obama would support new gun laws.

Reports are coming in of websites doubling the price of their Magpul Pmags.  Before the Sandy Hook shooting, windowed Pmags were selling for around $17.  Cheaperthandirt marks their non-windowed Pmags at $59.97.  Price later drops to 39.97 for non-windowed.

Cheaper than Dirt suspends online gun sales.

Dicks Sporting Goods and Walmart says they will suspend sales of the certain firearms.

Several Boycott Cheaper Than Dirt facebook pages are setup.

Websites are sold out of Pmags, and aluminum mags.

Gun stores reporting they are being cleaned out of AR-15 rifles.

Walmarts being cleaned out as people line up in the sporting goods section.

December 18, 2012

Lincoln Tactical posted on their facebook page saying they received 500 Pmags, they sold out in a matter of hours.

I called a local Academy sports and outdoors store to inquire how many AR-15 rifles they had sold in the past few days.  The sore manager refused to answer questions and asked me to call the corporate office.  Since this is a small blog, I doubt academy will answer any questions, so I did not bother calling corporate.

December 19, 2012

Reporting coming in from all over the nation of ammunition, AR-15s and AK-47s flying off the shelves.

Related Forum ThreadGuns and ammo flying off the shelves

Cheaper Than Dirt sends out email saying ” Cheaper Than Dirt! will Resume Online Firearm Sales Pending Policy Changes”

Cheaper Than Dirt! recently announced that it was temporarily suspending online sales of firearms pending a review of its order processing and procedures. Well-known for its ability to process and ship orders within 24 hours, online sales have skyrocketed to a point where it may take up to 72 hours for firearms and other items to ship.

“In light of recent events, we believe it is prudent to review our policies and procedures to ensure we can continue to provide the products and firearms our customers demand,” said Chief Operations Officer Roberta Wilson. “We will resume online sales once we update our process and continue as we have always done by shipping firearms only to FFL dealers.”

Ms. Wilson closed with, “As a long-time supporter of the Second Amendment, we will continue to serve the needs of the firearms community while ensuring our unsurpassed level of quality and customer service.”

December 20, 2012

Seems the panic buying has spread to all hardware parts for the AR-15 platform.

Upper assemblies – sold out everywhere
Bolt carriers – sold out everywhere
Pins, springs and firing pins are still reliably available.

Spikes Tactical has a notice on their website saying for customers to expect 6 – 8 months for delivery.

December 22, 2012

AR-15 prices on auction sites are hitting an all time high.  Current prices include:

Colt 6920 M4 rifle – $3,400 + $50 shipping
BushMaster M4 A3 Patrolman Carbine – $2,299 + $46 shipping
Bushmaster carbon – $1,999
Colt 6940 – $2,299
S&W Smith & Wesson AR15 M&P15 – $2,000

Prices are easliy double and triple what they were before the Newtown, Connecticut shooting.