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To quote the old Pogo comic strip character; "We have met the enemy..."
A brand new Bimart store opened in town earlier this month, so on my first visit on opening day, I headed straight to Sporting Goods. There on the shelves, open for all to see, were several 50 round boxes of CCI Velocitor .22 lr ammo. It was a glorious sight to behold, so I bought a couple of boxes, the clerk telling me he had a whole bunch in the back room. On a subsequent visit, I picked up another two. One can't have too much .22 ammo these days.
I checked again a couple of days ago. All gone and on back order. It seems a week or so ago, a crew of several folks showed up at the gun counter and each bought as much as the store would sell to them (2 boxes per customer). The ring-leader of this group bragged they make the rounds of sporting goods stores, buying all of the .22 they can lay their hands on, in order to sell it at gun shows for twice what they pay for it. We knew this was going on, but this jerk was openly bragging about ripping off fellow gun owners.
People wonder where all the .22 is going? This is the answer, not some imagined government conspiracy. Gun owners preying on fellow gun owners, drying up the supply in order to make a few bucks. This kind of stuff is going to continue until other gun owners refuse to buy from the scalpers at gun shows. Their behavior is not illegal, but is certainly profiteering and thus considered unethical.