Do you live near a big city? Where I am at, there is a very organized hording effort going on. The chances of getting an AR at Walmart is about the same as catching a glimpse of Aphrodite in the buff. If I were in the market for an AR, I would be truly be SOL. Thankfully, I am not. I know someone who just spent $2800 for a COLT SOCOM. I told him to wait because the AWB will not pass, but he was scared and wanted to get one while he could. To bad, he did not listen to me following the election.
I think you are right about the supply eventually catching up with demand. The ammo supply does seem to be increasing even if people still snatch it up as quickly as it comes in. All bets are off if ammo purchase restrictions are put in place. However, I don’t see that passing either.