AK15 Rapid Fire Gun Still Available Online

By Douglas A. McIntyre Published Aug 27, 6:33AM EDT

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Wal-Mart Stores Inc. (NYSE: WMT) has stopped its sales of the AK15 and other semi-automatic rifles, but they are still available at a number of places online.

In an article from Bearing Arms that was highly referenced in the media, the author wrote:

Walmart’s Senior Director for Corporate Communications Kory Lundberg has confirmed rumors that Walmart will no longer be stocking modern sports rifles such as the AR-15, nor semi-automatic shotguns with a magazine capacity of seven or more rounds.

Lundberg states that politics played no role in the chain’s decision to stop selling the rifles and shotguns, and that it was purely a business decision that drove an inventory correction.

Wal-Mart said the decision was a financial one, not one made due to outside pressure.

Someone is making money on the sales of assault rifles, or has decided to sell them at a loss. Several websites carry the AK15 and rifles with even higher capacity.

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Among the sites selling these sorts of guns is Atlantic Firearms. For the time being, its pages for the sale of the AK15 are not available. However, there are many models of the AK47, which include the RAK AK47 Sunburst — for $1,339:

Russian Classic AK 47 Rifle Russian Sunburst, 762x39mm RAK 47, semi auto, 100% new, Imported Semi auto gas operated carbine. The base rifle built at the Russian Izmash arsenal & imported for the US AK market, receiver marked made in Russia Izmash Arsenal, Saiga 762x39mm. Once in the US they are carefully converted into the legal AK47 format to comply with current import regulations. All New & Featuring Russian 16 inch chrome lined threaded barrel with original 45 Slant style flash hider, muzzle brake & Bayonet Lug, G2 fire control, Beautiful Custom Russian Sunburst stock set with matching Wood Pistol Grip for the Classic old school AK look! If you are looking for a high quality Russian type AK47 rifle then you have found it will accept high capacity magazines, comes with 1-30 round Surplus magazine (style and condition may vary), limited availability on these imported rifles. One Year warranty.

“It will take high capacity magazines.” Not bad, if the owner can find one, and he or she probably can.

Wal-Mart may have ended the sales of assault-type rifles, but they appear easy to get elsewhere.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.