Hello all,
Although I'm not in a position to buy any at the moment :'( , I wanted to let others know that Target Sports has some bulk LC 5.56 62 gr. ammo up for sale at 799.50 per 1,000 rounds. Price is a little high but they have it in stock.
http://www.targetsportsusa.com/p-2378-federal-lake-city-556mm-m855-62-grain-green-tip-penetrator-bulk-ammunition.aspx
Good luck, and straight shooting! :---
Tigress