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Net54baseball.com Forums - View Single Post - CLCT going private
Thread: CLCT going private
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Old 02-23-2021, 04:53 AM
Schlesinj Schlesinj is offline
Jamie
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Join Date: Aug 2020
Location: PA
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Quote:
Originally Posted by Johnny630 View Post
The company is gong to continue to make profits and be successful people would grade a ham sandwich if they slabbed it, also the rumor is prices are set to be raised very soon.
I kind of equate this in the municipal bond world to the need for buying insurance on a municipal bond issue. The insurance companies can see how similar rates bonds are trading on the secondary market and then they price the insurance just high enough to justify paying for it. I assume, if this is not already being analyzed by this new group a similar analysis that PSA graded items are getting __% higher return on secondary sales thus can increase fees since the user can justify their returns.
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