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Old 07-12-2016, 08:19 PM
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TanksAndSpartans TanksAndSpartans is offline
John
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Join Date: Nov 2013
Location: Atlanta, GA
Posts: 794
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Tennis13 touched on one of the things I was thinking, but articulated it better.

Say you quietly buy 5 PSA 8 cards over the course of a year (say Jim Brown rookies just as an example)

I'll use round numbers:

5*6K=30K

Then suddenly collude with someone to run an auction up to 17K

You now have 6 cards at a cost of 30K + 17K = 47K

The hope would be that 17K price acts a signal or whatever and the card gets hot. Even if the 6 are now sold over time, some auctioned off or however at 10K each (a bargain relative to the 17K price), you have:

6*10K=60K-47K=13K profit

Last edited by TanksAndSpartans; 07-12-2016 at 08:21 PM. Reason: safari auto correct drives me crazy
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