I'd think youre mistaken. Look at Gamestop and AMC stock compared to the losses by the hedge funds shorting it.
A relatively small # of 'influencers' doing a viral pump and dump play to stick it to the man. On a game interface to boot. What do you think would happen if they decided to mess with a sector short?
People were bribing the target suppliers to buy retail boxes to resell on ebay minutes later for double or more.
This is accurately describing the investor sharks. Day traders, same as for 86/87D and 89UD, except the interface environment allows to flip in minutes rather than days.
Panini begin "dutch auctions" where wax boxes sell out at 1k within minutes. Paying on your credit card is a short term loan since just about any card inside, or the box itself, would bring a profit as soon as it gets to your door.
YES, yes, yes. BUT buying enough vintage cards to move the market in the way that it has?
People certainly used pandemic loans to buy cards. If they never had these funds, the card wouldnt have sold at that price, or at all.
Technically, this is true. But that is also true for any other purchase I make in the future, sort of a 'But for' scenario.
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04-30-2022, 10:25 AM
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