Let's discuss conspiracies and a billion dollar fraud

JohnP0621 · #1 08-30-2019, 05:00 AM

Quote:

Originally Posted by steve B

It's not exactly how they spend their money, it's that they spend it on things that aren't what they're claimed to be.

Lets say a card in a 6 is 80, and in an 8 it's 200. Someone takes a 6, trims it and gets an 8... Then sells through a popular venue where possibly some of the bids aren't legit. And that fake 8 sells for 300. Hey... that just went up 50%... maybe now the 6s should be higher. Maybe not 50% higher, lets say instead of going to 120, it only goes to 100. Well, that's not so bad if I already own one, but that pricing is still a total sham.
If I don't already own one, someone just trimmed a card an potentially cost me and anyone else wanting a 6 an extra 20

Or, If I want a legit 8, and there's only say 20 of them, and nearly all have been trimmed to make fake 9s... I may not be able to buy it at all. Between two trimmers, there may be no legitimate 8s left.

Like it or not, it affects us all. And PSA is leading the parade of corruption and incompetence.

OK I get it that everyone is upset with the trimmers etc. So am I .
I was just referring to the name calling. Calling someone a D-Bag , Moron , A-Hole because they collect high end and maybe some of their cards may be altered is out of line. Save those names for the card trimmers and thieves.

JP

Jim65 · #2 08-30-2019, 06:13 AM

Quote:

Originally Posted by JohnP0621

OK I get it that everyone is upset with the trimmers etc. So am I .
I was just referring to the name calling. Calling someone a D-Bag , Moron , A-Hole because they collect high end and maybe some of their cards may be altered is out of line. Save those names for the card trimmers and thieves.

JP

Reread my post. I have no problem with people who collect high end or spend massive amounts on cards, its the guys who do that and have no idea who the player is or what team he plays for. These guys will be on to the next cool thing as soon as someone tells them what that is.

These guys are total douchebags, pure and simple.

Mark17 · #3 08-30-2019, 06:50 AM

Quote:

Originally Posted by Jim65

Reread my post. I have no problem with people who collect high end or spend massive amounts on cards, its the guys who do that and have no idea who the player is or what team he plays for. These guys will be on to the next cool thing as soon as someone tells them what that is.

These guys are total douchebags, pure and simple.

Why? And... why do you feel morally superior, to the point of judging how someone else spends their money?

Is it immoral to chase a fad, or to have less knowledge of baseball than you require?

JohnP0621 · #4 08-30-2019, 07:35 AM

Quote:

Originally Posted by Mark17

Why? And... why do you feel morally superior, to the point of judging how someone else spends their money?

Is it immoral to chase a fad, or to have less knowledge of baseball than you require?

I agree. You have no idea who these people/collectors are and yet you think that you can call out names . Some guys just have Much More money than others. Whats your beef ? Some people I know spend $200.00 for a bottle of wine while I spend $15.00 . It doesn't make me jealous nor do I care. Yet you think they are D-Bags Etc. I Guess Im just not getting your point as to your anger towards other people that you don't even know or how they spend THEIR MONEY.

John P

Peter_Spaeth · #5 08-30-2019, 08:21 AM

Back to the subject at hand, y'all are worrying needlessly.

According to Joe,

As far as the other question that you had in regards to this investigation of the auction here in our industry, I can answer it very short and sweet. We don't believe that there is anything of a material nature for our company to be concerned with.

and

And we think that in the overall scheme of our business that some of this has been blown way out of proportion. But we are very confident in the services that we provide and very confident in the grading staff that we have, and so is the public

Johnny630 · #6 08-30-2019, 08:45 AM

Quote:

Originally Posted by Peter_Spaeth

Back to the subject at hand, y'all are worrying needlessly.

According to Joe,

As far as the other question that you had in regards to this investigation of the auction here in our industry, I can answer it very short and sweet. We don't believe that there is anything of a material nature for our company to be concerned with.

and

And we think that in the overall scheme of our business that some of this has been blown way out of proportion. But we are very confident in the services that we provide and very confident in the grading staff that we have, and so is the public

Nothing in that earnings call makes me want to invest in his company.

1952boyntoncollector · #7 08-30-2019, 01:58 PM

Its been another several months....tons of different card owners out there that bought altered cards...yet zero lawsuits that i am aware of..

obviously people are satisfied with the card, the refund or the loss they are taking that its tough to put this in Category 5 scandal territory at least at this point.

Fuddjcal · #8 08-31-2019, 12:55 PM

Quote:

Originally Posted by Peter_Spaeth

Back to the subject at hand, y'all are worrying needlessly.

According to Joe,

As far as the other question that you had in regards to this investigation of the auction here in our industry, I can answer it very short and sweet. We don't believe that there is anything of a material nature for our company to be concerned with.

and

And we think that in the overall scheme of our business that some of this has been blown way out of proportion. But we are very confident in the services that we provide and very confident in the grading staff that we have, and so is the public

Say it ain't so Joe...after further review, the call on the field stands. It is easily a billion dollar fraud. Keep feeding the monster.

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