View Single Post
  #15  
Old 06-24-2016, 04:01 PM
glchen's Avatar
glchen glchen is offline
_G@ґy*€hℯη_
Member
 
Join Date: Apr 2010
Posts: 2,927
Default

Ok different analogy. Say I have a LOT of money in my brokerage account. I am in no way affiliated with Microsoft. I place a limit order in my brokerage account where I will buy any and all Microsoft stock if the price is $50 or lower. Until all of the vast sums of money in my account run out. I am trying to protect my investment in Microsoft by trying to make sure it doesn't go below $50. Why is this not ethical? It however can be very stupid if everyone else thinks MSFT is worth less than $50 and would be happy to dump those shares on me.

If the 300 odd folks who hold Rose rookies in PSA 8 don't think that card is worth 5 figures, they should just dump those cards on whoever is willing to buy those cards at those prices. That's the free market.

Last edited by glchen; 06-24-2016 at 04:02 PM.
Reply With Quote