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-   -   1953 Topps PSA 10 Mickey Mantle IPO on Collectible App a Game Changer (http://www.net54baseball.com/showthread.php?t=288849)

swarmee 09-24-2020 08:09 PM

Quote:

Originally Posted by slidekellyslide (Post 2020459)
So you can sell to others who have already invested in the same card? Or new investors? Or both? And I'm assuming the share price never drops from the original investment price, but you'll just have to pay a commission fee to sell?
can you sell at your same investment cost?

The price will float along with the demand for the shares. If the demand is higher and the share increases 30%, then the card market value would be computed at $3.5 million. If shares start dropping, you can still sell them at a lower price. But yes, you have to do them within the App; that's the exchange. So you can sell to anyone else who has the app installed, I would expect.
And surely there will be transaction costs. That's part of mining the most value out of this project.
Also, IMO, highly susceptible to pump and dumping.

slidekellyslide 09-24-2020 09:09 PM

Got it...thanks!

Lorewalker 09-24-2020 09:12 PM

Quote:

Originally Posted by swarmee (Post 2020474)
The price will float along with the demand for the shares. If the demand is higher and the share increases 30%, then the card market value would be computed at $3.5 million. If shares start dropping, you can still sell them at a lower price. But yes, you have to do them within the App; that's the exchange. So you can sell to anyone else who has the app installed, I would expect.
And surely there will be transaction costs. That's part of mining the most value out of this project.
Also, IMO, highly susceptible to pump and dumping.

Alt and Colletable just seem like accidents waiting to happen for potential "investors". I just cannot see anything favorable taking place for anyone who is buying in. Whatever happened to the good old days of doing pack wars? This sh!t just got real.


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