Quote:
Originally Posted by mechanicalman
This would only give you a small window into their performance. It would not capture their direct sales, nor does it give any insight to their cost basis on the cards sold. Not to mention, we have no idea of their overhead, staffing, or other expenses.
So, I agree that, until these businesses go public, we can only conjecture on the success, or lack thereof, of these players. I find it curious that some members just assume they're killing it (not saying you said that, Jake, but others have made the comment.) I recognize there may actually be attorneys or accountants on this board with intimate knowledge of their financials, but most would not have that visibility.
|
Correct. An eBay search only takes into account that one specific aspect of what they do. We already know Dean's has his own site, not sure on Yep. There are other issues we have no clue about as to why they price as high as they do. My best guess is they either feel that their pricing is the perfect balance between supply and demand (I don't think it is, but I don't have all the information), they are in on their cards for a lot, or they just like to price their stuff high and are able to wait it out. No matter what the reason, their prices are higher than what the actual market dictates, IMO. Some would argue that they sell cards, so that's the market, but that's a false narrative. The best indicator is however close they are to the middle of the supply and demand axis. I don't think they're center, but again, I'm only basing that on what I've looked at for their eBay sells. Lots of other means of selling than just eBay.