Posted By:
Colt McClellandI think we all know that Matro is a hugely profitable business. All of that bs about running a big first-class operation, producing the catalog, etc. just amounts to a fixed overhead number which can't really have changed much over the last several years. The bottom line is that they clearly make a huge profit and this increase will likely add to that. I say "likely add to that" because I think there is clearly a "tipping point" out there whereby if they get too greedy and raise the percentages too high, they will start to see the size of their auctions go down. They may be getting close to that point now. My guess is that they will continue to inch this thing up until they hit that point, then maybe either stay level or back it off a bit.