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Old 03-06-2008, 01:58 PM
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Default Cornering the market on one card?

Posted By: Matt

Question for the economists:
When attempting to hoard a card, as the market finds them to be more scarce due to buying up, the cost of acquisition will increase. Once hoarding is finished, presumably, the price you will get for selling the first 1, would be proximal to what you paid to buy the last one, since the scarcity is virtually the same at that point (actually, it might bring in less, since the most aggressive bidder has retired). Of course, as you sell out the rest of the stock, the market will return back to earth and you'll end up selling them for about what you bought in for in the first place.
The question is, where is the money to be made?
Unless you have a way of cornering the market that won't have anyone notice, please explain how you could sell the cards in a manner that would bring in significantly more then you paid for them.

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