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#11
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Tennis13 touched on one of the things I was thinking, but articulated it better.
Say you quietly buy 5 PSA 8 cards over the course of a year (say Jim Brown rookies just as an example) I'll use round numbers: 5*6K=30K Then suddenly collude with someone to run an auction up to 17K You now have 6 cards at a cost of 30K + 17K = 47K The hope would be that 17K price acts a signal or whatever and the card gets hot. Even if the 6 are now sold over time, some auctioned off or however at 10K each (a bargain relative to the 17K price), you have: 6*10K=60K-47K=13K profit Last edited by TanksAndSpartans; 07-12-2016 at 08:21 PM. Reason: safari auto correct drives me crazy |
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