The Jordan 10 -- Goldin and PWCC

[Peter_Spaeth]

Originally Posted by ullmandds

I agree with you pete regarding the manipultaion of the jordan rookie. My analogy was referencing the fact that the majority of "investors" in the stock markets...aren't super educated about what they're investing in...kinda like the frenzy of new money in the hobby are just "investing" because they read it somewhere or someone suggested it.

You'd have to throw a shitload of $$$$ at high grade jordan rookies/2nd years to corner the market and create increased demand at this fake price point. A lotta time and a lotta money.

Right but at least if you buy a stock you are paying what the collective wisdom of the entire world says it's worth at that given moment. You aren't paying what some unscrupulous dealer suggests you pay (I still love the guy who reviewed all his bids with Brent beforehand and ended up buying a recolored special at some staggering price) or your buddies on Twitter or what you think might push up the value of your other ones so you can dump them or whatever.

[maniac_73]

Originally Posted by Peter_Spaeth

Right but at least if you buy a stock you are paying what the collective wisdom of the entire world says it's worth at that given moment. You aren't paying what some unscrupulous dealer suggests you pay (I still love the guy who reviewed all his bids with Brent beforehand and ended up buying a recolored special at some staggering price) or your buddies on Twitter or what you think might push up the value of your other ones so you can dump them or whatever.

The Gamestop run is doing its best to change that narrative lol

[Peter_Spaeth]

Originally Posted by maniac_73

The Gamestop run is doing its best to change that narrative lol

I hear you. Well it's still true of MOST stocks and certainly large cap ones.

[D. Bergin]

Originally Posted by maniac_73

The Gamestop run is doing its best to change that narrative lol

Yeah, not much different then a 1000 various pump and dumps, NFT's, Crypto's, Public Offerings, and whatever else the modern unregulated financial landscape diarrhea's out into the world.

In the end a bunch of dreamers with too much money and not enough smarts end up holding the bag for a bunch of even richer then them con-artists.