Rose RC going nuts!

[RobertGT]

Originally Posted by Leon

I would prefer threads be in the correct places. But sometimes they do overlap and have relevant info for everyone in the hobby. As for the Rose rookie phenomenon, I agree it looks. to me, like market manipulation by the likes of investors such as Justin and his band of cohorts. I also don't think there are many Rose rookies in 8 holders changing hands in private sales for 16k+.....

As stated with over 380 PSA 8 Rose rookies, I hope those guys have a lot of money. The longer they stay at those artificial plateaus the more will come out and the more they will have to buy to keep the prices inflated. Hopefully they buy them all and everyone else collects other things. That way they can have all of the 8s for themselves and all of their money tied up in them, with no where to go. Last person holding loses, so it seems.

I am sorry if I've missed earlier threads on what's happening with skyrocketing RC prices (kinda zoned out of the board for awhile), but can someone explain a bit more who's buying these cards and theories on why? Is the goal to actually invest in these cards and hold them long term, or are we in the middle of a pump and dump scheme where card prices are being artificially inflated and then the cards are dumped on gullible buyers?

[ullmandds]

Originally Posted by RobertGT

I am sorry if I've missed earlier threads on what's happening with skyrocketing RC prices (kinda zoned out of the board for awhile), but can someone explain a bit more who's buying these cards and theories on why? Is the goal to actually invest in these cards and hold them long term, or are we in the middle of a pump and dump scheme where card prices are being artificially inflated and then the cards are dumped on gullible buyers?

my belief is the latter.

[botn]

Originally Posted by RobertGT

I am sorry if I've missed earlier threads on what's happening with skyrocketing RC prices (kinda zoned out of the board for awhile), but can someone explain a bit more who's buying these cards and theories on why? Is the goal to actually invest in these cards and hold them long term, or are we in the middle of a pump and dump scheme where card prices are being artificially inflated and then the cards are dumped on gullible buyers?

Rob,

If you have not read this thread http://www.net54baseball.com/showthread.php?t=223688, it might be a good place to start, assuming nobody edited their original posts.