Collectors Universe releases fourth quarter and fiscal year end earnings today

[drcy]

In the realms of possible possibility, eBay banning PWCC would be a big and hobby rattling deal. If there is a criminal investigation into fraud, that's a possibility and would be a huge deal and have an immediate huge effect.

In the scheme of things, that's what I'd be pressing for to happen.

[CuriousGeorge]

I strongly suggest anyone who has any concerns about the current investigation listen to the replay of this call. Orlando claims any issues regarding the current investigation are no different than any they have faced at any point in the past. When questions were asked about the current scandal they were deflected and in at least one case the questioner was shut down. Record revenues, record profits, record backlog of cards submitted in the pipeline to be graded, no need for any warranty increases. To me, their complete nonchalance and dismissiveness of any concerns they may have about the scandal are so unrealistic in light of the information that has been released thus far that it’s almost hard to believe. Barely a flesh wound right Joe? I guess in time we shall see.

[Peter_Spaeth]

Poof!! Even on an analyst call. Just swat it away like it was a post on CU. LOL I love it.

[chalupacollects]

Originally Posted by Peter_Spaeth

Poof!! Even on an analyst call. Just swat it away like it was a post on CU. LOL I love it.

Seriously spoke like it was a minor, minor inconvenience like a spot on your tie..

[Peter_Spaeth]

Originally Posted by chalupacollects

Seriously spoke like it was a minor, minor inconvenience like a spot on your tie..

If this comes down to litigation, or a criminal prosecution, Joe won't be able to control the narrative so easily as he is used to doing.

[Johnny630]

Originally Posted by Peter_Spaeth

If this comes down to litigation, or a criminal prosecution, Joe won't be able to control the narrative so easily as he is used to doing.

Problem is it won’t....Zero Criminal Prosecution will happen to PSA....Civil Suits they could care less

No one can Claim ignorance all the information is here. It’s up to the buyer....

I harken back to a Fleetwoodmac Song....Go Your Own Way

[Peter_Spaeth]

Originally Posted by Johnny630

Problem is it won’t....Zero Criminal Prosecution will happen to PSA....Civil Suits they could care less

No one can Claim ignorance all the information is here. It’s up to the buyer....

I harken back to a Fleetwoodmac Song....Go Your Own Way

It would depend on the civil suit. If one or more heavy hitting registry guys actually care about their whacked cards and don't get satisfaction under the guarantee, they could cause some trouble for PSA. Especially if a judge were to refuse to grant a broad protective order with respect to disclosing discovery materials.

[Rhotchkiss]

Originally Posted by Peter_Spaeth

If this comes down to litigation, or a criminal prosecution, Joe won't be able to control the narrative so easily as he is used to doing.

Oh, how I hope this will happen. Perhaps Jeff’s representation of PWCC could help.. if they know anything, disclosure by PWCC against PSA to mitigate could be impactful.

[Peter_Spaeth]

Originally Posted by CuriousGeorge

I strongly suggest anyone who has any concerns about the current investigation listen to the replay of this call. Orlando claims any issues regarding the current investigation are no different than any they have faced at any point in the past. When questions were asked about the current scandal they were deflected and in at least one case the questioner was shut down. Record revenues, record profits, record backlog of cards submitted in the pipeline to be graded, no need for any warranty increases. To me, their complete nonchalance and dismissiveness of any concerns they may have about the scandal are so unrealistic in light of the information that has been released thus far that it’s almost hard to believe. Barely a flesh wound right Joe? I guess in time we shall see.

Is the problem still limited to "hundreds" of cards?