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#1
12-28-2019, 10:30 PM
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The stock piece is really a red herring, IMO. The majority of those stock sales were likely to cover taxes on his other stocks and income. It may look bad, but really isn't.
The declaration during a stockholder's teleconference that the grading scandals is immaterial to their business/shareholders is ridiculous. PSA is getting the biggest brunt of it because their slabs sell for the most, and their numbering scheme is easy to determine which order the cards were graded in, for the most part. Beckett is getting blamed for favoritism by rewarding a single submitter with like 25% of all BGS 10 Pristines and 10 Black Labels given out in the last couple of years. But since they don't have a "grade guarantee", the buyers who got hosed with trimmed cards in Beckett slabs don't really have anywhere to get a refund.
__________________
-- PWCC: The Fish Stinks From the Head PSA: Regularly Get Cheated BGS: Can't detect trimming on modern SGC: Closed auto authentication business JSA: Approved same T206 Autos before SGC Oh, what a difference a year makes. 
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#2
12-28-2019, 11:36 PM
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Here is the best summary I have heard.
You are more likely to receive an altered card if purchased in a PSA slab than if you purchased it raw.
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#3
12-28-2019, 11:56 PM
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Besides the card doctoring, 2019 also revealed the artificial pumping that occurs. A certain company or companies was/were allegedly reporting sales for market appearances.
It/they would report that card X sold for Y price. However, the “winning” bidder would not actually pay. Thus, the final sale price was not legit and actually realized. This makes the market/demand appear stronger than reality and creates artificial prices. Possibly also related to shill bidding. We are seeing just the iceberg’s tip. I hope the FBI is building it’s cases.
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