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Flipping question (specific example)

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  • SevisonJN_PSNS Offline
    SevisonJN_PSNS Offline
    SevisonJN_PSN
    wrote on last edited by
    #1

    So how do you tell if someone is buying up or selling out of a specific card?

    Example:

    Liam Hendriks
    2078 Sell Now
    1817 Buy Now

    The profit margin after tax is only 79 stubs. No much profit for a 2078 stub investment. Are people buying because they think a CP will be included in the July POTM set?

    PAinPA_PSNP 1 Reply Last reply
    1
  • over50beatdown_PSNO Offline
    over50beatdown_PSNO Offline
    over50beatdown_PSN
    wrote on last edited by
    #2

    I'd invest time into watching YouTube on flipping first; lots of good approach depending on what you patience level and preference: Profit margin or "what sells fast"

    1 Reply Last reply
    1
  • PAinPA_PSNP Offline
    PAinPA_PSNP Offline
    PAinPA_PSN
    replied to Guest on last edited by
    #3

    @SevisonJN said in Flipping question (specific example):

    So how do you tell if someone is buying up or selling out of a specific card?

    Example:

    Liam Hendriks
    2078 Sell Now
    1817 Buy Now

    The profit margin after tax is only 79 stubs. No much profit for a 2078 stub investment. Are people buying because they think a CP will be included in the July POTM set?

    While it could be someone investing for potm or thinking an upgrade, it is most likely trying to collect or exchange, not wanting to wait,so a high bid to entice a quick sale,or someone's who has been repeatedly overbid and wants to discourage the competition.
    wouldn't be flipping though, flippers try and get cheap and always try to protect the margins

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