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Subject: 
Re: FOTY, at least for me.
Newsgroups: 
lugnet.market.shopping
Date: 
Sat, 19 Jan 2002 06:56:11 GMT
Viewed: 
471 times
  
In lugnet.market.shopping, John Heins writes:
Before the execution proceeds, a different pov.  Isn't this simply a form or
arbitrage -

snip

Thank you John, that is exactly what my class in microeconomics taught me.
If you were to look at my completed auctions, I sold for less than retail,
and I am perfectly happy with that, because I bought at less than what I am
selling it for.  Every buyer I have sold to has also been happy to buy them
at the price I offer, because it is less than what they can get it for at
retail, or even on the web.  For myself and the buyer it is a win-win.  Now
for Target, yes I would say that they lost out on some revenue, some say
that I am bad for it, some don't.  I have no problem with either opinion,
obviously you know what camp I fall in, but I understand and respect the
other.  But I fail to see how I am harming society ( I believe it was scum
of the earth as the term goes) by selling on ebay, most of the times at less
than retail.



Message is in Reply To:
  Re: FOTY, at least for me.
 
Before the execution proceeds, a different pov. Isn't this simply a form or arbitrage - where a buyer takes advantage of a localized oversupply or pricing anomaly and resells the product at a price closer to what is the "global market price"? (...) (23 years ago, 19-Jan-02, to lugnet.market.shopping)

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