Subject:
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Re: level of interest in 7151 / Sith ?
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Newsgroups:
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lugnet.market.theory
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Date:
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Sat, 7 Oct 2000 02:49:59 GMT
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Viewed:
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927 times
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In lugnet.market.theory, Kyle D. Jackson writes:
<snipped most of a great post>
> In lugnet.market.theory, Ray Sanders writes:
> > The existing auction model (ebay, et al) is a seller with product being
> > 'pushed' into the market. I'm thinking of something where a buyer wants to
> > 'pull' certain product(s) if they are available at a particular price. I • believe
> > that it would require full disclosure of the buyer identity (as ebay does • with
> > bidders).
>
>
> It's interesting that what everyone is describing here is basically
> a "stock market". The bit with a buyer stating the qty and price
> they are willing to pay is the same as issuing a "Limit Buy Order"
Right. I posted some and so did some people to this thread. Further, my want
list is a limit buy to a certain extent (although I did turn someone down who
offered me way more than I wanted of a certain thing, I generally buy whatever
people offer me at that price, but adjust the prices upwards or downwards,
which reminds me I am way over due to do that... the PCC has a lot more types
of parts in it than the other cars in the Milton Train Works line do...)
> Jumping into things deeper, we could go to the point of having
> "Margin Buys" and "Short Sells" as well, where people buy things
> with money they don't have, or sell things they don't yet own.
Margin Buy is just a buy on credit. Until recently (when PayPal annouced a
crackdown on credit card sales) you could do this very easily.
Short sell, people do that on eBay all the time, they sell stuff that hasn't
yet been S@H available but will be soon. And I confess I have done it too...
when the Blue Hoppers first hit I made sure I could borrow some if my shipment
didn't come and started a few auctions before I actually had delivery.
(actually I had some MISB hoppers lying around that i had paid outragious
amounts for that I knew I could use if I had to, but that wasn't my intent).
Short selling is dangerous, there is no limit to the money you can lose trying
to cover...
To a certain extent my huge stack of black thunders is a commodity hedge. I
haven't actually designed the set that will use them all up, but I will. So
buying them at 20 USD was a smart move, I am convinced (even if they come out
at 15 later, the risk that they won't was too great), just like buying oil now
for next year delivery is a good move for an energy user.
Unfortunately, unlike the real futures market, I had to actually take
delivery, I couldn't keep them in storage somewhere else (I just found 2 more
cases of them I forgot I had, so I think I have over 100 but am not exactly
sure)
Ray may not have wanted this thread to go here exactly and for that I
apologise but it's fascinating.
++Lar
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Message has 1 Reply:
Message is in Reply To:
 | | Re: level of interest in 7151 / Sith ?
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| (...) believe (...) It's interesting that what everyone is describing here is basically a "stock market". The bit with a buyer stating the qty and price they are willing to pay is the same as issuing a "Limit Buy Order" on the stock market. The (...) (24 years ago, 7-Oct-00, to lugnet.market.theory)
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