Val-E Posted June 4, 2015 Posted June 4, 2015 There was a Stephen Rockefeller post from January IIRC saying to dump them by May. That could well have been very good advice if there is mass panic and the hoarders unleash them on the market all at once. I still say, let the storm pass and keep one under the bed. 1 Quote
ISO8T0 Posted June 4, 2015 Posted June 4, 2015 I agree. I'll still post my (2) that I want to sell on ebay, but at the price I want.Then I'll sit back and wait. If they sell before September 4th.... fine. If not no skin off my back. 1 Quote
jerryherb Posted June 4, 2015 Posted June 4, 2015 (edited) So Price Wars / Race to the bottom has begun !! same on amazon, damn it! dropped at least $30 Edited June 4, 2015 by jerryherb Quote
mscheaf Posted June 4, 2015 Posted June 4, 2015 I think it has to do with supply and demand, for the most part...So yesterday buyers were willing to pay $250+ for it but today they will only pay $225. That is all free market magic and has nothing to do with impatient and panicking sellers fighting to see who can get the lowest price and sell theirs the fastest? If everyone left theirs at $250 or above today they wouldn't sell anymore because.... why exactly? 1 Quote
Val-E Posted June 4, 2015 Posted June 4, 2015 This new model is going to be about as welcome as those last two runs of RI. 1 Quote
ISO8T0 Posted June 4, 2015 Posted June 4, 2015 If everyone left theirs at $250 or above today.....All members should read this as: Leave your price at $250 or above!! 4 Quote
jerryherb Posted June 4, 2015 Posted June 4, 2015 So yesterday buyers were willing to pay $250+ for it but today they will only pay $225. That is all free market magic and has nothing to do with impatient and panicking sellers fighting to see who can get the lowest price and sell theirs the fastest? If everyone left theirs at $250 or above today they wouldn't sell anymore because.... why exactly?not true. ton more new and fresh sellers on amazon. Quote
Val-E Posted June 4, 2015 Posted June 4, 2015 All members should read this as: Leave your price at $250 or above!! And don´t advertise that you have 25 available! 1 Quote
jerryherb Posted June 4, 2015 Posted June 4, 2015 And don´t advertise that you have 25 available! that. i always list 1 at a time ONLY 1 LEFT is what sells it quite often 1 Quote
Val-E Posted June 4, 2015 Posted June 4, 2015 Limited Availability, retiring soon. Learn from the masters. Quote
Darth_Raichu Posted June 4, 2015 Posted June 4, 2015 So yesterday buyers were willing to pay $250+ for it but today they will only pay $225. That is all free market magic and has nothing to do with impatient and panicking sellers fighting to see who can get the lowest price and sell theirs the fastest? If everyone left theirs at $250 or above today they wouldn't sell anymore because.... why exactly? More supply (ie. more sellers) and the demand stays the same. Panicking sellers are still part of econ 101, as in this is our future people, get used to it 2 Quote
Val-E Posted June 4, 2015 Posted June 4, 2015 my my are we not all worked up today ?Well if there no sets retiring till winter, there is nothing left to do but speculate about already retired sets! Quote
beartrapper Posted June 4, 2015 Posted June 4, 2015 Fwiw I pulled two more from a pile of SW sets that I had forgotten about. A quick scan of sales prices on my phone and listed them last night at $220 + shipping. So far 1 has sold. At an $80 buy in I'm pleased with the return. This bickering above reminds me of the phrase "Pigs get slaughtered.". 1 Quote
biking_tiger Posted June 4, 2015 Posted June 4, 2015 This bickering above reminds me of the phrase "Pigs get slaughtered.".I always liked the fable about the dog and his reflection in the water... something about bones. As far as supply and demand goes, the price is affected by perceived drop in demand. It's all speculation and too much emotion right now. This is the way of the stock market as well. Stick to your plans and leave the emotions on the shelf. 2 Quote
stephen_rockefeller Posted June 4, 2015 Posted June 4, 2015 There was a Stephen Rockefeller post from January IIRC saying to dump them by May. That could well have been very good advice if there is mass panic and the hoarders unleash them on the market all at once. I still say, let the storm pass and keep one under the bed.That stephen rockefeller tool doesn't know what he is talking about..........hold until it's hits at least $2,000 Quote
Darth_Raichu Posted June 4, 2015 Posted June 4, 2015 That stephen rockefeller tool doesn't know what he is talking about..........hold until it's hits at least $2,000 What does this Stephen guy know anyway ? I am waiting for emazers to give me his ok signal 1 Quote
ISO8T0 Posted June 4, 2015 Posted June 4, 2015 His "ok" signal wouldn't come until 2018 probably Quote
iahawks550 Posted June 4, 2015 Posted June 4, 2015 It's actually perfect timing to sell this thing, take the 100+% profit and reinvest in some soon to be retiring modulars or other exclusives. 2 Quote
LegoEdison Posted June 4, 2015 Posted June 4, 2015 he say goodbye @ $250. don't know if he has anything left Quote
cladner Posted June 5, 2015 Posted June 5, 2015 (edited) the panic seller-induced breakdown in the 7965 market over the last day (and coming days) has been pretty spectacular, exposing yet another facet of the brickpicker reseller hoard effect when lots of people decide to sell all at once - no matter the price. race to the bottom might have us testing 150- bin & auctions are ending/selling for 170-180. two days ago they were selling for 240-260. we don't even have a picture yet. just a name and a few numbers. glad i sold in may and went away. i might have to get back in and pick up a few if the get down to msrp. even 7965 will have a dead cat bounce. Edited June 5, 2015 by cladner 4 Quote
Ed Mack Posted June 5, 2015 Posted June 5, 2015 the panic seller-induced breakdown in the 7965 market over the last day (and coming days) has been pretty spectacular, exposing yet another facet of the brickpicker reseller hoard effect when lots of people decide to sell all at once - no matter the price. race to the bottom might have us testing 150- bin & auctions are ending/selling for 170-180. two days ago they were selling for 240-260. we don't even have a picture yet. just a name and a few numbers. glad i sold in may and went away. i might have to get back in and pick up a few if the get down to msrp. even 7965 will have a dead cat bounce. I have been dropping hints for a two months about the new Falcon being a mid sized 7965 clone since I was told what the new price of the set was, so people need to pay attention to some of the subtlest things I mention at times. Even last week, before the partial list of new STAR WARS sets was released to confirm my source, I told everyone a new Falcon was coming and it was not a UCS set. Those who payed attention unloaded their 7965s, others, well, it's too late. Time to hold on long term. 2 Quote
BrickLegacy Posted June 5, 2015 Posted June 5, 2015 My favorite subtle hint was when @Ed Mack told us he was 99.9999999% sure there was going to be a new MF. 4 Quote
ISO8T0 Posted June 5, 2015 Posted June 5, 2015 I forsee the spawning of a new thread...."Top Ten sublte hints by Ed Mack" 1 Quote
Bold-Arrow Posted June 5, 2015 Posted June 5, 2015 I believe the window is still wide open . still early in the game and most of the general public have no idea about the new set . I see the price rising again in the next few weeks . 5 Quote
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