|
Painted myself into a bit of a corner today... we'll see how this plays out. I've been watching those 87s for a while now, looking for guys who occasionally pop up at 54, 52, maybe even 50K. Insta-buy, then try to sell them at 66 or more, for a quick flip.
Today, in the TOTW release, there was an 87 Lamar Jackson, and the market flooded with them. I took my whole cash and sunk it into copies of the 87 Lamar, around 51K each on average. For a while they were even popping up and selling under 50K.
My short term hope is that this was a blip, and these cards will all sell for 66, and I will make money from this.
But right at the moment, I have only 20K in cash and can't do much of anything.
By the way... even the Power Up card for TE Ozzie Newsome is going for a lot (40K when it first got released). Not sure when I will get a quality Ozzie onto my roster, even before this foible with the 87s.
|