Quote:
Originally Posted by illiguy
Time will tell. TS discontinuing the 5711 simply created a “floor” for its value. His act was a protective measure for existing owners. There’s simply an excess demand relative to supply. Surely, as an equities trader, you understand what that means for price, right?
It doesn’t matter where the demand is driven from, the market is the market.
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Absolutely it matters where the demand is driven from. There was unlimited demand for tech stocks in 1999 and early 2000. Uneducated buyers chasing everything with a “.com” at the end. We all know how that ended.
There are too many similarities here. You can argue its even worse as the watch market is unregulated. If it all pops, there wont be a bid. Gray market is a cartel, they all speak to each other and set the market. Cant stress this enough, learn about the RO Offshore market of early 2000s.
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