Comments on: Insider: Buy Low, Sell High https://www.quietspeculation.com/2012/09/insider-buy-low-sell-high/ Play More, Win More, Pay Less Tue, 18 Jan 2022 02:54:38 +0000 hourly 1 By: Janina Pascual https://www.quietspeculation.com/2012/09/insider-buy-low-sell-high/#comment-36015 Sun, 30 Sep 2012 13:39:46 +0000 http://www.quietspeculation.com/?p=31798#comment-36015 I’m assuming to focus on Blackcleave Cliffs and Seachrome Coast with the SOM lands pickups, right?

Also, what about foils? Considering Modern is the new Legacy and everything, will Modern players be foiling out their decks eventually?

PS. New subscriber! I’m excited to get started. 😀

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By: Sigmund Ausfresser https://www.quietspeculation.com/2012/09/insider-buy-low-sell-high/#comment-35887 Tue, 25 Sep 2012 14:16:56 +0000 http://www.quietspeculation.com/?p=31798#comment-35887 In reply to Wesley Skiba.

You will deserve every right to brag if you end up right. Thanks for commenting!

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By: Sigmund Ausfresser https://www.quietspeculation.com/2012/09/insider-buy-low-sell-high/#comment-35882 Tue, 25 Sep 2012 11:57:17 +0000 http://www.quietspeculation.com/?p=31798#comment-35882 In reply to tragicslip.

You’d be surprised. I see conversations on Twitter on occasion regarding trading of futures. I’d wager there’d be some interest. You could post the idea in the forums and see if there is any traction 🙂

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By: tragicslip https://www.quietspeculation.com/2012/09/insider-buy-low-sell-high/#comment-35872 Tue, 25 Sep 2012 03:36:22 +0000 http://www.quietspeculation.com/?p=31798#comment-35872 In reply to Sigmund Ausfresser.

generally, funds are an issue. people also don’t feel comfortable buying more than a playset at a time. i am testing the theory now, picking up drogskol reavers i come across them. i will hold these unless i get really good trades for them. because the card is a decent spec and requires little investment i can take my time accumulating a position.

if things start to move up i just make sure its easier to trade with me than it is to buy a set on ebay. i don’t sell the reavers in the small market, i sell what i get in trade. if the card spikes nationally i can sell online. its not about absolute control as much as FNM control.

as for options, if they want to participate they mail in the card or some amount of money so we can acquire the card. they can then write covered options. either selling calls/puts or buying puts/ calls. i think it would be great, but i doubt there is a real market for an instrument like this.

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By: Sigmund Ausfresser https://www.quietspeculation.com/2012/09/insider-buy-low-sell-high/#comment-35870 Tue, 25 Sep 2012 01:09:43 +0000 http://www.quietspeculation.com/?p=31798#comment-35870 I suppose on a mini scale it’s possible, but why couldn’t anyone in your small market in SC just go to eBay to buy endless quantities? I can see you being more effective with controlling supply of rare promos or Alpha cards or something. But I don’t see why someone couldn’t just go online and buy whatever it was they needed assuming funds were not an issue?

As for the options trading, I really think it could be hashed out. But you are absolutely right – we would probably need to have some quantities of cards should people let their call options expire. Unless we get people to just trade options with each other and act as an intermediary that doesn’t have to hold cards? Only risk is that people don’t come through on deals, especially when they lose out. Seems like it’d be difficult to maintain accountability. I see the nightmare that Jazaray has to go through on MOTL keeping the rules enforced. No thank you!

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By: tragicslip https://www.quietspeculation.com/2012/09/insider-buy-low-sell-high/#comment-35867 Tue, 25 Sep 2012 00:14:51 +0000 http://www.quietspeculation.com/?p=31798#comment-35867 In reply to Sigmund Ausfresser.

we’d need to hold cards i think to sell options on them. we could act as a holding company for cards then allow short sales/ options. allow people to take physical delivery for a fee, charge a fee for sale of card/ contract. something like goozex might work too. they are a game co that acts as an intermediary between traders.

i still think it is pretty easy for someone to manipulate a local market. a small state like SC, accounts for what percentage of dark ascension sales? target your cards in the set and with hold them locally, selling off at bigger events outside of the local market to hedge.

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By: Wesley Skiba https://www.quietspeculation.com/2012/09/insider-buy-low-sell-high/#comment-35864 Mon, 24 Sep 2012 20:45:59 +0000 http://www.quietspeculation.com/?p=31798#comment-35864 In reply to Sigmund Ausfresser.

Thank you for the responses.

Very good information for me to think about. I believe though, that ultimately I will invest in a couple of sets. While you are right, that players will be more focused come RtR, I believe that it will make an impact, although a very short one at the beginning of rotation. Will it force a spike in price? Maybe, but it is low risk. Be warned, if it works out I will come back with sick brags.

Haha, keep up the good work guys(authors and members). I love reading your thoughts and opinions.

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By: Sigmund Ausfresser https://www.quietspeculation.com/2012/09/insider-buy-low-sell-high/#comment-35863 Mon, 24 Sep 2012 20:15:31 +0000 http://www.quietspeculation.com/?p=31798#comment-35863 In reply to tragicslip.

It’s pretty hard to control the Standard market – there are just so many copies of cards available. At least for one person anyways.

Magic does need an options market! You and I could set up a site that enables trading of Magic Card options, and then we charge a marginal fee per contract. What do you think? 🙂 (I think the idea is legit, but I have no time to work on such a project).

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By: Sigmund Ausfresser https://www.quietspeculation.com/2012/09/insider-buy-low-sell-high/#comment-35862 Mon, 24 Sep 2012 20:13:53 +0000 http://www.quietspeculation.com/?p=31798#comment-35862 In reply to Wesley Skiba.

Thanks for the kind words! I’m definitely cashing out of my Woodland Cemeteries right now and I’m contemplating bailing on Sulfur Falls as well, but I may hold out on selling those just a little longer. I think those can hit $10 each on eBay too. But at the end of the day, you only bank profit when you sell, right?

Not sure about Odric – I’ve never actually heard of him seeing play in Standard. At that price, I suppose it’s low risk to pick up a set, but I’m not sure he’s going to be a focus for players come Return to Ravnica. Maybe if Boros brings some sweet Humans come the next set…

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By: Sigmund Ausfresser https://www.quietspeculation.com/2012/09/insider-buy-low-sell-high/#comment-35861 Mon, 24 Sep 2012 19:56:08 +0000 http://www.quietspeculation.com/?p=31798#comment-35861 In reply to Christopher Shepherd.

Selling is half the battle for making profits, after all! Buying is certainly important, but I like taking profits when cards make these sudden jumps in price.

Glad you like the random facts. I’ll keep them up – they are fun to do and I’m always snooping around SCG’s site looking for trends so it’s easy for me to add!

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By: Sigmund Ausfresser https://www.quietspeculation.com/2012/09/insider-buy-low-sell-high/#comment-35860 Mon, 24 Sep 2012 19:54:46 +0000 http://www.quietspeculation.com/?p=31798#comment-35860 In reply to Paul Feudo.

Thanks! It was difficult for me to part with my Bonfire because I was so paranoid about missing out on profits. But sometimes you have to look at the charts without any bias and make the right call based solely on technicals.

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By: tragicslip https://www.quietspeculation.com/2012/09/insider-buy-low-sell-high/#comment-35859 Mon, 24 Sep 2012 19:29:40 +0000 http://www.quietspeculation.com/?p=31798#comment-35859 MTG needs an options market. i’d rather sell call options on Falkenrath Aristocrat then let ’em go. Also think the comparison between stocks and mtg cards falls flat as it is much easier to control markets thanks to the on the street trading that still goes on with cards.

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By: Gervaise Pechler https://www.quietspeculation.com/2012/09/insider-buy-low-sell-high/#comment-35858 Mon, 24 Sep 2012 18:48:20 +0000 http://www.quietspeculation.com/?p=31798#comment-35858 In reply to Wesley Skiba.

Hey Wesley,

I played some fair games with R/W Humans in the current Standard Environment. I traded away my Hero of Bladeholds so I had to take someone else in my 4 CMC slot. I play 4 LIghting Mauler main but x/1 is so dangerous atm but I feel like Hellrider & Riders of Gavony are serious contenders.

I haven’t evaluated RtR for any Humans material but I feel Hellriders have an immediate impact with haste & dmg while Riders of Gavony also has an immediate impact if tribal zombies are going to be a big thing or any other tribal sooner or later

Odric is also in a theme deck like Talrand. Talrand is currently more popular due Delvers & phyrexian mana. A few jam it in their EDH deck but it doens’t drive the price that much ( I see more Standard players looking for 3-4x Talrand while EDH only look for Uno )

Therefore I think Odric is going to be at the price he is now I think, maybe $1-2 up but not enough to convince me investing in it

Hope it helps

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By: Wesley Skiba https://www.quietspeculation.com/2012/09/insider-buy-low-sell-high/#comment-35856 Mon, 24 Sep 2012 16:09:16 +0000 http://www.quietspeculation.com/?p=31798#comment-35856 Great article! It has slapped some sense into me, especially since i went in heavily on Innistrad lands last year when they were at there lowest. Cash out now and turn a nice profit.

I also wanted to ask what your thoughts were on odric, master tactician? I feel as though people will look for decks post rotation that had some good results, but weren’t really there. People will say zombies is the deck to go, but i wanted to think a step further and suggest R/W humans.

The mana base is there through clifftop retreats and cavern of souls, but what its missing is a great four drop with hero of bladehold leaving. With a buy price of 2 dollars a playset on ebay I can see some room for the card to grow. Especially when the other legendary creature from M13 hitting 16-20 a playset(Talarand). Curious what your thoughts are on this card.

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By: Christopher Shepherd https://www.quietspeculation.com/2012/09/insider-buy-low-sell-high/#comment-35854 Mon, 24 Sep 2012 13:57:22 +0000 http://www.quietspeculation.com/?p=31798#comment-35854 I appreciate the fact that you inform your readers of when to sell stuff that you’ve recommended to buy in the past. It’s nice to know when to sell, rather than just hear the first half of “I would pick these up”.

Also, I love the random facts at the end.

Thanks

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By: Paul Feudo https://www.quietspeculation.com/2012/09/insider-buy-low-sell-high/#comment-35852 Mon, 24 Sep 2012 09:16:23 +0000 http://www.quietspeculation.com/?p=31798#comment-35852 Good article, I’m going to mention bonfire this week as well. It will be a great lesson in price memory during the coming weeks.

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