ecuriel
Corporal
- Joined
- Jun 28, 2009
- Messages
- 545
Fortunately or unfortunately, labels are going to be part of any endeavor involving buying and selling. Working on Wall Street we had hundreds of them. In our hobby, not everyone "collects". Some of the labels that I have heard tossed about are. Speculators - Buy multiples of perceived rare items for quick resale upon shortages. Some manufacturers and dealers don't like speculators because some individuals go to multiple dealers and put orders in for these hot items and if the shortages occur they buy and then flip to Ebay at inflated prices. If the shortage doesn't occur, these same individuals just cancel there orders. Grinders - these are they individuals who work you over the coals for better pricing and still feel they overpaid, then go on forums advertise there great negotiating skills. Deep Pockets, this individual may not know everything about the hobby, but money is no object and buys what he likes. The list can go on and on. On Wall Street there was a saying, "Speculators eat better, Investors sleep better". Just my opionion.