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Old 12 May 2022, 03:15 AM   #111
ajw45
"TRF" Member
 
Join Date: Feb 2019
Location: NYC
Posts: 435
Quote:
Originally Posted by rolex16 View Post
I said some, not all. And I will call it as I see it. You don’t think hoarding stock to artificially drive up prices is unethical. I do. End of story.
I agree with you. When a grey or any business adds value to a system I think they should be compensated. In the past maybe that meant discounts to MSRP or being able to track down rare pieces no longer in production. When greys are hoarding current production watches to manipulate supply and pricing to end customers they are not adding value and just create a market inefficiency for their own benefit the cost of which is passed onto the customer.

It's not illegal, I think it is unethical but market manipulation is so pervasive in our society it's tough to throw stones, objectively though it is unnecessary self serving valueless friction in the market that I would like to see die in a fire.
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