Quote:
Originally Posted by AbeFroman
The fact a dealer came on here inquiring is telling. No offense to OP.
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This. If a grey dealer is actually coming on here inquiring on what the general mood is then the falsely pristine facade of the secondary watch markets is showing signs of cracking, in my humble opinion.
I can't say I am not all that surprised that a grey dealer doesn't know the market they conduct business in, and thus they are coming on here to gather more market data. Extrapolate that to the broader grey market if I may, and I begin to wonder how many of these dealers have little to no idea what they are doing. (No offense OP.)
To the OP, I hope you didn't lever up and you get out of this somewhat unscathed.