Thread: Grey prices
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Old 13 April 2020, 02:23 PM   #84
BillA
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In my opinion......anyone wanting to get their favorite SS Professional model at MSRP or close to MSRP needs to wait a little longer. I believe it will happen. Why? Right now you are seeing the stock market come back up again, the Dow has climbed back to the 23K range. I personally believe that cannot be sustained because we have not seen the new sales/earning of large corporations that are shut down. The recent spike in the DJIA is all emotional buying. The real economic statistics have not set in, because they have not been reported yet. All large companies are pulling back their earnings forecast for 2020 and have remained mum on their forecast. When June 30th rolls around and we see some earnings reports, the market will take a big correction. Even when the economy is back “open”, we just don’t start at where we left off before this virus. The workforce will have to trickle back, not come back all at once. There will not be a demand initially for products due to lack of income.
So bottom line, be patient and you will get your call or price.
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