Quote:
Originally Posted by dchang81
That's what I don't get, are they all still holding out hope that another bubble will start forming? I would think they would try to start moving excess inventory but it's more of a gentle trickle. I figured it was bad a few months ago when a well known grey said no to even an offer for a steel Rolex sports model, but their pricing still hasn't budged. I would think some of these over leveraged folks would start undercutting each other but they've done a good job cooperating I guess.
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Agreed! The amount of 26331s I see listed for 80-90k is absurd. Those prices aren’t happening again (I refuse to believe end users were buying them at the price). At some point they are going to have to accept they made a mistake and take the loss