ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

brucethemanlee · 1 March 2020, 01:51 AM

Quote:

Originally Posted by jhd29

With the recent stock market activity due to the Coronavirus, my thought is that any Rolex desired will be available to those who want them.

Look at recent availability to all the “Incoming” posts.

Anyone who bought with the intent to flip will be stuck with them and anyone who paid over retail from a flipper will be underwater.

Luxury items are the first to go in situations like this...

I’m glad I bought the one I have at and AD and I intend to keep it, simply because the SD43 is so awesome!!!

Just my opinion.....

Thoughts??

Thoughts?

People are dying

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outdoors_guy · 1 March 2020, 02:49 PM

Corona virus is just one thing. Keep in mind that Hing Kong alone is a significant portion of worldwide watch sales, and with political instability inventories have already been rising in Hong Kong. Coronavirus was just one more thing to slow sales with already rising inventories. I’m sure gray dealers are trying to sit things for out as long as possible if there is insufficient demand to fetch the prices they want, but if cash flow becomes a problem, they might start selling.

Having said that, Rolex as one brand can potentially stop shipping new watches or even buy back watches if they need to in order to control the worldwide inventory. I hope there is a gray squeeze, but with one brand having so much control and nobody actually knowing what their plans are, I think it would be premature to make a call one way or the other. There is absolutely no reason to think Rolex will sit quietly on the sidelines.

Roli4life · 1 March 2020, 03:10 PM

Until the Coronavirus shuts down, or slows Rolex production. LOL!

Also I would wager that customers who were requesting to be on ‘’the list’’ a few months ago, will still be eagerly waiting to jump at the chance next month, and even mounts/years later.

cerendigit · 1 March 2020, 03:13 PM

Quote:

Originally Posted by jhd29

Answer to the Rolex Bubble is here!!!
....

Not sure if you are serious or you meant this as a joke, but it's pretty stupid.

brucethemanlee · 1 March 2020, 05:06 PM

Quote:

Originally Posted by cerendigit

Not sure if you are serious or you meant this as a joke, but it's pretty stupid.

+1

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1 March 2020, 03:10 PM	#63
Roli4life "TRF" Member Join Date: Dec 2018 Posts: 1,079	Answer to the Rolex Bubble is here!!!! Until the Coronavirus shuts down, or slows Rolex production. LOL! Also I would wager that customers who were requesting to be on ‘’the list’’ a few months ago, will still be eagerly waiting to jump at the chance next month, and even mounts/years later.

1 March 2020, 02:49 PM	#62
outdoors_guy "TRF" Member Join Date: Jan 2020 Location: Maine Posts: 137	Corona virus is just one thing. Keep in mind that Hing Kong alone is a significant portion of worldwide watch sales, and with political instability inventories have already been rising in Hong Kong. Coronavirus was just one more thing to slow sales with already rising inventories. I’m sure gray dealers are trying to sit things for out as long as possible if there is insufficient demand to fetch the prices they want, but if cash flow becomes a problem, they might start selling. Having said that, Rolex as one brand can potentially stop shipping new watches or even buy back watches if they need to in order to control the worldwide inventory. I hope there is a gray squeeze, but with one brand having so much control and nobody actually knowing what their plans are, I think it would be premature to make a call one way or the other. There is absolutely no reason to think Rolex will sit quietly on the sidelines.

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