muaddib5 wrote in The Noble Knight Dragon #1 Conundrum:I'm not sure "VERY good businessman" is the first term that comes to mind when most think of NK :roll:
Whatever floats your boat I guess, like the BIN listing for Dragon #2 at $395 that was just posted. Out of 96,887 listings, the first 10 pages are items at or above $195.00.
To me, this sounds more like the hedge fund manager who raised the $13.50 per pill medication to $750.00 per pill overnight than a "shrewd" business stragety. But that's just me.
Thanks,
muaddib5
I didn't say a SCRUPULOUS one, Mu. The best ones rarely are.
That hedge fund manager you mentioned was a guru. He raised his price with the full intention of dropping it; he know Harvoni was on the horizon. The intent was never to get $750 per pill; it was to get a gigantic amount of free publicity (bad works just fine in finance) to get people to hop the train. The result? Harvoni now goes for $1,300 a pill; hep C patients being treated have almost tripled; and since a huge number of patients are on Medicare the taxpayer foots the bill, to the point where the government is scrambling (Medicare is barred from negotiating drug prices). For all anyone knows, the makers of Sovaldi and Harvoni cooked up this path together years ago. It happens every single day.
SO much goes on behind the scenes in drugs and finance that a lot of times it makes no sense on the surface. These guys get paid millions for a reason. They don't care if the world sees them as the Antichrist, their job is to make money for their company and shareholders.
Now, I personally don't care what anyone other collector/reseller charges. That is up to them. If they want to artificially drive up the market by taking a risk, se la vie. That is capitalism. Then again, I have no dog in this fight, so it is easy for me to take that stance. NK is in the game to make money; as long as he doesn't cheat or steal I don't see why he shouldn't be allowed to charge whatever he likes. Time has proven that you will get a $450 Dragonfish (my term, patented as of today) on occasion, and retailers are OK with sitting on high value items for long periods. Much of the time that is just eye candy for their low value sales.
If you hit a Rowsdower, you get to keep it.