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Re: [OM] NIB OM Prices

Subject: Re: [OM] NIB OM Prices
From: "Tom Scales" <tscales@xxxxxxxxxxxxxx>
Date: Tue, 25 Nov 2003 05:24:32 -0500
It's not new. It's 'as new' and has idiots bidding for it.
----- Original Message ----- 
From: "whunter" <whunterjr@xxxxxxxx>
To: <olympus@xxxxxxxxxxxxxxx>
Sent: Monday, November 24, 2003 10:46 PM
Subject: Re: [OM] NIB OM Prices


> Speaking of that which doesn't stick and doesn't fit on a nice lens, 
> but not the OM nirvana....
> http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=2965242120
> 
> What one could buy in the way of an optical jewel for $800.
> 
> Smells fishy to me, but will help eBay meet another day's quota.
> Bill
> 
> On Nov 24, 2003, at 9:42 AM, John A. Lind wrote:
> 
> > There's another strategy [OK, Conspiracy Theory] . . . don't know if 
> > it's done on ePrey or not.
> >
> > It has a parallel in horse racing called "darkening [or coloring] the 
> > horse."  In thoroughbred horse racing the owner can put the horse in 
> > races it isn't suited for (too long if it's a sprint horse; too short 
> > if it's a route horse; grass versus dirt, etc.).  After building up a 
> > record of poor racing and perhaps dropping a notch or two in the 
> > claiming amount, the owner then trains it up to prime and enters it in 
> > one for which it's well suited and then bets heavy on it hedging that 
> > the paramutual odds will stay up.
> >
> > On ePrey, someone could conspire with several others to make a series 
> > of transactions with exceptionally high closing prices . . . and then 
> > they sell their stuff after they've driven outsiders' perceptions 
> > about the market sky-high.  Done well enough, it could easily repay 
> > the earlier transaction costs (ePrey commissions) and still have more 
> > than plenty left over.  Relatively high risk that it would work, but 
> > the consequences don't involve that high a loss.  If these guys turn 
> > around and start selling in a few weeks, my BS detector would go off 
> > here.
> >
> > How's that for sophistication?
> >
> > OTOH, the most credible theory to me is a couple of guys with more 
> > money than they know what to do with to throw at what they want.  The 
> > closing prices I've read in this thread are absurd!
> >
> > -- John
> >
> > At 07:24 AM 11/24/03, Anderew wrote:
> >> I'm not sure that's a shill:
> >>  - gryphonbay bid very high early on, a risky maneuver if he's
> >>    just trying to drive up bids.
> >>  - He's adding "epsilon" (0.56) to his bids to defend against
> >>    someone else doing likewise.
> >>  - He covered his last bid with another, $25 higher, at the
> >>    last minute.
> >>  - He won (though of course this could happen to a shill).
> >>
> >> So if he's not a real bidder he's faking it well. He may just be 
> >> another
> >> maniac with lots of money. :-)
> >>
> >> On the other hand gr8southlongisland does seem to be getting very high
> >> prices.
> 
> 
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> 
> 


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