InvestorsHub Logo
Followers 4
Posts 2033
Boards Moderated 0
Alias Born 04/25/2017

Re: None

Wednesday, 05/17/2017 11:28:21 PM

Wednesday, May 17, 2017 11:28:21 PM

Post# of 8795
You are a buyer and seller of jars of peanut butter. Your special brand is Peanut Insanity Open-Easy (PIOE) Peanut Butter. Any day you want you can walk down to the marketplace down in Pinkston and buy or sell your PIOE for about $5.00 a jar. Hundreds of people buy there every day. If someone won't buy for $5, perhaps they would pay $4.99. If you can't buy a new supply for $4.99, you could probably pick some up for $5.

But one day you were told that you couldn't buy or sell your PIOE Peanut Butter at that market and nobody was around there for several weeks. You were told that maybe you could do some business over in the gray district across town. So you went. When you got there, there were only two people that seemed like they could do something to help you. One said that he would be glad to give you more peanut butter for $10.99 a jar. The other was more interested in buying, and he said he would gladly pay $1.59 for a jar of your PIOE.

This disappointed you because you had recently signed a deal that was going to reward you based on the average price of your PIOE sales for the next five days. But in the gray market district, there weren't enough traders to come up with any kind of realistic value of your PIOE. In fact, you had a brand new and improved version of PIOE that had never been sold before. You weren't sure exactly what it would normally sell for and there was no way to tell in the gray district. And now your reward might be based on some crazy number that has no relationship to what amount might be popular soon when all the regular traders are allowed to return back home in Pinkston. "This stinks", you thought to yourself...

Always be on guard for misleading, deceptive or erroneous messages. I am not an investment professional. My messages are my opinion only, and are subject to change when contrary information is later relied upon. Always do your own research.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent PX News