InvestorsHub Logo
Followers 5
Posts 58
Boards Moderated 0
Alias Born 01/10/2014

Re: GrabThatCash post# 101106

Wednesday, 08/09/2017 8:12:25 PM

Wednesday, August 09, 2017 8:12:25 PM

Post# of 111920
re: "Price is too high"...I have a rose grinder and, it is extremely well made, works flawlessly, looks beautiful and reeks of quality/class so to me, it is worth every penny I paid for it ($79 using July 4th.20% discount w/free shipping) Would I have liked a lower price? Sure, who wouldn't. Would I have paid a higher price for it? Based on reviews prior to purchase, maybe...based on my experience since, probably, but then I'm a frugal N.E. Yankee so I never pay full price for anything if I can help it!

The point being, the quality, capability and desirability of a product or service determines its' market price point, along with its' COG point and market demand. The EG is unique in that it is a niche product in a "legally challenged" market, marketed to a specific social/economic demographic who will pay whatever they think the EG is worth. I did and so have/will many others.

As Bill Belichick is fond of saying, "is what it is"!

Oh, and for those obsessing about slits/spin offs, PPS movement, PRs, etc....don't. Enjoy your summer doing other things. Rememer the old adage, "A watched pot never boils"