Replies to post #139134 on Verb Technology Company Inc (VERB)

[tedpeele]

If AGP did their job they wouldn't let that happen -- demand pushes prices up and AGP should have been well aware of the demand level.

[fuszball]

Not if the participants in the transaction have any sense or knowledge of economics.

Let's test your knowledge.

Econ 101 Problem:

You have 10 cookies to sell. You have 20 buyers willing to pay your offering price of $1.00 What do you do?

A. Raise the price.

B. Cut the price.

C. Keep the price at $1.00 and have a lottery drawing to see who gets them?

D. Call the cookies VRRB's and sell them to the buyers who'd be willing to pay less than 50 cents.