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<blockquote data-quote="scooternick" data-source="post: 552843" data-attributes="member: 7484"><p>Yep, I follow a couple of groups on FB and individuals are selling upwards of 10 MOCS a day and have been for a couple of years - that's a lot of trading. Revenue must be bloody massive and overheads tiny. Love to know what the margins are....? </p><p></p><p>Punters snap up practically everything that's posted within minutes, it's bonkers. The prices are also bonkers!! There is clearly a huge market and people with very deep pockets happy to pay the over inflated prices. </p><p></p><p>Not good for the hobby but you can't blame dealers for selling at the prices they do if there is a captive audience - makes great business sense. Would love to know when the bubble will burst. I guess not until the buyers become too old and disinterested.....</p></blockquote><p></p>
[QUOTE="scooternick, post: 552843, member: 7484"] Yep, I follow a couple of groups on FB and individuals are selling upwards of 10 MOCS a day and have been for a couple of years - that's a lot of trading. Revenue must be bloody massive and overheads tiny. Love to know what the margins are....? Punters snap up practically everything that's posted within minutes, it's bonkers. The prices are also bonkers!! There is clearly a huge market and people with very deep pockets happy to pay the over inflated prices. Not good for the hobby but you can't blame dealers for selling at the prices they do if there is a captive audience - makes great business sense. Would love to know when the bubble will burst. I guess not until the buyers become too old and disinterested..... [/QUOTE]
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