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jonebone

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Everything posted by jonebone

  1. I'm 3000 shares of WISH still and haven't sold any covered calls. I really don't want to give them away for cheap because I want to hold. But if just playing with no attachment it's a great buy at $9 and sell around $11 until earnings soon. One I grabbed totay was ELY for buy and hold. It's Callaway Golf who have smashed every profit and revenue protection many times over. Then they did it today again and stock still dropped 5%. You need a cooldown to shake out dumb money who bought pre earning calls but it's a no brainer hold. They just added TopGolf to books this quarter and that is a massive franchise with unlimited potential. I believe 60ish nationwide with obvious room for growth and expansion.
  2. Aren't almost all commodities up at this point in time? Cars, Lumber, Steel, etc? I'm playing CLF (Steel), in at the low $20s and it's almost $25 at the moment. I added AN (AutoNation) to my watch list around $100 but never got my entry and now it's almost $120. I'll add LTHM to my watchlist as well but pretty much any commodity seems to be up this day and age.
  3. It's been at least $100+ CIB for a couple years now. People finally realized it was a first party Nintendo game I guess.
  4. I think it was originallly listed as $5999 BIN then sent to auction? Typically when that happens you may have someone bid one over the prior BIN price to "play it safe". In this case two people went over that BIN price and one is probably very surprised they lost.
  5. Well, it's just cash I had earning 0%, if I beat that I'm happy. Been slowing reducing cash exposure looking for things to play, and Nintendo is a stock I want to hold regardless. Personally speaking, I also thought the OLED was a bomb, yet it's still sold out preorders and going higher than retail of course. Retail $350 and preorders around $450-$500. Not Earth shattering but still typical Nintendo where everyone wants it. I think people are underestimating 2 or more Switches per household too. I have a dock upstairs and downstairs and may just have one for each spot. The joycons also wear out overtime and my original blacks are worthless really. I technically have 4 sets working sets but even one of those red / blues is annoying to play with. If I can get an OLED at retail I'd probably take it just to save another joycon purchase and try the new hardware. Zeldas and Marios will come and I think we're 2.5 years or less from the inevitable beefed up Switch. With the DS they went to 3DS and then finally 3DS XL (technically a DSi in there too). Here I think they're going more from Switch to Switch XL before going to the Switch Pro XL or whatever they call it. Buy them some more time and hit the market with technology upgrade well before PS6 and the next Xbox cycle. Either way, just a staple stock I want to own!
  6. They definitely do that for the true cream of the crop stuff. They hinted a sealed Zelda TM and some sealed long boxes (Resident Evil, Twisted Metal, etc.) that they are doing just that. It's not that hard to get something through the Warp Zone queue door to door in less than a month which is still plenty of time for October.
  7. Took longer than I expected from the end of January, but PZZA finally did get the $120 I expected. Will continue to monitor. One for everyone in this thread... NTDOY! I've been waiting for an entry and now's a chance. Nintendo is 20% cheaper today than it was 1 month ago, down from $75 and equal to prices of a year ago at $59. I'm taking a small position here and hope I get more opportunities to really load up around $50. They're so fat with cash that they are buying back shares and we know they can ride this Switch thing for awhile. It's one of those lulls between software releases. It could drag out 3 or 6 months or so worst case, but when blockbusters get here it's another pay day.
  8. I always have a bunch of orders coming and going from there. I can tell you that it's the Gamecube / PS2 / Xbox style cases they are clearly out of at the moment. I have an 11/19 Turbo run that went into post-grading a long time ago, and I got most of the games back on 6/26. Then I got a few more back on 7/25. But the one Gamecube game from that group, still sitting in the post grading queue. As far as Speed Runs back in hand, latest I got was my 4/29 order that came back Saturday. I don't count business days, I just assume about 3-4 months door to door on Speed Run and 8+ on Turbo. I sent in a Warp Zone yesterday and I'll see if that really makes it door to door in 2 / 3 weeks.
  9. Does it have any ventholes? I agree the color break on the red side is a strong possibility of a reseal. But I'd want to see if there are ventholes as well.
  10. You really think so? There's sealed case fresh copies of Bonk out there (95s) and there's like 2 or 3 confimed (max?) Kid Draculas's sealed. WIth Bonk coming in Electrobrain and Hudson soft versions you'll see them up from time to time. It's just a drought and sought after when the TG16 game blew up. I agree Dracula tends to be more available based on value but over the years there's been plenty of Bonk chances. I think confirmed copies would skew higher on Bonk than Drac.
  11. The population report argument will make my head explode. You can't compare a mature to an immature market. Point being, a 1906 tobacco card or 1930 comic or anything from nearly a century ago is pretty mature. If the population says there's only 20 in existence, then there's pretty much only 20 in existence. You may find a new one every once in a blue moon but those are known collectibles and everyone has turned over every rock possible trying to bring them to market. Then take a sealed game from the 90s like Mario. Granted the market is much more mature than it was, but it's so new that you will keep finding new copies come to market. It will be much slower than it used to be and competition will be fierce, but the population is going to keep increasing. Drawing those parallels to a mature market is fool's gold. I do entirely agree that many titles will not have enough copies available compared to the waves of new buyers coming in, but comparisons to something nearly 100 years old are a little silly. It's just the typical car salesman type pitch where you're giving the new money every excuse in the book to overspend.
  12. I'm not sure why this is going on still, it's 100% reseal / fake / whatever you want to call it. I alluded to someone selling a ton of fakes about 3-5 years ago and @ExplodedHamster was more specific saying some guy in Georgia was selling a bunch of fakes. This looks like one of those and this thread can be done now.
  13. I sold one with a lot of wrap wear a couple months back, probably still on eBay. I like the title and lots of titles but I'm picky on condition and it had tons of wrap tears. You could pick tons of sports titles that are undervalued when sealed Mint. Just because they certainly aren't out there supply wise (just like everything else), it's just the low demand that keeps them cheap. All you need is one in front of an audience and boom. People put too much thought into "I can't believe ______ sold for $xxx,xxx!" It's much more simple. Let's say there's $10M, $20M, etc. in money at the table and tuned into the auction wanting to grab something. You got 250 games to pick from, now go! That money is getting spent and it is just whatever supply gets thrown into the market at that given moment.
  14. No regrets, be thankful for what you do have at this point. The game that always haunted me the most was selling a stupid Mint CIB Sqoon back in 2010 / 2011 for $300. I got a "Very Good" one back years later but I know the condition on that game is irreplacable. From dollar perspective I've sold a Super Mario World 85+ and Mario 64 95 (traded for 90+ plus cash / trade), but no one could have seen prices of today this fast. I don't really regret those because I'm sure I spent the money on building the collection and probably got something sealed decent back. But yes, be thankful for what you have. Sealed is pretty much priced out of popular titles (Mario / Zelda / etc.) for normal collectors and it's all the wealthy or businesses right now hopping in. Most people will have to settle for Mint CIB on those. Thankfully you can still "collect" plenty of great titles if you enjoy collecting, but the premium franchises are all but out of reach.
  15. I can corroborate the Mario offers as I had at least 2 wanting my 90+ at 75k back in Jan / Feb which I declined. So private demand had already picked up before public took notice. But I really did think the HA auctions were "too loaded", especially as we came into summertime after a Covid lull and I expected more traveling. Cream of the crop continues to rise but a lot of the other stuff had been fairly stagnant lately. Tons of stuff hitting eBay and social media and not moving nearly as fast as it used to. It seems we get into a cycle of HA signature sale / demand peak, then slow taper down until the next signature peak, rinse and repeat. I wouldn't have been surprised if many stuff underperformed, kinda shocked how well almost everything did. I will say that there appears to be an over emphasis on condition when the buyers clearly don't know whats out there. For example, the Super Mario World population in 9.4 A+ or higher shape is probably lower than Super Mario 64 population in 9.6 A++ and higher. Point being if people expect to hold out until a Super Mario World 9.8 A++ hits the market they'll never get one, or it should be about $15M comparatively compared to the Super Mario 64. Mario World 9.4 A+ seems like a steal at $360k if Mario 64 9.8 A++ is $1.5M... Either way congrats, but bidding seems to imply people think there are 9.8 A++ available on all titles. Which as many of us know, that will never be the case.
  16. Sealed set of the 1996 N64 release year titles in the USA. Very tough set to put together but Mario stole the show yesterday!
  17. 1996, Nintendo, Nintendo 64, Game Cartridge, Super Mario 64, NTSC: U95+(1), U95(2), 95(4), U90(3), 90+(4), 90(14), 85+(12), 85(14), 80+(5), 80(1), 75+(2). There's 62 from VGA, as of 4 January 2016. All "red label" and by the way, I've collected N64 since before that was even a terminology. Never heard that phrase until 2019, it was always called "Non-PC" or "1st print" in collecting groups. Your pumping Wata pops and using Wata terminology so that tells me all I need to know. There's countless raws out there too, hence why my number was in the several hundreds confirmed, and easily so.
  18. Respectfully, you haven't if you thought 60 was a good number. You haven't watched much at all then.
  19. There are WAAAY more than 60 sealed Mario 64 copies out there. Even just shooting from the hip among sealed collector copies or ebay copies I've seen over the years we're at least in the 500 confirmed range. Not including whatever is out there hidden away or privately stashed.
  20. Yeah but even then, the people still don't know what they're buying and you'll need to consult with an "expert" to make sense of it. For example, HA sold an Excitebike 9.8 A+ white oval seal for $43.2k in the last auction. They continually mentioned "highest graded" and "best example of this game that we've sold" when running the auction. Yet no, clearly the white oval seal is typically far inferior to pricing on round oval seal black boxes (or even the hangtabs versions too). The best copy they've sold was the 9.4 A+ Carolina Collection round seal copy. End of day, sure I don't mind arming the people with population reports but I think people are a bit naive if they expend it to send earthquakes through the pricing. It won't be earth shattering like some suspect.
  21. Why would you cross it, they'd hit you with a severely large bill (1% or 2% of value?) No reason to right now.
  22. It's not a 1 of 1. There's at least a dozen VGA copies that would hit 9.6 A++ or 9.8 A++ as well.
  23. I have a 90+ and was getting 75k offers unsolicited in January. I agree the price may seem crazy but I've been saying for years nostalgia drives prices. The N64 is too new argument is no longer valid.
  24. You also have to realize that people go in with each other sometimes, or that there are new companies that sell fractional sales of collectibles. Not saying it'd be "easy", but one of those companies could buy that Zelda for $870k and then list it for $1M with fractional shares, say $100 a piece for 10,000 owners. I bet those shares would sell out in a day, then the "market cap" on it is $1M. The company who bought it gets back their investment and some and gets to pump it to the moon. The sealed graded market on key titles is likely never cooling off. What typically happens is one of these signature auctions goes off and everything close to relevant gets bought off ebay and then it cools for a bit until next signature auction. I really thought some of these sales would underperform due to summer time lull and post-covid reopening but if that didn't do it then nothing will.
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