italiandragon said:
In 2 years time, people who did not buy or the ones who sell LLLL.com at 10 - $20 will have many regrets.
ones who didn't buy will certainly kick themselves for lack of foresight - unless they somehow did better investing in a different area (which seems quite possible actually - everyone has their own angle in this growing market)
as for those doing a few quick flips under $20 :hi:
well it depends - for sure will be

wondering WTF were they thinking if they sell a large part of their holdings so early in the game ... OTOH it's good to diversify a bit - so in my case I have a portfolio that is a bit "overweight" on the low end - so I don't mind putting a few of these out there to help fund more purchases a step or 2 up the ladder in the $20 to $50 range now ...
But while I'm glad to round out my selection with at least a few VCCV and VCVC when I can find some still within my limited budget ...
I do have to take a careful look at the assumptions I'm making when doing these trades - ie selling 2 such as NQZC and WXUJ to buy 1 IHQA or OVYJ (as I have recently done though actually maybe at a slightly better ratio than 2:1 thanks both to good buyers and willing sellers on this board).
While I hear people predict that CVCV and VCVC will out-perform the low-end on a percentage basis (also taking annual reg fees into account) - I really don't know that it makes sense to overtrade in a desperate scramble to "upgrade" my LLLL portfolio.
Still I'll take opportunities to make some sales at a fair price to buyers (and maybe help broaden the market base a bit in the process) and also to bid on anything I see as undervalued and try to make a few good pickups in a higher price range still within my comfort zone.
The end result from these trades should only result in a more balanced portfolio, with more than enough of my reg-fee diamonds in the rough still hanging tough but now hedged with a few of the more "conventional wisdom" semi-premium pieces.
(Actually - hmmm - also I think I've been buying more than I've been selling! So money continues to flow in the "smart" direction to build up my own small stake in this area.)
Remembering this is a sales report thread ... so enough philosophical verbiage - here's some real numbers ->
NQZC (previously reported as a $5.56 pickup on eBay November 1st) - flipped a few days ago on NP for still a nice price of $14
IHQA purchased Nov 7th here on NP for $30
OVYJ purchased Nov 9th here on NP for $25 (!)
(I think I already posted about IHQA and OVYJ, not sure if I included exact dates and prices though).
EJDW won in NP auction Nov 10th for $14
also a few of my own sales in progress - WXUD on eBay will be closing tomorrow night, already bid up to $10.51 last time I checked ... and ZVQH sale here on NP pending. I'll post those when they're finalized hopefully in a few days. Also should note I've had WXQO and ZVQG on offer here with $15 BIN for a few days but haven't got any serious offers for those. (Which is fine, does me the favor of kicking myself later for letting them go so cheap!)
ok ... to be continued ... :sold:
LLLLater everybody ~