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09-04-2010, 07:12 PM
pacocap pacocap is offline
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Quote:
Originally Posted by admin View Post
Yes they do, and often for no obvious reasoning. Online prices can be like riding a bucking bronco.
You'd think they were auctioning off gold or something. I imagine the wholesalers raised their prices on NEW stock so the retailers all raised them to what they would have to if they had bought new stock at the current price, despite the fact that they bought the old stock at a price which allowed them to charge the previous price and still make a desired profit margin. They are trying to see if the market will bear the new price. If it won't then they will have to lower it but I don't expect it to go to the previous low any time soon. I'll wait a few more days just to see.
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