I'm confused (what else is new)

T

tyuio

Joined
Apr 9, 2003
Messages
984
I've just noticed the amount of people that order knives just to turn around and sell them has been growing lately. What is the draw of day trading on knives? Don't get me wrong, it's a free country and you can do what you want (in respect to buying/selling knives at least) but why bother? Just an observation. I know if people have knives for awile they might sell them to get something new, i have done the same. What i'm talking about is buying the knife just to turn around and put it on the market. Seems like way too much work for such a little profit margin, unless you value your time and effort not at all.

:confused:

:D
 
I agree that it is far too much work for the little profit margin. I suppose the draw is that it is a lot safer than the stick market regardless of the minimal profits. Not to me, but to some. If you consider the gas and cost of postage, if you do a lot of selling you aren't really making much unless you are hosing people. I think some of these "day traders" should also consider the rules of selling here. If Spark figures you for dealing, then you are going to get canned. There is a fine line between a collector selling off some knives here and there to expand his or her collection, but the "day trading" behavior is obviously not in keeping with that.
 
Progunner said:
I agree that it is far too much work for the little profit margin. I suppose the draw is that it is a lot safer than the stick market regardless of the minimal profits. Not to me, but to some. If you consider the gas and cost of postage, if you do a lot of selling you aren't really making much unless you are hosing people. I think some of these "day traders" should also consider the rules of selling here. If Spark figures you for dealing, then you are going to get canned. There is a fine line between a collector selling off some knives here and there to expand his or her collection, but the "day trading" behavior is obviously not in keeping with that.
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Gas? What gas? Mine get picked up!:D
 
I believe that some folks resell soon after purchase because the knife is not what they expected.
 
Bravado said:
Gas? What gas? Mine get picked up!:D
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You live in La La land though. :D Did you ever find that tag at the zoo? :D:D

Z51, You have a good point there as well. Some folks probably do get them and then turn them because it isn't what they wanted or needed. No harm there, but like I said, you can tell those guys from the others.
 
Progunner said:
You live in La La land though. :D Did you ever find that tag at the zoo? :D:D

Z51, You have a good point there as well. Some folks probably do get them and then turn them because it isn't what they wanted or needed. No harm there, but like I said, you can tell those guys from the others.
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Then again there are some folks (like me :rolleyes: ) who over extended themselves and suddenly realized they need to sell (at cost) some of their beloved knives just to be able to get another new knife :confused:
 
Z51 said:
I believe that some folks resell soon after purchase because the knife is not what they expected.
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I think there is some truth to that. I pretty much buy two of every knife I find interesting that isn’t readily available. That way if I really like the knife as a user I have one to beat up, or in my case lose, and know that I have one in reserve. If I’m not thrilled with the knife then I’ll sell one or both at some point. I have also sold knifes that I do like because I see guys running around looking that have missed out. Like I sold one of my two Tan GWs.

But to answer the question about what is the draw to “day trading knives?” Well it could be a hobby, just like collecting them, and if you want to question why some guy gets his jollies out of that well then you also have to ask why some guy might tie up $50,000 in collecting knifes or ask me why I have $40,000 worth of bicycles in the garage.

It just might be what they like to do. Now selling here and looking like a dealer is another question.
 
As a college student, I am far from being wealthy (but I have big plans..:D). Like many here, I am on the search for the perfect set of blades and being poor makes doing this very difficult, especially since I've been bitten by the Busse/Swamp Rat bug.

Since these knives are typically purchased without actually holding the blade, I've found that I can use the current market to my advantage. I can purchase a blade from the Company Store or from the site direct and then make an informed decision on whether or not I want to keep it. The market allows me to evaluate each one and then turn it without losing money. :cool:
 
kukula said:
Then again there are some folks (like me :rolleyes: ) who over extended themselves and suddenly realized they need to sell (at cost) some of their beloved knives just to be able to get another new knife :confused:
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Lol thats me usually I overextend myself and then I have to sell one to either pay a bill or buy a diff knife lol.
 
Progunner said:
You live in La La land though. :D Did you ever find that tag at the zoo? :D:D
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Ughh...it's not my fault it's my meds for my Gulf War syndrome!:o


TAG? We don't need no stinkin TAGS!:D :p
 
I agree about there not being any other way to evaluate a Busse or Rat, but...

I don't want to turn this into another whine, but when there are people trying to turn $100 dollar profit on a knife that was available two weeks ago I think the appeal is obvious- although I didn't notice it exactly flying out the door. No offense to the person selling that knife- the way things have been going, who can blame you for trying, you greedy bastitch! ;)

Also, are you sure there's a rule about dealing? What does it say? I only ask because there are at least a few people who always have multiple knives for sale at prices that leave plenty of room for profit.

Just wondering- the moderators are usually way too quick for my taste- I always seem to get there only in time to see "Edited for xxxxxx" :(
 
Buy 4 knives for 200...sell three for 275...means the knife you keep is yours free. It's called being a dealer...buying with the intent to sell for profit.
 
shappa said:
Buy 4 knives for 200...sell three for 275...means the knife you keep is yours free. It's called being a dealer...buying with the intent to sell for profit.
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Actually I thought being a dealer was having a license to sell which would allow you to purchase wholesale knives from distributors for resale.:confused:

My thought has always been let the collector make a profit here and there so he can get his next score and if I or you don't like the price then don't buy from them. Oh and for the record most of my collection is 3 to 4 years old.
 
From Sparks stickied post on Dealers in the For Sale forum.

"Just a friendly reminder - You might be a dealer if...

--------------------------------------------------------------------------------

... you buy knives with the express purpose to turn around and resell them at a profit, on a regular basis, then you just might be a dealer.
... you buy knives at wholesale, then turn around and sell them at just below retail, then you just might be a dealer.
... you have a store, or a certificate of resale, and are selling here as a Gold Member, then you just might be a dealer.

We're getting reports of at least 3 individuals listed as Gold members engaging in this sort of thing. Needless to say, this is frowned upon and will get your Gold Membership pulled.

Just a friendly warning from your friendly forums Administrator. "
 
Each Busse knife within a single batch, of any particular model, will vary abit from the next one.

I want to handle three and pick the one that feels best in my hand.

Do I always do this?

No.

It is however my What I would like to do.

So Far giving away the other two has not proved to be to much of a Challenge.

Keeping a few "Extra" Busses has not hurt me to badly either.

My two younger sons and I currently have Nine AK's.

We do not have plans to sell any publicly at this time.

(Yes we will post pictures at some point)
 
papathud said:
Each Busse knife within a single batch, of any particular model, will vary abit from the next one.

I want to handle three and pick the one that feels best in my hand.

Do I always do this?

No.

It is however my What I would like to do.

So Far giving away the other two has not proved to be to much of a Challenge.

Keeping a few "Extra" Busses has not hurt me to badly either.

My two younger sons and I currently have Nine AK's.

We do not have plans to sell any publicly at this time.

(Yes we will post pictures at some point)
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you wouldt be looking to adopt another would you ?? :D
 
buckman#10 said:
well okay i'll be #2 but i sure dont like it :p :D
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Actually I believe I asked first so that would make you #3.
tongue.gif
:D
 
I am always looking for a few good people to hang out with, and to give their "First" INFI to.

My boys bought five of those AKs, I just order them.

My oldest boy is 29 years old, a stepson, and a little slow on the knife/firearm front.

He has no Busse knives, I got him a LCC Lightfoot? for an EDC Pocket knife maybe five or six years ago.

This last weekend I paid for a Glock model 21 for him, his first handgun.
Now we got to wait for the 10 day California pause that refreshes.

Busse's are next, I figure to start him out with a black Skeleton key and work him up from there.

It is a "Hearts and Minds" thing.

Sort of like rolling big rocks down a hill.
 
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