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Question about low end prospecting

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darkman

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Hey Guys, i have a question that i was hoping i could get some assistance with.. i have a ton of auto`s of lower end prospects and i usually sit on them in hopes of one of them catching fire for a week or so.... should i be doing this or should i be selling these guys and changing my inventory around? I seem to have a hard time selling cards that are with less then $10 cause it seems like a waste of time but i guess, its money that i`m sitting on.. .Just wanted some opinions... Also, should i sell now or wait till the season starts if it matters at all. Thanks!
 

Lifelongfan

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Be prepared that as soon as you sell (and I do mean as soon as you sell) this person will pitch a no-hitter...hit 4 home-runs in a game or make the headlines in some way...no kidding.
 

thebeatz

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Lifelongfan said:
Be prepared that as soon as you sell (and I do mean as soon as you sell) this person will pitch a no-hitter...hit 4 home-runs in a game or make the headlines in some way...no kidding.

No they wont.
 

sheetskout

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I create a rate of return that I am expecting and use that as a sell point no matter what card it is. If you have a point of profit it's usually best to sell and move on. It all depends on how much risk you are willing to tolerate.

Bottom line though....it's usually best to sell at a profit than to wait for the big increases. These players don't come along all that often.
 

Lifelongfan

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thebeatz said:
Lifelongfan said:
Be prepared that as soon as you sell (and I do mean as soon as you sell) this person will pitch a no-hitter...hit 4 home-runs in a game or make the headlines in some way...no kidding.

No they wont.
DUUHHHHH..yet day wheel...
 

bdal23

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darkman said:
Hey Guys, i have a question that i was hoping i could get some assistance with.. i have a ton of auto`s of lower end prospects and i usually sit on them in hopes of one of them catching fire for a week or so.... should i be doing this or should i be selling these guys and changing my inventory around? I seem to have a hard time selling cards that are with less then $10 cause it seems like a waste of time but i guess, its money that i`m sitting on.. .Just wanted some opinions... Also, should i sell now or wait till the season starts if it matters at all. Thanks!
Here is my advice.
1. Start selling before the peak. I sell in half's.,my first goal is to get my investment back. Then sell half to make profit at next increase. This makes it easier to turn inventory. I generally hold onto only a copy or two for long term gain
2. To make money off low end prospects the $5 card that goes to $10 may seem like a waste of time. But if you have 5 that's $50.
3. It's less about age and more about production- it doesn't matter if he's 26 or 27 if the numbers are there, especially home runs, the prices will rise. Bryan Lahair cards saw a rise last year. I sold sterling autos for $10 ea at one point. I've made money off Brennan Boesch for two years straight. I even made money off Anthony Hewitt last year due to his start.
4. Sell autos in a lot- when I decide to dump my low end prospects due to lack of production I group I sell in lots of 20 and usually get $3 a card.
5. Do not support cards with your work income- biggest and hardest lesson I learned. My reason for this is I am more apt to sell cards this way. I have to always sell cards to keep money in my PayPal account. Those little profits are now more important. My inventory also gets turned over more often
 

Eamon

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Lifelongfan said:
Be prepared that as soon as you sell (and I do mean as soon as you sell) this person will pitch a no-hitter...hit 4 home-runs in a game or make the headlines in some way...no kidding.

daniel nava... during the 2010 national... no cards to be found. **** was going crazy on ebay for 2 days
 

nyc3

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thebeatz said:
Lifelongfan said:
Be prepared that as soon as you sell (and I do mean as soon as you sell) this person will pitch a no-hitter...hit 4 home-runs in a game or make the headlines in some way...no kidding.

No they wont.

You add so much to this community with your detailed analysis and comparisons.
 

Adam G

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bdal23 said:
darkman said:
Hey Guys, i have a question that i was hoping i could get some assistance with.. i have a ton of auto`s of lower end prospects and i usually sit on them in hopes of one of them catching fire for a week or so.... should i be doing this or should i be selling these guys and changing my inventory around? I seem to have a hard time selling cards that are with less then $10 cause it seems like a waste of time but i guess, its money that i`m sitting on.. .Just wanted some opinions... Also, should i sell now or wait till the season starts if it matters at all. Thanks!
Here is my advice.
1. Start selling before the peak. I sell in half's.,my first goal is to get my investment back. Then sell half to make profit at next increase. This makes it easier to turn inventory. I generally hold onto only a copy or two for long term gain
2. To make money off low end prospects the $5 card that goes to $10 may seem like a waste of time. But if you have 5 that's $50.
3. It's less about age and more about production- it doesn't matter if he's 26 or 27 if the numbers are there, especially home runs, the prices will rise. Bryan Lahair cards saw a rise last year. I sold sterling autos for $10 ea at one point. I've made money off Brennan Boesch for two years straight. I even made money off Anthony Hewitt last year due to his start.
4. Sell autos in a lot- when I decide to dump my low end prospects due to lack of production I group I sell in lots of 20 and usually get $3 a card.
5. Do not support cards with your work income- biggest and hardest lesson I learned. My reason for this is I am more apt to sell cards this way. I have to always sell cards to keep money in my PayPal account. Those little profits are now more important. My inventory also gets turned over more often

This is good advice. Especially #5. If you can stick to that rule, it will give you incentive to roll over cards you might be too lazy/disinterested to list.
 

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