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<p>[QUOTE="RedRaider, post: 1690407, member: 27181"]There was a shop by my house that bought 1000 ASE's when silver hit a high of $48+ a few years ago. When silver tanked the next week, they still had them out trying to sell them, but they wanted $50 a piece for them. </p><p><br /></p><p>The shop probably paid more than what they were going to sell them for at current prices, therefore would have lost money on all transactions. Owner has every right to sit on his product and wait until at least a break-even point. If silver continues to plummet, maybe the owner will want to dump them and get something out of the deal.[/QUOTE]</p><p><br /></p>
[QUOTE="RedRaider, post: 1690407, member: 27181"]There was a shop by my house that bought 1000 ASE's when silver hit a high of $48+ a few years ago. When silver tanked the next week, they still had them out trying to sell them, but they wanted $50 a piece for them. The shop probably paid more than what they were going to sell them for at current prices, therefore would have lost money on all transactions. Owner has every right to sit on his product and wait until at least a break-even point. If silver continues to plummet, maybe the owner will want to dump them and get something out of the deal.[/QUOTE]
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