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<blockquote data-quote="Flipx99" data-source="post: 3381338" data-attributes="member: 562352"><p>This makes me think on it a little more.</p><p></p><p>I think DIYMA presents a type of enigma.</p><p></p><p>Logically, rare/exclusive items have very little liquidity. Think about PPI Art series. The only people that really want them are people who are specifically looking for them or have excess cash laying around in case something like that pops up.</p><p></p><p>The market for Black Denons, and other 'old school SQ' and 'high end SQ' units is quite small...but yet, as you mentioned, the gear moves pretty fast; meaning the products are quite liquid.</p><p></p><p>However, in general take the Sundown SAZ-1500 (not picking on Jacob in any way here)...there are hundreds of these amps floating around, they get good reviews, and such...yet people take massive hits. Why would people be taking such hits on "general" products in which there is a stable level of demand.</p><p></p><p>Perhaps, it is supply has greater influence that demand. Typically, demand as a greater impact on the function than supply. And you can use Granger Causality to prove this....</p><p></p><p>But why does supply, in this instance, have a greater influence on price?</p><p></p><p>Sorry for the rambling, it will take a little bit of thought to wrap my head around this one, but I assume someone with experience can give me some insight into why this exists.</p></blockquote><p></p>
[QUOTE="Flipx99, post: 3381338, member: 562352"] This makes me think on it a little more. I think DIYMA presents a type of enigma. Logically, rare/exclusive items have very little liquidity. Think about PPI Art series. The only people that really want them are people who are specifically looking for them or have excess cash laying around in case something like that pops up. The market for Black Denons, and other 'old school SQ' and 'high end SQ' units is quite small...but yet, as you mentioned, the gear moves pretty fast; meaning the products are quite liquid. However, in general take the Sundown SAZ-1500 (not picking on Jacob in any way here)...there are hundreds of these amps floating around, they get good reviews, and such...yet people take massive hits. Why would people be taking such hits on "general" products in which there is a stable level of demand. Perhaps, it is supply has greater influence that demand. Typically, demand as a greater impact on the function than supply. And you can use Granger Causality to prove this.... But why does supply, in this instance, have a greater influence on price? Sorry for the rambling, it will take a little bit of thought to wrap my head around this one, but I assume someone with experience can give me some insight into why this exists. [/QUOTE]
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