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coreycoryecorey posted:During the big E3 gaming convention when Microsoft and Sony announced their new consoles my friend texted me and said he preordered 5 of the new Xbox consoles and 5 Playstation 4 consoles with the hope to "flip" them on release. Not even a week before this he quit his job and went back to work on his parent's farm where he is getting paid cash under the table each week, and, to top it all off, he and his wife are trying to close on a house. When the Xbox 360/PS3 were out, people would buy them from Target or whatever and try to flip them on eBay. Anecdotally, the eBay market became saturated with these listings so quickly that people were only making $50 or so, and most people just ended up returning them to the store. This of course was after camping out for hours ahead of time. When I talked to some people in front of a Target, there were like 6 people waiting and only one person was actually going to keep theirs (but they were buying extras to try and flip).
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Jul 2, 2013 18:47
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| # ¿ May 4, 2024 09:52 |
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