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- Sep 17, 2015
Sit on them? To make 9.5% of whatever increase maybe will happen, to the very limited supply you have?
All the while you're paying the lease for the building(s), electricity, workers salaries, workers comp insurance, benefits, and countless other business expenses. Wow.
And in StockX's case, now you have to rent space to store these shoes, and hire additional employees to handle these specific shoes you're sitting on. And you need to pay employees that will attempt to time the market perfectly, which isn't easy so those employees wouldn't be cheap. Yeah, that sounds like a GREAT business plan.
I hope you find peace for whatever is truly troubling you.