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Re: Market pricing working in the hay market! Attn DaveII


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Posted by JD Seller on December 11, 2011 at 14:06:43 from (208.126.196.144):

In Reply to: Re: Market pricing working in the hay market! Attn DaveII posted by dave2 on December 11, 2011 at 12:53:25:

Dave I am talking to YOU. You seem to have blinders on about anything that you buy or sell. You sell a tractor and when it blows up on the new owners then you are shocked that they contacted you. I did not hear you say you gave them any money back. If you have to buy it you are always complaining about how you are paying too much. Then don't BUY IT. You where complaining about higher hay prices but if I remember right you got it cheaper. So you never paid the higher price to start with. It just seems that many times you seem to play both sides of the fence. Sell high and buy cheap but if anyone else does that then they are crooks!!!!

The guy that bought the hay at the lower price and is trying to selling for a higher one is not a crook. He might be a bad business man but he is not a crook. He PAID what the others wanted when they sold it. Then they got mad because they may have priced it too cheap. It would seem that the hay never sold for the higher price. You are saying he still has much of the hay in inventory, not sold. He speculated that the hay price was going to be higher or supply lower. It would seem that it did not have a higher value or short supply. He has not received it and the original seller did get the lower price that seems like it might have been close to the real market price after all.

Many of us on here buy and sell all kinds of things. We have to make a profit or we will not be able to keep doing it. In years past I have bought hay and resold it. There where a few years that I did double the price of the hay. I paid the hay owner/sellers right at harvest, cash money done deal. Then I took a risk and stored it and resold it the next spring for a profit. I have also bought hay and not made much at all if the winter happened to be a mild one. The original owners could have took the risk and waited to see what the market was. They instead chose to take a lower price with lower risk.

I had a guy come to me with several tractors. None of them where running. I asked him if they had ran recently he said he did not know. I told him I would not give him as much without knowing the condition of the motors. I even offered to get them running if he wanted to pay me and then help him sell them. He refused, he wanted the sure money with no extra investment or risk. I paid him about half the market price for them. It turned out they all where easy to get running. So I made very good money on them. So does that make me a crook because I did not give him market price and then gamble that they would be alright???

What started me was you making the insinuation that selling hay for two or three times the purchase price is crooked. I have never been able to FORCE anyone to buy something. If it is too high just don't buy it.


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