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01-08-2020, 06:43 AM
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#11
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Join Date: Nov 2008
Posts: 2,833
Thanks: 3,465
Thanked 12,127 Times in 1,896 Posts
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Asking prices stay higher than market prices because people hate to sell anything for a loss. It can take a long time for asking prices to correct. If sellers cut prices for say a 12ga Trojan to $300. to $500. I believe sales would increase. How many of you have said to yourself my gun is worth 50% less than what I paid, I will just keep it. That thinking slows down sales and reduces the number of buyers. Same happens with real estate and wall street.
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The Following 4 Users Say Thank You to Craig Larter For Your Post:
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