Do short-sellers work better than buying stock on Robins Hill? That is a question I ask myself all the time and it's one that investors ask me, too. It all boils down to supply and demand. In other words, if there are more short-sellers than buyers on Robins Hill, then prices will drop and the supply will increase, thereby making it difficult for sellers to make money on their transactions.
In my opinion, the answer is no. The problem with Robins Hill isn't because there aren't enough short-sellers, but because there aren't enough buyers, period. There aren't many electronics stores in my area or in my state. Thus, the limited population of Robins Hill stops electronic equipment manufacturers from providing discounts on their products. In short, if there aren't enough buyers, it will be difficult for short-sellers to make money.
But what about the supply issue? Let's say you have a BlackBerry and you want to purchase some new apps for it. Now, you might want to do this right now. After all, you don't want to wait until the store opens or until the deals begin on a specific day. If you were able to purchase the same phone from your local Robins Hill pawnshop, you would probably have a much wider selection of preloaded apps at your fingertips. So why not go ahead and ask for a discount from the pawnshop?
Why not ask them to reduce your purchase price? This may sound crazy, but it can work. What if they agree to reduce your purchase price by 50%? They may say yes, but you have to ask again.
Some short-sellers are just crazy. They see value in the dollar and they are willing to jump at the chance to buy. Unfortunately, this mentality is also a problem. Sometimes people who are selling on robinhood aren't actually looking to sell at all. Rather, they want to buy a phone at low-prices. If they know that the store is going to honor its purchase offer, then they won't worry about asking for a discount.
You should never ask for a discount when you are dealing with short-sellers. If they are offering to take a loss, you should be able to work something out that is acceptable to both parties. If not, walk away. You shouldn't have to deal with a seller who doesn't want to cooperate.
So how should you proceed if you encounter short-sellers? Go back to the pawnshop and ask if they would be willing to help you with the sale. Ask if they can get in touch with the buyer and try to arrange a purchase. Most of the time, you will be able to make an arrangement with a short-seller. It is better than trying to contact a buyer on your own. However, don't expect to get the full face value of the phone if it is one of their specialty items.
If this doesn't work out, you may want to consider contacting the buyer directly. Don't be afraid to tell them you have cash for the item, no matter what you think the real value is. Most people that are dealing with robinhood are in desperate need of the cash. That is why they will be willing to take less than the retail value. Just be aware that they will want to see the item in order to make sure it is what you are claiming it to be.
You can also try your luck at an auction or over the internet. The internet is full of websites where individuals to advertise their belongings for sale. Do your research on each website to make sure the stock you are looking for has been sold. There are some websites that have returned merchandise, which means they are the ones who are selling that stock. If you are lucky you might be able to score an amazing deal.
If these options don't work, you may want to contact a local veteran seller. They will usually have a list of his or her items. If you are willing to pay a little more, these guys will most likely have the item available for purchase. If you get lucky and you don't have any other options, you might just be able to get rid of that unwanted stock for a good price.
No matter what you decide to do when faced with robinhood, it is important to be prepared. Do not leave it too long, since you never know when you will need the item. Also, don't let anyone pressure you into selling it before you decide. Remember, this is your decision, and no one else's.
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