by Recyclersteve » Sun Feb 24, 2019 11:49 am
About how many nickels do you think you have? Also, have you gone through them to remove the culls and uglies? I’m not in a position to buy them, but thought this would make it easier to sell. If, for instance, you have a coffee can of nickels, a potential buyer might think “Oh no, I have to count all these before I can buy them.” If they have already been counted (and perhaps put into sandwich bags with 100 or 250 each, that should make it easier to sell. Think about someone who is in an antique mall with their spouse and only has a short amount of time before they leave. They may not have time to count a whole bunch of nickels. And the person at the antique mall may not have enough time to help them. Still, doing all the counting doesn’t assure you that they will be sold anytime soon.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).
NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.