Posted by:
RamblinWreck
at Tue Aug 2 16:49:42 2005 [ Email Message ] [ Show All Posts by RamblinWreck ]
Actually anyone who says the market is heading up has their head in the sand. The fact is the ball python market has peaked in terms of price. Volume may increase as more animals are moved but they will be at lower prices. Here are some reasons:
1. There are many, many, MANY, more people breeding them than ever before, so there will be that many more available hatchlings for the market to absorb.
2. The people breeding them have large numbers of adult females ready to go, waiting for the next big morph, and males will breed their first year to multiple females.
3. As the market sees the price drop on each new morph a little quicker than the last, people will be a little more hesitant to drop ridiculous money on the latest and greatest. You can say the market has a "memory"
4. Luecistics. Yes, that's right - white snakes. The prices on these babies are going to set the pace for future morphs, and folks, they will drop like a rock! There are too many in the hands of breeders, and too many different ways to make them. WAY TOO MANY breedable "hets" exist for these to hold value very long.
I can go on, but by now the picture should be clear. Buy what you can afford without ever counting on selling babies to recoup your purchase price. Don't buy into the myth that if everyone just holds their prices, the market will be fine. Ask stockholders of Enron how their "investments" are doing....
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RE: Where do you think the market is headed in the next 5 years! - RamblinWreck, Tue Aug 2 16:49:42 2005