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RE: Cat Flipping
OK. For you Brits .. the London Commodity Exchange. If you're elsewhere, just read the name of your local commodity exchange. You have one, even if you've never looked.
Consider: Kroger, WalMart, and Tesco (for you Brits) do nothing more than purchase something, mark it up, and sell it. What they are doing is:
* moving it from here, to there
* buying it yesterday, to have it available today
So, that 'flipper' y'all hate is:
1) Raising the average price per cat.
2) Offering cats at the markets which get better prices by taking from those where they don't.
3) Offering cats when or where the demand is higher by purchasing them when when or where the demand was lower.
None of these are bad things. But, if you insist on calling this activity 'dishonest' so be it. All that the 'flipper' is doing is making a bit of extra money, when they guess correctly, at the cost of the money they lose when they don't/
Remember, in other threads, the idea of telling people to raise their prices has been discussed. This behavior can, and often does, come across as irritating, if not abusive. It presupposes that YOU know better than THEY .. unless you're the auctioneer they're talking to, that's nothing more than hubris.
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Cat Flipping
