From zero to flipper in 5 months

janice&fred

There's some guy on youtube advertising his coaching skills for instantly earning money by dealing in watches. Could be your pal subscribed to his baloney? His strategically placed fancy cars in the background are quite convincing 😁

Archer

sammich

janice&fred

There's some guy on youtube advertising his coaching skills for instantly earning money by dealing in watches. Could be your pal subscribed to his baloney? His strategically placed fancy cars in the background are quite convincing 😁

Uniqez

Honestly, I don't know what he had subscribed for

janice&fred

Well the salient point of the hustler on youtube is you start out with $1000, buy a watch, then sell it for $1200. Do that 5 times and now you have $2000.
If nothing more the guy is certainly a master of the obvious. 😁

abrod520

What tri-state area is this? In the actual Tri-State area we'll skip the fried bologna and take a meatball sub instead, thanks

janice&fred

Maybe in Canada. In the tri-state area we paesans call it a sangwich. 😁

Scooterino36

Since moving to Connecticut, I’ve also noted that you call what we refer to as “subs” back in Massachusetts as “wedges”. Learned that the hard way when I ordered my first steak and cheese on a roll instead of a wedge.

Dan S

There was someone on another forum that gave a lengthy explanation of how he did something similar. He basically went around to different ADs and bought a bunch of less desirable watches, and then they also were willing to sell him the desirable ones, sometimes. He sold the less desirable ones at break even, or small loss, and flipped the sport models for larger profit. It sounded like a lot of work for a modest profit. And obviously people like this are just parasites.

janice&fred

Here in the New Haven area the Italian bread sangwiches are usually called subs or grinders. I haven't seen them referred to as wedges yet but with my electronic ankle bracelet I don't get out of the house much. 😁

Uniqez

Just the random conspiracy theory.

Few days ago, I've received a text message from the good friend of mine. When I opened it - there were pictures of all the Rolex late models sports watches (primarily new subs, Hulk etc). The message was saying: "if you need any of that, let me know and I'll put you in contact”. I said that I'll purchase all of them at retail. After I finished joking around, I've asked about the person, who were selling the watches. It ended up being good buddy of the friend of mine, who decided to start selling watches about 5 months ago and claimed to have around 200 sold already. Prices were above retail at typical flipping point.

I have asked myself few questions: " How the hell, person just randomly decides to sell some Rolex watches and immediately gets access to all the hot models? What, if ADs are getting kickback from the grey dealers (if this is the case, why they would even move you up on the list, if you are random guy, who wants a Sub in 41mm).

Has anyone seen or heard about similar things? Just thinking out loud.

P.S. Attaching picture of my beloved Explorer 2, just for the sake of having watch picture.