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OSU Plaza Reserves down to $114? Anybody buying just in case?

Posted on 12/4/11 at 3:24 pm
Posted by Charlton3
Shreveport
Member since Nov 2007
20 posts
Posted on 12/4/11 at 3:24 pm
It's probably a sucker bet, but I may buy if it goes much lower.
Posted by tigahfromtheham
On your left
Member since Jun 2005
5863 posts
Posted on 12/4/11 at 3:26 pm to
Bought 2
Posted by DaBike
Member since Jan 2008
10471 posts
Posted on 12/4/11 at 3:26 pm to
Buy, Buy, Buy......Billy Ray…………..

Posted by luvmesumlsu
DFW
Member since Dec 2005
2320 posts
Posted on 12/4/11 at 3:26 pm to


Nope, not a chance
Posted by Croacka
Denham Springs
Member since Dec 2008
61451 posts
Posted on 12/4/11 at 3:26 pm to
Bought 2 at 225 a few weeks ago


I'm in it for good now
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 12/4/11 at 3:28 pm to
waste of $$$
Posted by Charlton3
Shreveport
Member since Nov 2007
20 posts
Posted on 12/4/11 at 3:30 pm to
I think if the BSC votes were leaning toward OSU, the price would be going up, not down. It certainly looks like folks who own are leaning toward dumping them now.
Posted by Charlton3
Shreveport
Member since Nov 2007
20 posts
Posted on 12/4/11 at 3:41 pm to
The bids are down to $50 for plaza level...they're at $75 for terrace.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82094 posts
Posted on 12/4/11 at 3:42 pm to
With these reserves, do you lose the money if that team doesn't make the NCG? If so, why the hell would anyone want to throw away $100 so easily?
Posted by JudgeHolden
Gila River
Member since Jan 2008
18566 posts
Posted on 12/4/11 at 3:47 pm to
quote:

With these reserves, do you lose the money if that team doesn't make the NCG?


Yes.

quote:

If so, why the hell would anyone want to throw away $100 so easily?


Because you could end up with a $2000 ticket for a net price of $350. I agree with you it is not a very good deal at $100. It was a very good deal at $15.
Posted by LSU Beach Lover
Member since Sep 2011
470 posts
Posted on 12/4/11 at 3:49 pm to
From where ?????
Posted by TulaneLSU
Member since Aug 2003
Member since Dec 2007
13617 posts
Posted on 12/4/11 at 3:51 pm to
Funny, those were my two reserves. I kept adjusting the price to one dollar less than the lowest asking price and ended up selling them for $124 each. The last set went for $140 each. It's an extremely volatile market. It was at $350 each at nine this morning. It's amazing what internet Twitter rumors have done to the asking price here. Absolutely worth studying.

The Sugar Bowl has probably made millions on this system just on the transaction fees. I wonder how many millions they make on all the reserves that will officially be worthless at 7:30 tonight.
This post was edited on 12/4/11 at 3:52 pm
Posted by Charlton3
Shreveport
Member since Nov 2007
20 posts
Posted on 12/4/11 at 3:51 pm to
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