@steelcitydw I’m relaxed - the topic is collectors, no? There is no volume. Fairly simple. 70% of the platform’s liquidity comes from institutional capital. Not sure what more you want me to explain why pre ipo trading is naturally illiquid. Pushing back is ok DW
@steelcitydw You cherry pick the most prolific pre IPO names from your initial click bait post about collectors. Believe Hiive had 2.1bn in volume for ‘25 of which ~70% is institutional capital. A sliver of daily public market volume. An illiquid market and it shows based on no volume for CU
@tonyisonline@steelcitydw For me at least it’s more about the misleading nature of the post. Companies typically have first rights of refusal - transactions are extremely difficult to get done. The photo provided proves there is no activity… just 2 bids no listings. “Down 20%” is merely a guess
Collectors Universe shares dropped 20% in the past three months on the secondary markets.
Shareholders are willing to sell for less.
(Source: Hiive, Forge Global)
@BosCardHunter@JunkWaxHero79@natsturner
@tonyisonline@goatcollect I don’t expect an answer but seems weird to get folks riled up on nothing but words. Fractional ownership has gone super well (lol). The second the “public” jumps in - all the fun stops for the flipper who quit their day job imo
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