“So you are telling me you bought 10 SOIs of LTEE at $5 and then you sold it at $15 ten minutes later? Where can I sign up?”It’s true; there is no better way to make quick money than getting IPO shares of a solid player. However, how long can this go on? What are you going to do when you cannot sell all the IPOs you purchased? Once the market returns stop lighting up like a pinball machine, what is your sportfolio going to look like?
Here is a thought: Keep trying to get IPO shares, but in the other hours of the trading day, try to find those quality athletes at a fair value. Look for bona-fide superstars at a discount with low trading volume on a slow day (Ex: KOBE, AROD, BRDY). Also, try to buy a young player with unlimited upside (Ex: ODEN, DMAC), or try to take short-term positions on a player before you think he is going to have a big game by looking at a player’s historical performance against a certain team or style of play. Look at a player’s total value relative to comparable players. You don’t want to be there when the bubble bursts, so start investing as player performance begins to drive SOI prices.
Written by RickWildThingVaughn
1 comment:
Hello, on-site I am LineTracker by the way.
OneSeason has a goldmine here with the concept and sure you could make some "quick cash". However I like the contrarian approach-hold the unattractive till it becomes attractive. They allow this because it seems I can hold whatever SOI I have forever (or until they go under), if not point me to this.
In a nutshell the ability to hold a player or a team for the long haul is sexy to me! But I get it, as in your other post, I now understanding the values are oh so important for the quick profit turnover. However, the commuity seems so small won't that create some future issues? And the fact you're providing in-depth insight provides an advantage a potential stalemate? Where are the compulsive players, sign 'em up, lol.
Anyways, I wanted to commit quickly as they are doing electrical work and I'll be without power soon plus Im omw to work. But I am about to browse your blog further to get a better understanding of splits and see how that works with my long term and short term strategies.
Fantasy Sports Has Never Been So Damned Fun! Thanks OneSeason.
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