GREY:BNCIF - Post by User
Comment by
CommonCentsforDollarson Apr 04, 2014 1:10pm
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Post# 22412495
RE:RE:this is sad
RE:RE:this is sadI understand everyones disappointment that we dont know how much it was sold for. Part of me has the same feeling, however you have to remember their focus will not be with just ONE customer. If they start advertising prices, then future customers could use that as a negotiation point.
Prior to my life of the stock market, I used to own a successful company. Never would I tell anyone what I was selling product for. All my customers were fairly large corporations and a lot of those companies dont have a clue what they are doing. At one company I may have sold a product for $500, but to another company I would sell that same product for $700. Over time I felt on my success rate of winning or losing deals, I could gage how much margin I could charge each different corporate customer. You would be amazed the difference in price one company would pay compared to another. Based on that decade of owning my beast,. I would be on the same page as Spiro and NOT advertise what I made this sale at. It would only have the potential of disrupting future profits from other potential customers. Anyways, that is how I see it.
CCD