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Reply to "High Dollar Pantera market heats up..."

To get back to Delgato's comment - I may have just been lucky to buy when I did (Sept., 2012), and at these prices, I would likely not be able to be a buyer today.

I know of a couple of cars that seem like they are for sale due to the price increase, and have heard of a couple of cars that are popping out of long-term storage (probably for the same reasons) and have sold.

I am a little leery of such rapid price accelerations. I moved into a neighborhood in Palmdale CA in '~92 where everyone was "upside down" (after a CA housing crash), and saw the same thing in 2001 and subsequently a couple of years later. I have seen the Internet bubbles burst, and the stock market "corrections".*

I would suggest that the current market is making dramatic changes in Pantera ownership - for better or worse, it is hard for me to say.

Rocky

* P.S. I recognize the long term trend (stock market, housing prices, ??) is generally "up"... so if you are a "buy and hold" guy, you should be able to easily weather the market cycles and corrections......... except if I were to add up all these receipts I have in my envelope! Eeker
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