WEBVTT 1 00:00:23.239 --> 00:00:26.359 What's up everybody? Welcome back to the show here. This 2 00:00:26.440 --> 00:00:30.239 is Hobby Hotline, Episode three eighty seven. I'm back for 3 00:00:30.280 --> 00:00:31.920 the second time this month, so I hope everybody in 4 00:00:31.960 --> 00:00:34.000 the chat is not sick of hearing me talk at 5 00:00:34.000 --> 00:00:35.960 this point, but either way, we are here. We are 6 00:00:36.000 --> 00:00:39.359 here with two of I think the OG co hosts 7 00:00:39.359 --> 00:00:41.600 when I first got started, I remember these guys. These 8 00:00:41.600 --> 00:00:44.320 guys have been co hosts for forever. We got Orlando 9 00:00:44.439 --> 00:00:46.479 and then we've got Victor True Arcas. We'll start up 10 00:00:46.520 --> 00:00:48.920 at the top here, Orlando. How's your week been going, 11 00:00:48.920 --> 00:00:49.600 what's been up to? 12 00:00:50.679 --> 00:00:51.320 Been going good? 13 00:00:51.600 --> 00:00:54.399 Just you know, watching a lot of YouTube videos and 14 00:00:55.159 --> 00:00:58.359 kind of always getting involved in the hobby. After this show, 15 00:00:58.679 --> 00:01:02.200 I'll be going to a small card show, which would 16 00:01:02.200 --> 00:01:05.200 be the first time that these new promoters have a 17 00:01:05.239 --> 00:01:08.879 card show here in South Florida, in the Cooper City area. 18 00:01:09.000 --> 00:01:12.280 So it just seems like the hobby is strong. I mean, 19 00:01:12.799 --> 00:01:15.480 new card shows opening up even here in South Florida. 20 00:01:15.519 --> 00:01:18.519 We don't have too many, but this is a new promoter. 21 00:01:19.480 --> 00:01:22.439 We had a new one come in this year at 22 00:01:22.439 --> 00:01:25.519 the hard Rock Casino, which is it was pretty big, 23 00:01:25.519 --> 00:01:28.280 over two hundred tables, and that was their first show 24 00:01:29.000 --> 00:01:30.920 and this is gonna be a little smaller one at 25 00:01:30.920 --> 00:01:34.159 the American Legion Hall, but you know, matches just to 26 00:01:34.159 --> 00:01:36.640 see how this one turns out. It will be their 27 00:01:36.640 --> 00:01:42.599 first show. So more shows, more more hobby stuff going on. 28 00:01:43.239 --> 00:01:45.400 Yeah, yeah, absolutely, more and more shows the better. I mean, 29 00:01:45.879 --> 00:01:47.760 I think it's the same in Massachusetts. Maybe I just 30 00:01:47.840 --> 00:01:49.680 wasn't paying attention to shows as much, but I was 31 00:01:49.719 --> 00:01:51.840 looking at our calendar and like every week there's like 32 00:01:51.879 --> 00:01:54.239 three or four shows all over the place. So definitely 33 00:01:54.319 --> 00:01:56.799 definitely good to see some increasing of that. You know, 34 00:01:56.840 --> 00:01:58.879 new promoters also getting new people in the hobby. That's 35 00:01:58.920 --> 00:02:03.680 also good. Also have Victor here at True RC's Victor 36 00:02:03.760 --> 00:02:05.480 kind of same question to you, how's your week been going, 37 00:02:05.519 --> 00:02:06.239 what's been up to. 38 00:02:07.239 --> 00:02:11.039 I've been good man, Unlike Rolando here was living that 39 00:02:11.120 --> 00:02:13.680 retired life. I have to go work for a living 40 00:02:13.800 --> 00:02:18.319 still but doing good. Guys. Good morning to you guys, 41 00:02:18.520 --> 00:02:20.680 Good morning to the chat, good morning to the hobby, 42 00:02:21.240 --> 00:02:22.800 and let's talk about it. 43 00:02:23.319 --> 00:02:23.520 Yeah. 44 00:02:23.599 --> 00:02:26.360 Yeah, absolutely so, just a little bit of a rundown 45 00:02:26.400 --> 00:02:28.479 here before we get into the show. We're gonna touch 46 00:02:28.520 --> 00:02:31.319 on the eBay GameStop news We're also going to talk 47 00:02:31.360 --> 00:02:33.599 about some of the big changes this week with PSA. 48 00:02:34.000 --> 00:02:36.759 Then we're going to get into Bowman that came out 49 00:02:36.759 --> 00:02:39.080 this past week and the new Top one hundred list 50 00:02:39.159 --> 00:02:41.360 kind of Top one hundred prospect lists, kind of all 51 00:02:41.439 --> 00:02:43.840 encompassing there with prospecting, and then we're going to get 52 00:02:43.879 --> 00:02:46.080 into some more collecting topics hopefully. You know, if the 53 00:02:46.199 --> 00:02:47.919 chat has anything they want to talk about, make sure 54 00:02:47.960 --> 00:02:50.360 you drop a comment. Also, make sure you drop a comment. 55 00:02:50.360 --> 00:02:52.159 I always love doing this. Make sure you drop a comment. 56 00:02:52.240 --> 00:02:54.000 Let us know where you're watching the show from today. 57 00:02:54.039 --> 00:02:56.879 I love seeing all the new faces, all the people, 58 00:02:57.000 --> 00:02:59.159 all the regulars here in the chat and where they're 59 00:02:59.159 --> 00:03:01.680 watching the show from. Uh So, yeah, we're going to 60 00:03:01.879 --> 00:03:07.280 start here with the news that was the eBay d 61 00:03:07.560 --> 00:03:10.840 the eBay game Stop deal, and I even kind of 62 00:03:11.280 --> 00:03:13.879 hesitate to call it the eBay GameStop deal because it 63 00:03:13.919 --> 00:03:16.360 really just seemed like GameStop was trying to get their 64 00:03:16.400 --> 00:03:18.400 name in the news a little bit coming out with 65 00:03:18.439 --> 00:03:20.080 a fifty five billion dollar offer. I don't know where 66 00:03:20.080 --> 00:03:22.000 games Stop is getting that money in the first place. 67 00:03:22.479 --> 00:03:24.599 I post about this on TikTok and somebody in the 68 00:03:24.599 --> 00:03:26.960 comments was like, yes, small companies by big companies all 69 00:03:26.960 --> 00:03:28.400 the time. I'm like, I don't even know what is 70 00:03:28.400 --> 00:03:29.919 that any I don't even know what that means. It 71 00:03:30.039 --> 00:03:32.919 just didn't make any sense to me. Orlando, I'll start 72 00:03:32.919 --> 00:03:36.159 with you, what were your initial thoughts maybe about the 73 00:03:36.199 --> 00:03:38.080 eBay deal when you first heard about it, and then 74 00:03:38.159 --> 00:03:40.360 you know, the deal falling through this past week. 75 00:03:42.039 --> 00:03:44.520 I kind of thought it was almost like a joke 76 00:03:44.560 --> 00:03:47.759 at the beginning, you know, when you're talking about GameStop 77 00:03:47.840 --> 00:03:51.960 that's at best a quarter of the size of eBay 78 00:03:52.560 --> 00:03:56.280 buying such a big corporation like eBay. You know, I'm wondering, 79 00:03:56.319 --> 00:03:58.439 you know, how is this guy gonna be able to 80 00:03:58.520 --> 00:04:01.199 raise any money? And you know, I was watching him 81 00:04:01.240 --> 00:04:05.039 on some of the business shows on different you know, 82 00:04:05.159 --> 00:04:08.719 national news, and he did a bunch of interviews and 83 00:04:09.280 --> 00:04:12.960 he really never never really answered the question on how 84 00:04:13.000 --> 00:04:15.879 he was going to raise all that money. He kept 85 00:04:15.879 --> 00:04:18.199 saying it was going to be half stock, half cash, 86 00:04:18.680 --> 00:04:21.120 but then he said that all he was all he 87 00:04:21.160 --> 00:04:24.639 had in cash, was like a twenty billion dollar guarantee 88 00:04:24.720 --> 00:04:29.639 from a bank somewhere, And I'm thinking, well, how could 89 00:04:29.680 --> 00:04:33.439 a half stock in game stop plus twenty billion be 90 00:04:33.480 --> 00:04:36.160 able to buy or make even a fifty five billion 91 00:04:36.199 --> 00:04:41.079 dollar offer, so that, you know, I thought was kind 92 00:04:41.079 --> 00:04:44.040 of almost like like you said, kind of to get 93 00:04:44.040 --> 00:04:47.639 attention and kind of to get his business out there 94 00:04:47.680 --> 00:04:50.040 and you know, and share some of his success at 95 00:04:50.040 --> 00:04:53.199 game Stop, which has been successful. I mean, Game Stops 96 00:04:53.439 --> 00:04:55.560 was a company that literally was going out of business. 97 00:04:56.360 --> 00:04:59.160 And he is a good businessman, grant him that. The 98 00:04:59.199 --> 00:05:03.079 guy's that a great job promoting game Stop, partnering up 99 00:05:03.120 --> 00:05:07.879 with all these different companies including PSA, and becoming you know, 100 00:05:08.399 --> 00:05:13.240 a real a force in the hobby itself. But I 101 00:05:13.360 --> 00:05:17.399 just couldn't see him raising that fifty five billion dollars. 102 00:05:17.439 --> 00:05:20.000 There was just no way that it seemed like he 103 00:05:20.120 --> 00:05:24.319 was able to actually make a legitimate offer, you know, 104 00:05:24.600 --> 00:05:29.639 with that kind of money and a company that that's small. Now, 105 00:05:30.439 --> 00:05:34.439 to his credit, he did have some great ideas. You know, 106 00:05:34.480 --> 00:05:37.800 he said he would make some changes, you know. 107 00:05:37.920 --> 00:05:38.480 One of them. 108 00:05:38.399 --> 00:05:44.120 Specifically, would be to update the eBay website, which really 109 00:05:44.879 --> 00:05:47.199 needs it. In my opinion, you know that I think 110 00:05:47.240 --> 00:05:51.360 eBay hasn't updated his their their platform for I don't know, 111 00:05:51.399 --> 00:05:54.040 it seems like at least ten years or so. It 112 00:05:54.160 --> 00:05:57.360 just seems to be the same type of thing. And 113 00:05:57.439 --> 00:06:00.160 I do think eBay could do a lot more to 114 00:06:00.279 --> 00:06:03.879 upgrade their site, to add more information on there. I mean, 115 00:06:04.000 --> 00:06:07.959 they could do stuff like tie into PSA and put 116 00:06:08.040 --> 00:06:10.560 pop counts on stuff that they're selling, and you. 117 00:06:10.480 --> 00:06:14.160 Know, do certain things make it, give it a brand new. 118 00:06:14.160 --> 00:06:18.839 Updated, you know, twenty first century look, you know, because 119 00:06:18.879 --> 00:06:22.240 really their site is just oh. And Ryan suggested that 120 00:06:22.279 --> 00:06:24.560 he would be good at that and that he could 121 00:06:24.639 --> 00:06:28.000 better manage the company. And you know, there are certain 122 00:06:28.040 --> 00:06:31.439 things that eBay isn't doing as well as they should 123 00:06:31.480 --> 00:06:35.639 be and probably need a little bit better ideas and 124 00:06:35.720 --> 00:06:36.959 better upper management. 125 00:06:37.480 --> 00:06:39.759 So I agree with that part of it. But I 126 00:06:39.879 --> 00:06:40.920 just couldn't be. 127 00:06:41.000 --> 00:06:44.879 Serious about him having that kind of money to buy 128 00:06:44.920 --> 00:06:47.759 the company. I don't think that he he could afford 129 00:06:47.800 --> 00:06:49.800 it at all. 130 00:06:49.879 --> 00:06:52.160 Right, right, yeah, And I mean, I guess it's it's 131 00:06:52.199 --> 00:06:56.279 good that the platform where a majority of sports card 132 00:06:56.360 --> 00:06:59.240 buying and selling is potentially worth fifty five billion dollars. 133 00:06:59.279 --> 00:07:01.800 I think that is I guess it's encouraging. I mean 134 00:07:02.360 --> 00:07:05.079 it's not like, you know, we've seen companies within the 135 00:07:05.120 --> 00:07:08.480 sports card industry come and go, and eBay has always 136 00:07:08.560 --> 00:07:10.600 it's been one of the biggest companies, and it seems 137 00:07:10.600 --> 00:07:12.560 like it's always going to be one of the biggest companies, 138 00:07:12.560 --> 00:07:15.759 hopefully at least. Victor kind of same sort of question 139 00:07:15.800 --> 00:07:17.519 to you, what was your initial thoughts when he saw it? 140 00:07:17.839 --> 00:07:20.920 And then any you know, has your opinion changed at 141 00:07:20.920 --> 00:07:22.399 all now that this deal is not going to go 142 00:07:22.439 --> 00:07:22.879 through at all? 143 00:07:23.560 --> 00:07:27.399 It hasn't. And I think Orlando did an excellent job 144 00:07:27.480 --> 00:07:34.199 recapping the situation. I was I was, I was entertained 145 00:07:34.319 --> 00:07:38.120 by all of the content, really and I was wondering 146 00:07:38.319 --> 00:07:40.839 when is EBA going to respond to this? And I 147 00:07:40.879 --> 00:07:46.079 think their response this week was rather entertaining as well, 148 00:07:46.120 --> 00:07:49.759 where they mentioned that the offer is neither credible nor 149 00:07:49.800 --> 00:07:52.600 attractive and I don't think I don't think it can 150 00:07:52.639 --> 00:07:56.839 be better said than that. And so at the same time, 151 00:07:57.240 --> 00:08:02.399 you know, there is a lot of political things behind 152 00:08:02.399 --> 00:08:05.199 the scenes that I think, you know, Cohen, I think 153 00:08:05.319 --> 00:08:09.720 has his he's part owner or has owns five percent 154 00:08:09.800 --> 00:08:12.639 of the shares of eBay, So I think they have 155 00:08:12.720 --> 00:08:15.600 to listen to him because he does have a seat 156 00:08:15.639 --> 00:08:17.279 at the table and he does have his foot in 157 00:08:17.319 --> 00:08:20.279 the door. And uh, I don't think this is over. 158 00:08:20.560 --> 00:08:23.199 I think we'll hear a little bit more of this, 159 00:08:23.480 --> 00:08:24.560 uh in the near future. 160 00:08:25.639 --> 00:08:27.759 Yeah, And I think actually, who was it in the 161 00:08:27.839 --> 00:08:32.240 chat here? I think it was Upstate Upstate Sports Cards 162 00:08:32.320 --> 00:08:36.360 kind of went on what Orlando was saying with some 163 00:08:36.399 --> 00:08:39.279 of the platforms or libay not really being updated, and 164 00:08:39.320 --> 00:08:42.080 he was saying eBay being old school is nice for anyone, 165 00:08:42.360 --> 00:08:44.000 you know, getting back into it and knowing how to 166 00:08:44.080 --> 00:08:47.120 navigate it. And I think, on one hand that is correct, 167 00:08:47.120 --> 00:08:49.320 but also it's like, you know, at this point, the 168 00:08:49.320 --> 00:08:52.600 internet is the Internet, Like figuring out how to use 169 00:08:52.600 --> 00:08:54.960 a website shouldn't take you as long. It shouldn't take 170 00:08:55.000 --> 00:08:57.039 you very long. I mean hopefully for most people they're 171 00:08:57.159 --> 00:08:59.000 used to using the Internet. I mean, if eBay is 172 00:08:59.000 --> 00:09:01.279 making changes, I don't know. I hope that they would 173 00:09:01.279 --> 00:09:03.919 be making changes for the better. Like there are you know, 174 00:09:03.960 --> 00:09:06.919 they've updated stuff with PSA in terms of like showing 175 00:09:06.960 --> 00:09:09.600 some of the pop reports and stuff along those lines, 176 00:09:09.639 --> 00:09:11.679 But I mean there are still a lot of improvements 177 00:09:11.720 --> 00:09:12.840 I would like to see as well. 178 00:09:12.879 --> 00:09:15.000 I mean there are like if you like. 179 00:09:15.000 --> 00:09:17.679 The the if someone buys something and they don't pay 180 00:09:17.720 --> 00:09:20.320 for it, it still says that it was a sol 181 00:09:20.440 --> 00:09:22.519 listing like, I don't that's something I would like to 182 00:09:22.639 --> 00:09:25.399 change that they and then if you do best offer, 183 00:09:25.440 --> 00:09:27.679 it doesn't say what the price that was accepted for 184 00:09:27.720 --> 00:09:29.840 the best offer, So, you know, I don't know EBA, 185 00:09:29.919 --> 00:09:32.120 if they're listening to this show, maybe maybe not. But 186 00:09:32.919 --> 00:09:35.399 if there were some changes, there are some stuff that 187 00:09:35.440 --> 00:09:38.480 I would you know, potentially would like to see change. 188 00:09:38.639 --> 00:09:40.919 And yeah, I mean that's kind of it for eBay. 189 00:09:40.919 --> 00:09:44.159 I mean, it's really the news is basically like that, 190 00:09:44.240 --> 00:09:46.320 there was an offer put in and the offer was denied. 191 00:09:46.360 --> 00:09:48.759 So any any final thoughts before we kind of move 192 00:09:48.799 --> 00:09:52.279 on to you know, I think, unfortunately or unfortunately, I 193 00:09:52.279 --> 00:09:53.639 think a topic that a lot of people are going 194 00:09:53.679 --> 00:09:56.000 to have some opinions on here with the PSA stuff. 195 00:09:56.000 --> 00:09:58.279 Does anybody anybody have anything else on this eBay story? 196 00:09:59.440 --> 00:10:02.679 I think been covered enough all over the internet and 197 00:10:02.720 --> 00:10:04.960 every YouTube content creators talked about it. 198 00:10:05.000 --> 00:10:09.440 So yeah, I think it's a it's a it's a 199 00:10:09.600 --> 00:10:15.720 fast paced changing situation. It just they they have done 200 00:10:15.720 --> 00:10:19.919 some changes, positive changes in the last six months or so. 201 00:10:21.120 --> 00:10:24.799 I'm the one. I don't have a lot of things 202 00:10:24.799 --> 00:10:29.440 that I can gripe about as far as my user experience. Again, 203 00:10:29.679 --> 00:10:32.720 I'm not that big of a user as far as selling, 204 00:10:32.759 --> 00:10:36.080 and that's the type of thing, but they have made 205 00:10:36.080 --> 00:10:39.960 some positive changes. I think. Is there room for improvement, absolutely, 206 00:10:41.039 --> 00:10:44.000 But I'm one where if if it ain't broke, don't 207 00:10:44.039 --> 00:10:48.960 fix it. eBay has such long tenure in the hobby. 208 00:10:49.159 --> 00:10:52.120 I just I don't see a lot of things wrong 209 00:10:52.200 --> 00:10:54.399 with it as far as the way I use it. Now. 210 00:10:55.039 --> 00:10:58.879 There is a fast paced, changing evolution going on with 211 00:10:59.000 --> 00:11:02.879 live selling, and it seems like even eBay is is 212 00:11:03.000 --> 00:11:06.519 leaning more towards the live selling and that's a very 213 00:11:06.639 --> 00:11:14.919 successful way of doing it. And I think eBay changing 214 00:11:15.639 --> 00:11:18.840 or adopting that way of selling is going to be 215 00:11:19.559 --> 00:11:21.840 it's the future. I think it's here to stay, guys, 216 00:11:22.000 --> 00:11:24.639 And that's the way most of things are done in 217 00:11:24.679 --> 00:11:27.360 this space around the globe. And we're kind of like 218 00:11:28.039 --> 00:11:30.919 last to jump on board with the live selling concept. 219 00:11:31.039 --> 00:11:34.080 And it's pretty popular, it's pretty big, so we'll see, Yeah, 220 00:11:34.120 --> 00:11:35.279 we'll see how it evolves. 221 00:11:35.759 --> 00:11:38.240 Yeah, And I mean, honestly, maybe I'm nitpicking a little 222 00:11:38.240 --> 00:11:40.879 bit here. I just like I said, I'm yeah, yeah, Well, 223 00:11:40.879 --> 00:11:42.639 I mean the live selling, the changes to the live 224 00:11:42.720 --> 00:11:45.080 selling I think is going to be whatever they can do. 225 00:11:45.159 --> 00:11:47.639 I mean, that industry is so massive, and you know 226 00:11:47.720 --> 00:11:50.000 over in like China, I think it's like already like 227 00:11:50.039 --> 00:11:53.200 fifty percent of all e commerce is done through live shopping, 228 00:11:53.240 --> 00:11:55.960 some like crazy statistic like that. So I would expect 229 00:11:56.000 --> 00:11:57.960 we move you know, farther that. I mean, it's the 230 00:11:57.960 --> 00:12:04.919 reason why you don't, uh TV channels like QVC are around. 231 00:12:05.000 --> 00:12:07.840 It's you know, people love to you know, buy things 232 00:12:07.879 --> 00:12:09.799 that they are being shown on the screen. 233 00:12:09.840 --> 00:12:12.440 I suppose. Yeah, so any. 234 00:12:14.440 --> 00:12:18.679 I definitely think that life selling is the future, you 235 00:12:18.720 --> 00:12:20.720 know for many companies. I mean, look at Whatnot what 236 00:12:20.759 --> 00:12:24.320 they've done with their life selling and their breaks. You know. 237 00:12:24.440 --> 00:12:25.600 The issue I think with. 238 00:12:25.600 --> 00:12:29.080 Whatnot is that people don't trust them because you know, 239 00:12:29.120 --> 00:12:32.600 they pretty much let anybody come on there, whether their 240 00:12:32.679 --> 00:12:35.240 scameras or not. Where I think eBay has a great 241 00:12:35.279 --> 00:12:39.720 opportunity to legitimize a little bit more of the of 242 00:12:39.759 --> 00:12:43.600 the sellers on their side because they literally choose the 243 00:12:43.639 --> 00:12:46.240 sellers and vet the sellers that are on there. 244 00:12:47.399 --> 00:12:48.200 They don't do a. 245 00:12:48.159 --> 00:12:51.159 Lot of promotion for these guys, and that's one of 246 00:12:51.159 --> 00:12:52.519 the things that I'd like to see a. 247 00:12:52.519 --> 00:12:53.240 Little bit more of. 248 00:12:53.919 --> 00:12:57.159 Maybe eBay highlighting their their life selling a little bit more. 249 00:12:57.919 --> 00:13:00.200 But there's some really really good sellers. You know, our 250 00:13:00.200 --> 00:13:03.279 friend Bow from one Million Cubs project, he's on there. 251 00:13:03.320 --> 00:13:06.159 He's done incredibly well with that, And I think they 252 00:13:06.159 --> 00:13:10.960 do have a better group of live sellers than the Whatnot, 253 00:13:11.960 --> 00:13:17.120 but they're still way behind Whatnot on their live selling platform, 254 00:13:17.159 --> 00:13:19.960 and I think that's definitely one area that eBay can 255 00:13:20.000 --> 00:13:23.000 improve on, and I think people would trust them a 256 00:13:23.000 --> 00:13:26.720 lot more than any other live selling site that's out 257 00:13:26.759 --> 00:13:27.639 there in the market. 258 00:13:27.720 --> 00:13:30.440 Right now. They're late to the party, but they're getting it. 259 00:13:30.480 --> 00:13:31.639 They're getting on board. 260 00:13:32.120 --> 00:13:32.720 Yeah, yep. 261 00:13:33.519 --> 00:13:35.600 And so before we move on to the next top 262 00:13:35.639 --> 00:13:37.519 we got thirty people in here. I think we're up 263 00:13:37.559 --> 00:13:40.440 around eight or nine likes on YouTube. So if you're 264 00:13:40.480 --> 00:13:42.480 watching the stream, make sure you go drop a like 265 00:13:42.519 --> 00:13:44.320 on the video. If you want to share the video 266 00:13:44.360 --> 00:13:46.120 with any of your friends one friend, that would be 267 00:13:46.120 --> 00:13:48.519 great as well. But if you're watching this, you're live, 268 00:13:48.600 --> 00:13:50.399 you're you're commenting in the chat, make sure you hit 269 00:13:50.399 --> 00:13:52.600 the like button. We would really appreciate that helps us 270 00:13:52.600 --> 00:13:56.279 here on hobby Hotline on the four Collectors YouTube channel. 271 00:13:56.559 --> 00:13:59.200 The next topic that we have here is going to 272 00:13:59.200 --> 00:14:02.480 be one that I'm sure a ton of people are 273 00:14:02.480 --> 00:14:06.279 gonna have their opinions on so eBay made. Sorry, I'm 274 00:14:06.279 --> 00:14:10.360 gonna well, they're kind of similar. But PSA made some 275 00:14:10.399 --> 00:14:14.600 big news. They made some interesting interesting timing on a 276 00:14:14.679 --> 00:14:16.399 lot of these things. I mean, I've seen one of 277 00:14:16.399 --> 00:14:19.600 the things that there was some sort of I think 278 00:14:19.600 --> 00:14:22.320 it was the Boston card hunter was doing like a 279 00:14:22.480 --> 00:14:25.440 no no grading with PSA in May, and it I 280 00:14:25.519 --> 00:14:28.000 mean I've seen it caught on a little bit online 281 00:14:28.039 --> 00:14:30.720 on Twitter and on TikTok a little bit. So it's 282 00:14:30.759 --> 00:14:32.960 interesting that PSA comes out with this announcement they say 283 00:14:32.960 --> 00:14:37.480 that there are investing two hundred million dollars into the company, 284 00:14:37.919 --> 00:14:43.080 but then they're also increasing the turnaround times and the 285 00:14:43.159 --> 00:14:45.720 threshold for how many cards you have to grade for 286 00:14:45.759 --> 00:14:46.679 the bulks emissions. 287 00:14:47.759 --> 00:14:49.120 I was a little bit. 288 00:14:49.799 --> 00:14:51.480 It just seems like it was kind of just like 289 00:14:51.519 --> 00:14:53.200 a Friday news dump where they just have a bunch 290 00:14:53.240 --> 00:14:55.240 of things they're putting all putting it all in together. 291 00:14:55.279 --> 00:14:58.879 I think it didn't I don't know the the you know, 292 00:14:59.039 --> 00:15:00.679 I'll let you guys give your opinions for us. We'll 293 00:15:00.679 --> 00:15:03.480 start with you Victor, you know, on any of those topics. 294 00:15:03.480 --> 00:15:04.480 I mean, really anything here. 295 00:15:04.519 --> 00:15:06.679 What were were you? What were your kind of thoughts? 296 00:15:07.080 --> 00:15:10.240 Yeah, I was being a little sassy, a little bit 297 00:15:10.279 --> 00:15:14.679 sarcastic when I read this headline. Yea, I basically said, 298 00:15:15.559 --> 00:15:18.759 thanks PSA for giving us your April twenty twenty six 299 00:15:18.919 --> 00:15:22.279 profit margins. Right right, one hundred million is a drop 300 00:15:22.279 --> 00:15:24.840 in the bucket for PSA in my opinion. I could 301 00:15:24.840 --> 00:15:28.120 be wrong on that, but I was just being sassy. 302 00:15:28.200 --> 00:15:35.240 But I do like the the concept of growing the infrastructure. 303 00:15:35.240 --> 00:15:38.360 They are pushed to that limit to where they realize 304 00:15:38.960 --> 00:15:42.120 they have to do something, and expanding the business with 305 00:15:42.159 --> 00:15:46.200 bigger facilities and more people that I think is the 306 00:15:46.320 --> 00:15:51.320 right move. However, on the on the on the other 307 00:15:51.360 --> 00:15:55.240 side of things, I think it's really is the straw 308 00:15:55.279 --> 00:15:58.399 that has broken the camel's back. I am reading a 309 00:15:58.440 --> 00:16:03.320 lot of commons and post on social media about this, 310 00:16:04.000 --> 00:16:08.200 and ninety eight percent of the comments in the backlash 311 00:16:08.600 --> 00:16:11.639 is absolutely negative. There is a lot of collectors out 312 00:16:11.679 --> 00:16:16.559 there that this move here is just they are just done. 313 00:16:16.639 --> 00:16:20.840 And they're not done because they're expanding. They're done because 314 00:16:20.960 --> 00:16:25.159 now they have extended lead times and that affects the 315 00:16:25.159 --> 00:16:30.639 collectors now right now we are once again they raise prices, 316 00:16:30.639 --> 00:16:33.720 but they only raised prices on the high highest tier, 317 00:16:34.840 --> 00:16:38.440 which is I believe the seven day turnaround. Now it's 318 00:16:38.519 --> 00:16:41.639 it's more money to go that route, and that's the 319 00:16:41.679 --> 00:16:45.039 only tier that they elevated the prices. The rest of 320 00:16:45.120 --> 00:16:49.639 everything has been extended lead times with the range now 321 00:16:49.720 --> 00:16:54.080 for value bulk, which is the lane that a lot 322 00:16:54.080 --> 00:16:58.080 of US collectors and flippers live in, it is now 323 00:16:58.600 --> 00:17:01.919 one hundred und than twenty to one hundred and sixty days. 324 00:17:02.000 --> 00:17:05.759 You guys, correct me if I'm wrong. Somewhere in there 325 00:17:06.839 --> 00:17:10.000 now we're and that's working days. It's not now if 326 00:17:10.000 --> 00:17:13.440 you when you add holidays and weekends, now you're you're 327 00:17:13.480 --> 00:17:17.680 looking at six, seven, possibly eight months before you see 328 00:17:17.799 --> 00:17:23.960 your your your submission. And that's where there is an uproar. 329 00:17:24.880 --> 00:17:26.599 And I think they're they're going to have a lot 330 00:17:26.599 --> 00:17:32.559 of work to do as far as gaining the consumer 331 00:17:32.640 --> 00:17:35.200 trust back. And from what I'm hearing, and I'm no 332 00:17:35.319 --> 00:17:38.319 expert in this field, but from what I'm hearing, this 333 00:17:38.559 --> 00:17:42.079 expansion that they're doing is typically about eighteen months long 334 00:17:42.160 --> 00:17:46.400 before everything, and that's with no hiccups. So let's just 335 00:17:46.680 --> 00:17:49.799 you know, eighteen months to two years before this, this 336 00:17:50.240 --> 00:17:54.440 game plan actually starts bearing fruit for the hobby, and 337 00:17:54.559 --> 00:17:57.759 so I don't know if collectors are going to be 338 00:17:57.799 --> 00:18:01.000 patient enough to stick this out. Well, I guess we'll see. 339 00:18:02.279 --> 00:18:05.000 Yeah, I'll have to agree with everything he just said. Victoria. 340 00:18:05.000 --> 00:18:09.720 You know, it's really off about PSA, not about the 341 00:18:09.759 --> 00:18:11.720 consumer at this point with them. 342 00:18:11.960 --> 00:18:13.119 You know, they're just. 343 00:18:13.160 --> 00:18:16.119 Trying to get caught up. And you know, supposedly they're 344 00:18:16.160 --> 00:18:19.880 going to hire a thousand more people within the next year, 345 00:18:20.039 --> 00:18:20.599 is what I hear. 346 00:18:21.839 --> 00:18:22.319 Right now. 347 00:18:22.359 --> 00:18:24.960 They have I think they said three hundred and fifty openings. 348 00:18:25.839 --> 00:18:28.279 Now most of those openings, you know, are going to 349 00:18:28.359 --> 00:18:32.720 be you know, greaters and kind of front end people 350 00:18:32.759 --> 00:18:36.039 helping to move that bulk and move that stuff through 351 00:18:36.079 --> 00:18:39.880 the system. But you know, the number one problem in 352 00:18:39.880 --> 00:18:43.680 my opinion is customer service, and I just don't see 353 00:18:43.680 --> 00:18:46.960 them talking about how they're going to improve their customer service. 354 00:18:47.599 --> 00:18:49.839 You know, all they're talking about is opening new offices, 355 00:18:49.880 --> 00:18:52.799 which they have. You know, they're opening up you know 356 00:18:53.039 --> 00:18:56.440 in Dallas and I guess New Jersey and I'm in Japan, 357 00:18:56.720 --> 00:18:59.960 and expanding the office here in Boca that they took 358 00:19:00.119 --> 00:19:05.400 over from SGC. But you know, I just still see 359 00:19:05.400 --> 00:19:09.240 them focus more on you know, this is what we're doing, 360 00:19:09.559 --> 00:19:13.519 and they're doing it for themselves, you know. I mean 361 00:19:13.880 --> 00:19:19.519 they're getting what almost two million cards every month. Now, 362 00:19:20.480 --> 00:19:24.039 I don't think that the Boston card hunter, you know, 363 00:19:24.119 --> 00:19:27.079 no no grading in May, is going to do anything. 364 00:19:27.119 --> 00:19:30.240 I don't even think that that they're even going to 365 00:19:30.319 --> 00:19:32.880 recognize it. I don't think they're going to feel anything 366 00:19:32.960 --> 00:19:37.079 about that. It's just you know, you know, technically he's 367 00:19:37.119 --> 00:19:40.960 just a small YouTuber, not really that small in our industry. 368 00:19:41.000 --> 00:19:44.480 But for them, you know, it's a drop in the bucket, 369 00:19:45.039 --> 00:19:48.000 and you know, they're really into it for themselves. I 370 00:19:48.000 --> 00:19:51.599 mean upping the you know, like you said earlier, the 371 00:19:51.680 --> 00:19:56.079 regular collector that's going to use the value bulk you 372 00:19:56.079 --> 00:19:58.960 know that's gone up to fifty cards. I mean that's 373 00:19:59.279 --> 00:20:03.000 pretty heavy right now, someone like me or you to 374 00:20:03.079 --> 00:20:06.559 submit fifty cards. I mean it's almost like we have 375 00:20:06.720 --> 00:20:11.400 to become a sub you know what they call it, 376 00:20:12.640 --> 00:20:15.359 a submitter. We'll get all our friends together, Yeah, a 377 00:20:15.440 --> 00:20:16.599 round of fifty cards. 378 00:20:16.640 --> 00:20:21.079 There a bulk submitters. It's ridiculous. 379 00:20:21.119 --> 00:20:24.200 I mean, I know, I could never find fifty cards 380 00:20:24.200 --> 00:20:25.839 to sell them. I mean, I'd love to send them 381 00:20:25.839 --> 00:20:27.839 some cards and I got probably a round up twenty five, 382 00:20:28.640 --> 00:20:31.720 but fifty has gotten ridiculous at this point, and you know, 383 00:20:31.759 --> 00:20:34.640 and they did raise the prices, you know, so they're 384 00:20:34.680 --> 00:20:38.599 they're playing their game where you know, now you're going 385 00:20:38.680 --> 00:20:41.240 to get the cards back in whatever six to eight months. 386 00:20:42.119 --> 00:20:44.279 So if you want them quicker, you got to pay 387 00:20:44.359 --> 00:20:47.839 up more than you had to pay up before. So 388 00:20:47.839 --> 00:20:51.400 it's like a never ending story of them, you know, 389 00:20:51.640 --> 00:20:57.039 causing problems for themselves, falling behind in their issues and 390 00:20:57.119 --> 00:21:02.559 then making the customer pay for they're falling behind for 391 00:21:02.640 --> 00:21:06.000 their their issues and things like that. You know, and. 392 00:21:07.480 --> 00:21:08.839 You still have all these mistakes. 393 00:21:08.880 --> 00:21:11.079 I mean everywhere that you see, you hear all these 394 00:21:11.519 --> 00:21:14.319 things they're admitting now to all the fake cards that 395 00:21:14.359 --> 00:21:17.680 are coming through, and and you know, of course they 396 00:21:17.680 --> 00:21:19.480 tell you what they're catching, but now what they're not 397 00:21:19.599 --> 00:21:23.680 catching and things you see on the internet, like people 398 00:21:23.720 --> 00:21:25.880 get their cards back and then they get a whole 399 00:21:25.880 --> 00:21:29.279 bunch of other flips from other customers and stuff that 400 00:21:29.319 --> 00:21:33.160 they got with their with their mailing. And so they've 401 00:21:33.160 --> 00:21:35.000