Honestly I cant wait to see the bottom drop the rest of the way out of the bp market. Prices keep going down and people will eventually realize that bps are not a good get rich quick scheme. Its doing the same thing the corn market did a few years back, once it tanks it will right itself.
I started typing this and came back to realize this was just a rambling almost incoherent story but I liked it anyway...read at your own risk
*spelling and punctuation nightmare ahead*
We are a self feeding circle, it really is quite amazing to step back and look at.
-Person A is going to buy one snake x for $1000 so he can breed it and sell two of them to Mr. Soandso for $650 each (gonna make $300, nice gonna use that money to get a rack to get more snakes to sell).
-MrSoandso is buying two from person A for $500 (he talked you down it was a group deal, you broke even but next year it will be all profit) to breed them and sell 4 of them to Ms. Ssoandso for $200 each.
-Ms. Soandso is buying those four from Mr. Soandso for $400 (hey the market it tight, Person A was selling his snakes cheap this year to try and make some money, prices have dropped, atleast Mr Soandso came close to getting his money back. Next year he will make a profit though. Just gotta reinvest that $400 into a new snake) She is going to breed them to sell for $50 each, there is no buyer lined up yet but at that price they are sure to sell.
-Now PersonA Mr. Soandso, and Ms. Soandso realize that this morph is not gonna make enough money to justify breeding (after all feed, heating, time mean snakes cost money...the initial purchase is not all you have to pay) They all decide to sell their snakes, in walks new guy Y He is gonna be rich...gonna be the next big name in snake breeding. He buys all the snakes he can get, he ends up with 20 of snake morph x...yeah gonna have all kinds of babies next year...gonna be rich. He ends up with 120 babies the next year that no one wants. What happens to those babies?
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