Hey guys, just wanted to start a discussion or hear others thoughts on the current "manipulation" saga that has been hitting Instagram. With major instagram players claiming Watchbox (primary culprit) is manipulating the market for FPJ watches. Basically buying up stock of iconic FPJ watches, and then cornering the market. ACM to an extent also in on it but less so I presume. If anyone was looking for an FPJ recently you probably felt that there were very few watches on the market. It is not a coincidence and the prices for many of the watches like the resonance has shot up or dissapeared, presumeably awaiting the release of the newer models.
What do you guys think in general? Is this manipulation? Or are the prices just a reflection of the true value?
https://www.instagram.com/nycwatchguy/ Claiming that WB/ACM etc are evil.
https://www.instagram.com/wei_koh_revolution/ - Supporting NYCWATCHGUYs assertion that WB is evil.