Quote:
Originally Posted by Unregistered
Cutting prices doesn't mean COE price will drop. It just means they want to sell more to meet quota. Also since there are more COEs they can afford to reduce their big fat margin since their profit will still be the same or more. Don't be a stupid fool. |
I dont believe 100,000 will be willing to pay $70,000++ for a piece of paper... If they could afford they would have entered market at todays price point... So the trend will only be down.