90s PMG Pumped To Ad Nauseam On Social Media

[Starman101]

Originally Posted by AbraCalabro

I don't recall saying Nat was selling his PMG reds/greens, or had plans to.

PMG reds / greens were available on eBay for double, or triple digits, they didn't take off until those two guys I mentioned went after them. Then, a group of people (Jun, Gonblott, RedskinsWizard, DaveDuffield, m1000, et al.) began pumping them on the spending power of those two guys. The basis was these cards are all undervalued, because LOOK at these guys spending all this money! Two people on the planet were driving the prices up between themselves in bids to win, so they were magically undervalued the whole time.

Once the pump works it becomes a runaway train and runs itself. When the stuff becomes so lofty in price and perception, the pump is even easier as long as you're set up to execute it. Why? You now have legitimate sales you can reference. Go back to my mention of Jun/Rare23Air83 hitting the jack pot by selling a 97/98 refractor to Nat, it was hot air up to that point, but Nat's purchase was the legitimizing factor he needed to gain credibility.

I can sell my own PMG cards on any auction house and win them back at a crazy price through shilling. Yes, you can easily circumvent any system auction houses have and still shill your cards to change perception of value and increase it, so long as you have the funds and you're willing to spend. In a situation like this, (with legitimate sales to reference) everything is all set up for me to dump the item(s) when I reach a dollar amount I am satisfied with.

When the huge money comes in to play, the hobby becomes a very small place for people who don't have that money, or who are unwilling to spend that money. I'm amazed by the amount of times the word hobby is conflated with the word market in the modern era. You will find a mass exodus on the day that sports cards are no longer profitable. Even the big money who also happen to be genuine hobbyists know this very well.

Abra telling the truth yet again!

I should put a Gold Star on this post. This is exactly how the scum lives in this hobby

This is exactly why they like "serial numbered rare cards". So they can corner and easily manipulate as Abra illustrates

Abra kickin' ass and taking names

Excellent post

[mc1]

Originally Posted by bigjbasketball

If PMG “pumps” have been going on since 2010 (or possibly earlier), is that really a pump? Typically pump and dumps start with a card that’s worth nothing (undervalued! claims the influencer), it is then dumped after the influencer is done pumping it, and then they move on to the next thing. I don’t see that happening with PMGs, so I don’t know how it can be considered a pump. I mean, I don’t see Nat Turner selling his PMG Greens (or Reds either for that matter) anytime soon.

Exactly. BO logic at its finest.

Almost as good as “shill bidding” a 2m card with 2 weeks left and with a bid that had 0% chance of winning.

These guys arent fooling anyone with their attempts at reasoning.

[mindcycle]

Originally Posted by bigjbasketball

If PMG “pumps” have been going on since 2010 (or possibly earlier), is that really a pump? Typically pump and dumps start with a card that’s worth nothing (undervalued! claims the influencer), it is then dumped after the influencer is done pumping it, and then they move on to the next thing. I don’t see that happening with PMGs, so I don’t know how it can be considered a pump. I mean, I don’t see Nat Turner selling his PMG Greens (or Reds either for that matter) anytime soon.

I’ll just post this again since it got buried at the bottom of page 3.

You can usually figure out someones actual intentions by what they are saying about their cards. There's a big difference between someone posting a PMG for their PC that they're genuinely excited about, as opposed to posting a PMG with a post description containing "most iconic set", "great investment", ”undervalued”, "to the moon", etc.. etc..

And I’ll also add that pump and dumps aren’t one and done affairs. They can last for months, years even. Or be continually brought back like the Jordan RC pumps that happen every few years it seems.

[mc1]

Cant wait to drop 2k on a 1997-98 PMG red of Vinny Del Negro so that I can be cool like all the IG influencers. Maybe Ill start an IG and post it so that they can all follow me and give me likes. Im sure that will make it all worthwhile!

[AbraCalabro]

Originally Posted by Starman101

Abra telling the truth yet again!

I should put a Gold Star on this post. This is exactly how the scum lives in this hobby

This is exactly why they like "serial numbered rare cards". So they can corner and easily manipulate as Abra illustrates

Abra kickin' ass and taking names

Excellent post

Originally Posted by mc1

Exactly. BO logic at its finest.

These guys arent fooling anyone with their attempts at reasoning.

Dispelled this before you even posted it. Reading comprehension or confirmation bias? You have no clue what you're talking about.

Originally Posted by mindcycle

I’ll just post this again since it got buried at the bottom of page 3.

You can usually figure out someones actual intentions by what they are saying about their cards. There's a big difference between someone posting a PMG for their PC that they're genuinely excited about, as opposed to posting a PMG with a post description containing "most iconic set", "great investment", ”undervalued”, "to the moon", etc.. etc..

And I’ll also add that pump and dumps aren’t one and done affairs. They can last for months, years even. Or be continually brought back like the Jordan RC pumps that happen every few years it seems.

Careful, you'll upset mc1.

[98pmgs]

https://www.blowoutforums.com/showthread.php?t=972012

lmaooooooooooooooo. the OG pumper. pumpin since 15'.

https://www.blowoutforums.com/showthread.php?t=946883

then asks if certain cards are good investments while blasting people who invest today. lmao.

[Starman101]

Originally Posted by 98pmgs

https://www.blowoutforums.com/showthread.php?t=972012

lmaooooooooooooooo. the OG pumper. pumpin since 15'.

https://www.blowoutforums.com/showthread.php?t=946883

then asks if certain cards are good investments while blasting investers today at the same time lmao.

Sure 12k vs 500k is a very close comparison here

And I am not a YouTube content creator either so I don't know what you're saying here???

Have you addressed anything in this thread about PMGs world class pumping / manipulation which is what this thread is about??

Of course not

Because you cant

Instead you keep trying to deflect nonsense because maybe you and your Buyers club have been exposed?

Just a thought....

[Nomad]

wrong thread

[fabiani12333]

Originally Posted by bigjbasketball

If PMG “pumps” have been going on since 2010 (or possibly earlier), is that really a pump? Typically pump and dumps start with a card that’s worth nothing (undervalued! claims the influencer), it is then dumped after the influencer is done pumping it, and then they move on to the next thing. I don’t see that happening with PMGs, so I don’t know how it can be considered a pump. I mean, I don’t see Nat Turner selling his PMG Greens (or Reds either for that matter) anytime soon.

What's been going on with vintage basketball PMGs is not a pump and dump -- it is more like a continual pump and flip. The cycles of pumping and flipping keep the cards relatively popular.

The original PMGs had instant premium value due to scarcity, original and distinctive design, iconic players depicted etc. So it has been relatively easier to sustain and increase their prices.

In a traditional pump and dump, the value is artificially generated through deception and manipulation. A market is created from scratch through hype and promotion. There are no fundamentals supporting the market -- only hot air. Once the dump occurs, the market begins to decline.

[KhalDrogo]

Originally Posted by Starman101

Sure 12k vs 500k is a very close comparison here

What’s the minimal value necessary for a pump?

[90skid]

Originally Posted by fabiani12333

In a traditional pump and dump, the value is artificially generated through deception and manipulation. A market is created from scratch through hype and promotion. There are no fundamentals supporting the market -- only hot air. Once the dump occurs, the market begins to decline.

Yes. A good example? The Ja Morant Chronicles Rookie (Young Dolph in background).

[pcptrade]

Originally Posted by KhalDrogo

What’s the minimal value necessary for a pump?

I read somewhere in BO rules that it has to be a six figure card

As I mentioned earlier, one can replace 90 PMG's in the thread title with any other rare 90's insert or modern panini parallel and it will be true to a certain extent. As far as I know, 97UD GU Jersey Auto (100K to million plus), 86F PSA 10's (20K to 250K), Jambalaya's (10K to 100K) have also been pumped to ad nauseum on social media during the same time period. They have all gone up similar or higher percentage wise but OP does not care about them or it has not caught his attention because those cards are in his top 5 MJ cards whereas the 90's PMG's are not based on his old thread. That is my inference.

EDIT: The only card in OP's top 5 MJ cards that did not go up much in the past 3 years is the Star 101. I wonder if the OP would have created a similar thread on Star 101 if they also went up 10X and were pumped ad nauseum.

Originally Posted by Starman101

If you could have any 7 MJ cards, which ones would they be?

For me I'd say....

1) 97-98 UD Jersey / Auto card
2) Star 101 BGS 9
3) 86-87 Fleer RC in BGS 9.5 with 10 centering and corners, no lower than 9.5 for the other 2 subgrades
4) 97-98 Season Ticket Auto
5) 97-98 Jambalaya
6) 97-98 Skybox Rubies
7) 98-99 Skybox Rubies

This should be fun

[Orangejello727]

Originally Posted by mc1

Some of these self-proclaimed hobby veterans and watchmen are nuts. Delusional and paranoid.

Ill never forget the day our good pal OJ called ME a pumper and hypeman when I was discussing and linking suspicious 1987 Fleer PSA 10 Jordans from ebay. I was trying to provide proof of the shadiness with those cards and I was the one singled out as being part of the scheme. Oh, hes also accused me of being some poster from HK. Him and some other paranoid posters like Randy. The dope that got his feelings hurt when I called him out for being a liar.

Other delusional posters like Khal have recently called me a pumper. Just because I had a couple of non-negative posts in the Prizm FB thread. Honestly the word is starting to lose all meaning. Much like Troll.

I dont remember saying that about you. Maybe if you have some post reference I can take a look at it.

I may have said and acted immature 12 years ago. I think ive grown and matured since then so I apologize. I think you are more of a contrainian now than anything else. You seem to always choose the opposite side in an argument for the sake of doing it.

By the way are you or were you ever on HK as a different handle?

[98pmgs]

Originally Posted by pcptrade

I read somewhere in BO rules that it has to be a six figure card

As I mentioned earlier, one can replace 90 PMG's in the thread title with any other rare 90's insert or modern panini parallel and it will be true to a certain extent. As far as I know, 97UD GU Jersey Auto (100K to million plus), 86F PSA 10's (20K to 250K), Jambalaya's (10K to 100K) have also been pumped to ad nauseum on social media during the same time period. They have all gone up similar or higher percentage wise but OP does not care about them or it has not caught his attention because those cards are in his top 5 MJ cards whereas the 90's PMG's are not based on his old thread. That is my inference.

EDIT: The only card in OP's top 5 MJ cards that did not go up much in the past 3 years is the Star 101. I wonder if the OP would have created a similar thread on Star 101 if they also went up 10X and were pumped ad nauseum.

Lmaooooooooooooooooooooo. Homie been pumping before IG and cards were a thing man.

[mc1]

Originally Posted by Orangejello727

I dont remember saying that about you. Maybe if you have some post reference I can take a look at it.

I may have said and acted immature 12 years ago. I think ive grown and matured since then so I apologize. I think you are more of a contrainian now than anything else. You seem to always choose the opposite side in an argument for the sake of doing it.

By the way are you or were you ever on HK as a different handle?

This was 6-7 years ago guy. You havent changed. Neither have I. Ive always been this way.

Originally Posted by AbraCalabro

Dispelled this before you even posted it. Reading comprehension or confirmation bias? You have no clue what you're talking about.

Like Ive told you before champ, mind your own business. Why are you worried about what other people spend their money on? Why are you worried about some set like PMGs that you despise? You really think most of us are out here saving our pennies to spend on hyped up sets? You really think most of us have the money to drop $2500 on COMMON from that set? Much less 25k on a Barkley, 50k on mcGrady Green or 40k on a Duncan red. Whos really buying those cards? Collectors or investors? If they are investors, why do you care? Let them burn if/when they drop in price. Like the Duncan has done recently.

Stop trying to “save” the collecting world.

[Starman101]

Originally Posted by KhalDrogo

What’s the minimal value necessary for a pump?

PMG is world class pumping at 500k vs insignificant 12k

Again deflecting with no explanation or reasoning addressing this thread

I agree with the prior poster it is more of a pump and flip to buddy 1, pump and flip to buddy 2.....rinse and repeat...

These guys all work together to pump to 500k

And CL then "vets" the sale

Lololol

What a joke

[mc1]

Great read of old thread with some of the guys posting in this thread… OJ calling posters pumpers and starboy hyping his star cards!

https://www.blowoutforums.com/showth...1020014&page=3

Originally Posted by Starman101

I see the same posters are still hating on the Star 101 calling everything price manipulation

[pcptrade]

Cognitive dissonance is a helluva drug!

[Orangejello727]

Originally Posted by mc1

Great read of old thread with some of the guys posting in this thread… OJ calling posters pumpers and starboy hyping his star cards!

https://www.blowoutforums.com/showth...1020014&page=3

From that thread...

https://www.blowoutforums.com/showpo...2&postcount=73


Only a genius like myself saw this coming in 2016. To that point, you still have never contributed anything valuable to this forum or its peers. A useless narcassist that argues everyone including a pet rock!

[mc1]

Originally Posted by Orangejello727

To that point, you still have never contributed anything valuable to this forum or its peers. A useless narcassist that argues everyone including a pet rock!

Perfect description of yourself! Couldnt have done any better myself.

Originally Posted by AbraCalabro

I can sell my own PMG cards on any auction house and win them back at a crazy price through shilling. Yes, you can easily circumvent any system auction houses have and still shill your cards to change perception of value and increase it, so long as you have the funds and you're willing to spend. In a situation like this, (with legitimate sales to reference) everything is all set up for me to dump the item(s) when I reach a dollar amount I am satisfied with.

Any proof to back these claims? Anything besides wild speculation and lies?

[HeyRelaxGuy]

I think I spoke to the OP over the phone years ago about Star basketball cards. He was very friendly and I hope he's doing well.

Have you guys ever wondered how basketball cards became number one in the hobby so quickly? Well, it was mostly due to pumping! When you have powerful social media figures like Gary Vee telling his millions of followers to buy basketball cards, then what do you call that? So, let's forget about just focusing on PMGs here, because I say the whole entire hobby is manipulated!

Just my two cents ...

[oldgoldy97]

Originally Posted by HeyRelaxGuy

I think I spoke to the OP over the phone years ago about Star basketball cards. He was very friendly and I hope he's doing well.

Have you guys ever wondered how basketball cards became number one in the hobby so quickly? Well, it was mostly due to pumping! When you have powerful social media figures like Gary Vee telling his millions of followers to buy basketball cards, then what do you call that? So, let's forget about just focusing on PMGs here, because I say the whole entire hobby is manipulated!

Just my two cents ...

Deflect.

[Starman101]

Originally Posted by pcptrade

I read somewhere in BO rules that it has to be a six figure card

As I mentioned earlier, one can replace 90 PMG's in the thread title with any other rare 90's insert or modern panini parallel and it will be true to a certain extent. As far as I know, 97UD GU Jersey Auto (100K to million plus), 86F PSA 10's (20K to 250K), Jambalaya's (10K to 100K) have also been pumped to ad nauseum on social media during the same time period. They have all gone up similar or higher percentage wise but OP does not care about them or it has not caught his attention because those cards are in his top 5 MJ cards whereas the 90's PMG's are not based on his old thread. That is my inference.

EDIT: The only card in OP's top 5 MJ cards that did not go up much in the past 3 years is the Star 101. I wonder if the OP would have created a similar thread on Star 101 if they also went up 10X and were pumped ad nauseum.

Many Jordan cards have increased over the past 5-10 years. Thanks Captain Obvious...

But you and MC just continue to defend the world class manipulation on PMGs because you both have money tied into these cards and as investors this is your calling in life

Yeah you can see from my top 10 never really been a PMG fanboy...

I ran a sportscard shop in the late 90s and PMGs were pumped into oblivion after the bandwagons like yourselves

Abra is correct in that only 90s nerds knew what PMGs were a decade ago....and most of those guys are true collectors

You basically admitted you are in sportscards for the money so who's pushing money as the main objective here???

You ever heard of Patrick Mahomes pumping?

Dude you're a bs artist whos just cares about money and will be outta the sportscard game once it's no longer profitable

And that day for me couldn't come any sooner investorboi

[49erRCCollector]

Originally Posted by AbraCalabro

lmaoooooo

"so and so is a great guy!"

"pleasure doing business with so and so, a true hobby legend"

"helping other collectors"

This made me laugh. Painfully accurate.

[HeyRelaxGuy]

Originally Posted by oldgoldy97

Deflect.

You'd make a good lawyer!