http://www.palmbeachpost.com/news/free-time-shares-owners-cut-losses-by-dumping-1379853.html
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For Ginger Brownlow, a sales executive at King’s Creek Plantation, a luxury time share in Williamsburg, Va., the challenge is competing with her own product when it’s selling for half price on sites such as Tremblay’s. Though her price includes the cost of marketing the resort and driving consumer demand, resellers are capturing some of that demand with much-lower prices.
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This reminded me of an old Wall Street joke about penny stocks. Those are stocks that sell for under $1/share. Dogs.
Broker: “You should buy acme it’s at a nickel and will go to $100.”
Rube: “Buy 10,000”
Broker: “You should buy acme it’s at a 7½¢ and will go to $100.”
Rube: “Buy 10,000”
Broker: “You should buy acme it’s at a dime and will go to $100.”
Rube: “Buy 10,000”
Broker: “You should buy acme it’s at a 12½¢ and will go to $100.”
Rube: “Sell my whole position; I want to take profits.”
Broker: “To who?”
Same as time-shares.
:-(
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Reinke Faces Life 