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Can I Short Charlie Sheen?

Friday, 25 Mar 2011 | 10:54 AM ET
Charlie Sheen
Charlie Sheen

We’ve been told repeatedly that Charlie Sheen’s “My Violent Torpedo of Truth” tour sold out in a record 18 minutes on Ticketmaster .

Oh, really?

I went on Ticketmaster last night and found I could easily get tickets to opening night at the Fox Theater in Detroit. I found two side-by-side seats on the main floor. When I clicked on the special “Meet and Greet Package”, four seats in the front row were available. On TICKETMASTER.

In case you're worrying that the entire nation has gone nutty and bought tickets to see what will pass for a performance from what many consider a very troubled man, turns out a lot of tickets were not bought by fans. They were bought by secondary sellers.

A lot.

The theater in Detroit only holds 5,049 people, but when I checked Stubhub last night, just this one site alone had 1,449 tickets available for the show! Even more surprising (maybe), many tickets are selling for LESS THAN FACE VALUE.

I found main floor tickets that cost around $52 on Ticketmaster (plus fees) for $35 on Stubhub. They're going for $33 on NoFeesTickets.com. And on Bargainseatsonline.com, they’re even cheaper…$27.

Talk about a violent torpedo of truth. These sellers are bleeding Tiger Blood on their investment. If Charlie Sheen was a futures market, it might be time to short.

Losing!

Questions? Comments? Funny Stories? Email funnybusiness@cnbc.com

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  • Based in Los Angeles, Jane Wells is a CNBC business news reporter and also writes the Funny Business blog for CNBC.com.

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