All you would have to do is buy at these later, lower-price auctions.
The difference between the price you got and the price you paid is your profit.
Of course, there is some risk. Perhaps prices go up—although that seems unlikely. It’s more possible, I’d say, that no items come on the market, although I don’t really see that happening either. There’s a theoretical possibility that prices will rise—but again, that seems remote.
Naked shorting probably violates eBay’s policies. Possibly even the law. But it certainly presents an intriguing opportunity for profit.
John on Twitter. (Market and financial news, adventures in New York City, plus whatever is on his mind.) You can email him at firstname.lastname@example.org.
We also have two NetNet Twitter feeds. Follow
CNBCnetnet for the best of the days posts, including breaking news. Follow
NetNetDigest for a feed of every single post each day.
You can also be our friend on Facebook. Or subscribe to John's Facebook page.
We're on Google Plus too! Click here and add NetNet to your circles. And here is John's Google+ page.
Questions? Comments? Tips? Email us atNetNet@cnbc.comor send a text message to: 9170740-8477.
Call us at 201-735-4638.