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Strong buy opportunity?

u/Lowkey-Cool-1567 · Reddit — r/wallstreetbets · May 18, 2026 at 04:30 · ⬆ 68 pts · 💬 29 comments  | View on Reddit ↗
AI Summary

Summary

  • The post discusses the rapid price decline in the resale market for "Royal Pop" sneakers after initial hype drove prices to $4K.
  • Author's thesis: The frenzy was unsustainable because retail price (~$400), production isn't ultra limited, and increasing supply is forcing resellers to sell at lower prices (~$1,200).
  • Quality assessment: Noise – not a financial analysis; pure sneaker resale commentary with no relation to tradeable securities or macro trends.
Score 68
Comments 29
Upvote % 82%
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