tag:blogger.com,1999:blog-1567042805993048802.post3145557573310034599..comments2023-11-08T06:40:36.804+00:00Comments on investdrinks (blog): Cold calls offering 2009 Lafite@£3995Jim's Loirehttp://www.blogger.com/profile/06696024920441263899noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-1567042805993048802.post-43447866973529372462010-04-22T10:41:39.948+01:002010-04-22T10:41:39.948+01:00The companies selling are fully aware of what they...The companies selling are fully aware of what they are doing, and the fact is that historicakl recorsd show that they are hiding their overcharging through this type of selling, they have anticipated that at some time the wine will reach that price hence probably 100% mark upAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1567042805993048802.post-91163473306528134492010-04-13T23:24:59.349+01:002010-04-13T23:24:59.349+01:00I agree. My particular worry is that some firms ar...I agree. My particular worry is that some firms are trying to sell 2009 First Growths to people who wouldn't normally buy en primeur and who are probably not made aware how potential speculative a purchase this is.Jim's Loirehttps://www.blogger.com/profile/06696024920441263899noreply@blogger.comtag:blogger.com,1999:blog-1567042805993048802.post-6963648640538241362010-04-13T18:13:52.774+01:002010-04-13T18:13:52.774+01:00It could be that the companies offering the wines ...It could be that the companies offering the wines are attempting to sell short, hoping to buy better and make a profit that way. It throws into serious question that the sale of En-Primeur is a futures contract and should therefore be regulated by the FSA. There is no doubt that the city is influencing the way a perfectly respectable and enjoyable business has run for several hundred years. This kind of exploitation of the FSA's lack of interest will cost unsophisticated investors a lot of money, how many more companies committing fraud do they need to see before they act.Anonymousnoreply@blogger.com