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Is there a way to short the ticket market?
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Is there a way to short the ticket market?


Jan 5, 2017, 2:58 PM

Outside of the pre-ordering deals that are offered?

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"When I die, I want to go peacefully like my Grandfather did, in his sleep -- not screaming, like the passengers in his car."

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Re: Is there a way to short the ticket market?


Jan 5, 2017, 3:00 PM

Like as in you borrow 17,500 tickets and wait for the market to go a lot higher...then you make your cut on the short and pay everyone for their tickets?

No.

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Nevermind..found an answer.


Jan 5, 2017, 3:00 PM

Basically this is saying that the market prices might be falsely inflated by short sellers who are advertising tickets that are not really in hand.

http://www.businessinsider.com/how-short-sellers-made-the-bcs-championship-game-the-hottest-sports-ticket-ever-2011-1

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"When I die, I want to go peacefully like my Grandfather did, in his sleep -- not screaming, like the passengers in his car."

"I don't suffer from insanity. I enjoy every minute of it."


Re: Nevermind..found an answer.


Jan 5, 2017, 3:06 PM

I don't think that's the case for StubHub. Maybe other sites. StubHub requires seat numbers. There may be other sites selling short but I don't think that's many tickets because there aren't many listed on other sites.

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Re: Nevermind..found an answer.


Jan 5, 2017, 3:53 PM

That's not true. For the Superbowl last year there was a well advertised short-squeeze- guys who sold tickets expecting prices to go down were suddenly caught trying to fill those requests causing a large price bubble.

If I remember correctly I believe Stubhub took some measures to reduce the possibility of it happening again but I believe they still allow a number of approved brokers to sell on the site.

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TL;DR


Jan 5, 2017, 4:21 PM [ in reply to Re: Nevermind..found an answer. ]

You should've read the article. It was all about StubHub (specifically) over-selling tickets and subsequently losing $3M. So, yeah, StubHub is currently over-inflating the ticket prices by offering tickets at inflated prices that they don't actually have.

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Re: Is there a way to short the ticket market?


Jan 5, 2017, 3:02 PM

There is a way but unless you got about a million dollars then there is no way.

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