Super Bowl ticket prices continue to soar. With the game now just a day away, prices have exceeded the $10,500 average and get-in price is j...
Super Bowl ticket prices continue to soar. With the game now just a day away, prices have exceeded the $10,500 average and get-in price is just over $9,000 but, as TiqIQ's CEO reports, the ticket market’s "Black Swan" moment will leave some fans showing up to Arizona having paid for tickets they’ll never receive... as derivative-based speculators were selling tickets they never had to begin with, and the short squeeze is unprecedented.
"The market is being manipulated to the extreme by those who have paid teams and the league for access." When this happened in the 2011 BCS National Championship game, many brokers went out of business filling their short orders, and some others even walked away from their orders, leaving fans to fend for themselves and it appears tomorrow will be the same for Super Bowl attendees (and speculators).
Read More - http://www.zerohedge.com/news/2015-01-31/black-swan-super-bowls-ticket-prices-are-being-manipulated-extreme
"The market is being manipulated to the extreme by those who have paid teams and the league for access." When this happened in the 2011 BCS National Championship game, many brokers went out of business filling their short orders, and some others even walked away from their orders, leaving fans to fend for themselves and it appears tomorrow will be the same for Super Bowl attendees (and speculators).
Read More - http://www.zerohedge.com/news/2015-01-31/black-swan-super-bowls-ticket-prices-are-being-manipulated-extreme
