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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Bonefish who wrote (155666)3/31/2020 9:19:58 PM
From: Dr. Voodoo3 Recommendations

Recommended By
Bonefish
marcher
Secret_Agent_Man

  Respond to of 218072
 
Report back on MMM front.

Have located an enterprising outfit,,, based in china, with photos of pallets of MMM N95 Surgical Masks, offering for sale.... initially at ... the low low price for 30K pcs. of $12....something. per pc. From Grainger,,, advertise MSRP = $1.35

Mentioned that might need as many as 60,000.... answer "no problem,,,4 days"....

Have now reduced ask to $7.5 and complaining that govt seems to be cracking down on the enterprising traders.

Background story from old friend who is married to chinese, started injection molding plastics business 20 years ago,,, has expanded 50X from starting point.... living near Suzhou:

Him: "Do you know what the biggest problem we have running a manufacturing business in China?"

Me: "Copies?"

Him: " Copies are easy to deal with, if you can make good quality, it's not really copies you have to worry about."

Me: "Then what?"

Him: "Your entire production team coming in while you aren't there and running off an entire production run without your knoweldge".

Me: "Are you kidding me?"

Him: "Want me to hold your beer?"



To: Bonefish who wrote (155666)4/1/2020 5:51:19 PM
From: Snowshoe  Respond to of 218072
 
re "MMM stock?"


Unfortunately, 3M isn't a pure play. Here's a CNBC overview...

Coronavirus Leaves 3M Scrambling To Cover A Face Mask Shortage