Captain America #25 & Wizard...

[eternal economist]

so the word on the streets from several industry persons and stores is this:

WIzard, which was privy to the events of Captain America #25 before it was released, put in a HUGE advance reorder (means it was reordered before it shipped to stores) on the fist print editions of Captain America #25.

the day it dropped, they were then selling them through their ebay ID for $50 for both covers. and by selling, i mean by the boatload.

i remember seeing one ID had probably 25-30 listings that were ending that first night, but really paid it no mind. turns out it was Wizard. as soon as people figured this out and word spread, Wizard pulled all their remaining auctions/listings for the book.

i find this horribly wrong. as my manager put it, they basically used insider trading to profit on this book.

what i find funny is that Wizard feels they need to cheat people, probably because the rumors of them being broke is true...

anyone else heard this story?

I have heard this. I think the most atrocious aspect is, as a 'price guide' they should not be influencing the industry, just observing.