Yellow Tang Prices

ca1ore · Jan 27, 2021

Softhammer said:
Good luck liveaquaria. Just because they banned collection doesn’t mean they still aren’t one of the most commonly seen fish in tanks. Straight up gouging.

Is it though? I’ve seen plenty of hobbyists selling fingernail sized rainbow chalice frags for $500. Is that gouging? Seems like pretty simple supply and demand. Will be interesting to see if anyone’s willing to pay $550 for a wild caught YT. It’s certainly good that there is a CB source. Cannot imagine what the Achilles tang will sell for; or a flame wrasse..

hds4216 · Jan 27, 2021

1guydude said:
Someone explain the gamestop situation! Lol! I dont follow politics or stocks too much. Lol
D

A Reddit forum basically decided to have all of its members just buy Gamestop stock, sending the price up more than 350% (which is unheard of, basically). The professional wall st people bet that the stock would crash, but it didn't. It shot up even more. Multiple investment firms have already been forced to declare bankruptcy.

Gamestop: The GME Short Squeeze Explained

There's no simple reason that Gamestop (NYSE: GME) became the subject of the most high-profile short squeeze anyone can remember.

thedeepdive.ca

George81 · Jan 27, 2021

1guydude said:
Someone explain the gamestop situation! Lol! I dont follow politics or stocks too much. Lol
D

Reddit wallstreet bets and other trading sub Reddit’s are showing short sellers who’s boss
i wonder if sec is gonna do something for stock manipulation...

SaltISlife · Jan 27, 2021

hds4216 said:
A Reddit forum basically decided to have all of its members just buy Gamestop stock, sending the price up more than 350% (which is unheard of, basically). The professional wall st people bet that the stock would crash, but it didn't. It shot up even more. Multiple investment firms have already been forced to declare bankruptcy.

Gamestop: The GME Short Squeeze Explained

There's no simple reason that Gamestop (NYSE: GME) became the subject of the most high-profile short squeeze anyone can remember.

thedeepdive.ca

It actually went up near 800%. So anyone who bought the stock when it was at like 5$ is rich now.

Its like AMD stock the company that makes CPUs and GPUs. I told my friend who kept bragging about her having 25k cash in the bank. To go buy 5-10k$ worth of AMD stock. This was right when the Ryzen cpus were coming out. I knew theyd crush intel. And the stock went from 1.80$ to like 90$ last i checked.

Shed have hundreds of thousands of dollars now. If she listened to me. I unfortunatlly didnt have the money to do that. If i did id probsbly be typing this out on my private yahgt in hawaii looking at tangs scooba diving

IKD · Jan 27, 2021

1guydude said:
Someone explain the gamestop situation! Lol! I dont follow politics or stocks too much. Lol
D

Everything you need to know about how a Reddit group blew up GameStop's stock

The GameStop frenzy on Wall Street has investors, and much of the internet, enraptured — not unlike a good horror movie. Everyone knows doom is just around the corner for some key players; a lucky few will emerge stronger; and the monster might be subdued but will ultimately come back for a sequel.

www.google.com

Bruce60 · Jan 27, 2021

I saw little baby yellow tangs this past weekend in LFS. I think they were bred in captivity and cost around $80.

danzig · Jan 27, 2021

If anything i feel like this will just create a black market and increase poaching unfortunately

code4 · Jan 27, 2021

Bruce60 said:
I saw little baby yellow tangs this past weekend in LFS. I think they were bred in captivity and cost around $80.

I want one! Wish I had a local store also though.

Gtinnel · Jan 27, 2021

When I started my first tank yellow tangs were only about $20 and were one of those fish that it seemed like everyone had in their tank, kinda like clownfish are today. Since getting back into the hobby I would never buy one because I though $80 was insane for them.

SaltISlife said:
To go buy 5-10k$ worth of AMD stock.

Years ago a buddy of mine tried to convince me to buy bitcoins when I had never heard of crypto currency. When he described to me what it was I remember saying it was stupid. If I would've spent a few hundred dollars then I would be wealthy today. I beat myself up over that decision regularly.

CanuckReefer · Jan 27, 2021

This is 'Deuce' ...

1guydude said:
Yellow tangs for$20-$30 no longer exsist?

This is 'Deuce' ....$34.99 (Cdn) 16 years ago. He was evidently quite the bargain lol...

danzig · Jan 27, 2021

CanuckReefer said:
This is 'Deuce' ...

This is 'Deuce' ....$34.99 (Cdn) 16 years ago. He was evidently quite the bargain lol...

Wow 16 years... thats wild!

CMMorgan · Jan 27, 2021

IKD said:
Live Aquaria isn’t missing a beat with the Hawaii ban! LOL

That's criminal. If they were giving the cash to conservation efforts, that would be one thing. At this, they are just profiteering. Shameful

CanuckReefer · Jan 27, 2021

danzig said:
Wow 16 years... thats wild!

Dude has been a rockstar... my second. First one was about 4 years or so.

danzig · Jan 27, 2021

CMMorgan said:
That's criminal. If they were giving the cash to conservation efforts, that would be one thing. At this, they are just profiteering. Shameful

Agreed, in poor taste and borderline disgraceful. I understand its a free market but it never eases the sting of seeing a company you might favor price gouge.

CMMorgan · Jan 27, 2021

I bought Flat Stanley last year for $40 at the LFS. God Save the Queen! So glad I got him when I did.

1guydude · Jan 27, 2021

Dueces re homing adoption fees just went up. Lol. Good job 16yrs!
D

CubsFan · Jan 27, 2021

Better looking than a black tang and cheaper?!?! Haha! Hopefully captive breeding picks up and the price goes down. There’s always going to be folks re-homing tangs in most areas. It’ll even out and/or the ban will eventually get lifted.

Feel free to let me have it with that bold black tang comment. Great fish.