old dude was just discussing the crooks in this business. karat gold (jewelery) is full of them. some of those guys try to buy for pennies on the dollar.
old dude was just discussing the crooks in this business. karat gold (jewelery) is full of them. some of those guys try to buy for pennies on the dollar.
Its funny you mention Alter, that is the company I am referring to in the original post. I wonder how bad their margin must be to offer $.75/lb for motherboards.
alter works on really small margins. they just got the same dismal settlement for low grade motherboards that i got. less than half the return of standard mb's.
alter is a huge international company. they can and will turn down anything that does make their required margin. they move enough volume that they will still produce a profitable revenue.
most are grading motherboards now. soon everyone will be. and some recyclers do not take them at all. i am currently at $1.75/lb for low grade mb's and will probably drop that again.
the only way the price of these boards will go up is if gold goes up.
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