Hamilton New York has always been my bread and butter. I’ve been flipping it for years now and never lost money… until a few weeks ago. The show was for a Tuesday night, which is usually the weakest night for shows. And the seats were very odd (see the circled seats.) Those are probably the closest regular priced seats; probably because it’s so far off to one side of the stage that you may have a bit of an obstructed view. I had paid ~$484 for these seats back in January 2018!!! I sat on these seats for an entire year! They had been listed the whole time, and usually I price my Ham NY tickets at a fixed price and they eventually sell down the road. I had never bought these seats before, but I still picked a price and let it sit…and that’s where it sat for an entire year. I knocked the price down to almost the lowest price the weekend before the show. I knocked them down again on Monday. Then again on Tuesday morning. Then again on Tuesday afternoon. Then once more ~2 hours before the show. BOOM! THEY SELL! The net was $429, so a loss of $55 or 11%. Not the end of the world, but I think the Ham NY market is definitely softening.
I hate when people who only talk about all their stock wins but never their losses. I try to keep it balanced here. I write about the losers as much as the winners.