Thursday, June 16, 2005

Gone Fishin'

There will be no daily blog tomorrow because to celebrate the end of a very successful run with the US Open Golf Tournament I am going fishing! Much thanks to the generosity of one Mr. Billy Norrell otherwise known as #1FB(number one fishing buddy). Billy has a speaking engagement tonight to a group at the Grove Park Inn, http://www.groveparkinn.com/ and the group is nice enough to be picking up his room for the weekend so he has invited me to share with him in fellowship and fishing. We are no strangers to the waters around Asheville for we have fished up there quite a bit. I fished up on the North Mills just last month. I am not sure which rivers or streams we will hit but on Friday and Saturday when normally I would be working I will be casting the long stick for the most beautiful fish on earth in some of the most beautiful places.

Yes we are officially finished with the US Open Golf Tournament. We still have one order to ship but all tickets to cover are purchased. Our profit margins on this event were very high, which is a nice change of pace considering what we have gone through for most of the year. My partner, Brad Mackler, was convinced after the Masters that the US Open was going to whip our asses. I tried to assuage his fears but to no avail. I am thankful to God that this one went our way and big time. The event was super hot before and after the Masters which allowed us to get much higher prices than normal but that is also what caused our fear. In the end the short sellers prevailed as the market for US Open tickets crashed.

Our next move is the Major League Baseball All Star Game. We do not have a lot of short orders for this event, only a tiny few. I am thankful that our position is small and easily coverable but it was by design. We started getting calls for the All Star game much earlier this year than normal and have felt bullish on it all the way. We made a decision to not get too short because we wanted to attend the event and have everything covered and be able to simply source tickets for those that need them. If any of you brokers that need a lot of tickets for the All Star Game are reading this take note. Please visit our site for our phone numbers, www.alphatickets.com , and get in touch with Sarah and she will put you in touch we me or Brad to help you cover your orders or handle consignments.

Until Monday - Adios!

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