Apr 23, 2015
Got cut off,
When margins are negative for too long a brand may do a step out and see if others will follow, if they do great, if not after several days they will fall back to the pack. On rare occasions when inventory is long they may step down but most of the time sellers do that to unbranded players and not their branded dealers. I would bet your misses come on days someone is stepping out because they take the full spot move plus maybe 5 cents to see if others will follow. Unless you work for one of those companies in the right department you will never see those coming.