At Prospects for Cash, it is always a good thing to look at the state of prospecting and the overall health of the market. Tactics change all the time and philosophies evolve. It is clear that the market is trending up. I explain this in my previous article.
Due to the changes, here are a few thoughts on how I feel about prospecting as we move forward in 2019.
1.Group Breaks and Case Breaks - It may be a good time to consider participating in these breaks as buying a slot on the front end for a prospect could mean big money on the back end as prices rise.
2. Timing - I am still sticking to the 20% rule. If I can make a profit I am OK moving on. Timing is everything now. Your choice will all depend on your investment. You can still make money on a player before they make the Majors.
3. Player Positions - Positions still matter but not as much anymore. We know the risks with pitchers but I used to avoid buying catchers or second baseman. Catchers do take time to develop but lately there have been good ones to invest in. If a player can play the price will show it.
4. Age - Age still matters. A 19 yr old prospect still has the room for potential while a 24 year old prospect has reached his ceiling.
5. Power and Contact - It seems with the new baseballs flying out the park the power numbers are tricky to analyze. Contact is still king. Walk rates matter.
6. State of the Hobby - Overall the hobby is heating up and prospecting will continue to pick up steam. Keep an eye on the trends. Or just follow me for the best info on the web. Could supply increase? Is a correction in play down the line. Stay tuned.
7. Buying Retail over Hobby - Another emerging subject. Buying retail blaster boxes of Bowman is a good play. I am still surprised boxes sell for $20.You could easily resale for double the price! The tough part is that you have to really know when they hit your local stores. People know the vendors so sometimes the boxes never hit the shelves.