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Trade Advisory: Several moon mins at year-long lows
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Drachiel
Mercury LLC
#1 - 2012-07-03 22:42:05 UTC
Year-long lows for several moon minerals (some more important than others) means it's a great time to buy for speculators. Some (which I won't name have even flattened out after sustained decline, indicating that they're currently at the bottom of a trough.

Conversely, reduced profitability in the face of more stable fuel prices means that some lower end mining poses will be offlined, reducing demand for fuel blocks (meaning you should sell now before they drop further).
corestwo
Goonfleet Investment Banking
#2 - 2012-07-03 22:56:33 UTC  |  Edited by: corestwo
Most of the really low priced minerals are not mined specifically anyway. The more common situation is that someone erects a pos for another purpose and goes "Oh, there are minerals I can mine here, might as well do that to help cover some of the cost." Thus, your second point is a non-issue. Meanwhile, flattening of charts is not indicative of a coming rise, its merely indicative of a price that has found temporary stability.

That said, there is certain reason to believe that many cheap moon minerals could have reason to rise, but as we are lacking details or even a timeline, it's a shot in the dark as far as speculations go. So, unless there are still people who are gullible or willing to sit for quite some time on a question mark of an investment, you're not going to get the panicked rush that you're hoping to sell what you bought into. Lol

This post was crafted by a member of the GoonSwarm Federation Economic Cabal, the foremost authority on Eve: Online economics and gameplay.

fofofo
Drachiel
Mercury LLC
#3 - 2012-07-04 21:41:39 UTC
corestwo wrote:
Most of the really low priced minerals are not mined specifically anyway. The more common situation is that someone erects a pos for another purpose and goes "Oh, there are minerals I can mine here, might as well do that to help cover some of the cost." Thus, your second point is a non-issue. Meanwhile, flattening of charts is not indicative of a coming rise, its merely indicative of a price that has found temporary stability.

That said, there is certain reason to believe that many cheap moon minerals could have reason to rise, but as we are lacking details or even a timeline, it's a shot in the dark as far as speculations go. So, unless there are still people who are gullible or willing to sit for quite some time on a question mark of an investment, you're not going to get the panicked rush that you're hoping to sell what you bought into. Lol


Actually, I was talking of some decently priced materials tanking to year lows. In any case, trends are trends. Crashes take things below their natural prices, and they tend to (unless it's something with no intrinsic value like a dividend-less share) go back up a bit after.
SetrakDark
Doomheim
#4 - 2012-07-05 00:59:45 UTC
I'm sorry you're sitting on a bunch of moon minerals whose value is being drained by tech's inevitable climb (I'm not actually). Until we get inklings of a change to the system, the only place other moon minerals are going is down.

Shoulda bought tech, brohammer.
Drachiel
Mercury LLC
#5 - 2012-07-05 23:46:44 UTC
SetrakDark wrote:
I'm sorry you're sitting on a bunch of moon minerals whose value is being drained by tech's inevitable climb (I'm not actually). Until we get inklings of a change to the system, the only place other moon minerals are going is down.

Shoulda bought tech, brohammer.


But they're currently at the bottom of the trough.

Hell, I just bought more. True I had some holdings that devalued slightly, but they should meander back up some in a month or three.
SetrakDark
Doomheim
#6 - 2012-07-06 00:13:04 UTC
Drachiel wrote:
But they're currently at the bottom of the trough.

Hell, I just bought more. True I had some holdings that devalued slightly, but they should meander back up some in a month or three.


It's not a "trough", bro. The bottleneck mineral draws a greater portion of the total value of the t2 basket to itself as it rises. There's nothing cyclical about it.
Charles Baker
Aliastra
Gallente Federation
#7 - 2012-07-06 02:25:33 UTC
If only -A- and Co could take a few hundred of those Tech mining moon PoS's down, then we'd see something interesting...
Drachiel
Mercury LLC
#8 - 2012-07-06 02:34:09 UTC
SetrakDark wrote:
Drachiel wrote:
But they're currently at the bottom of the trough.

Hell, I just bought more. True I had some holdings that devalued slightly, but they should meander back up some in a month or three.


It's not a "trough", bro. The bottleneck mineral draws a greater portion of the total value of the t2 basket to itself as it rises. There's nothing cyclical about it.


Other than a lack of market confidence causing undue selling. Psychological factors are cyclical and have marked effects. It's true that it was overvalued before since T2 production conditions have changed some, but several are currently undervalued because of "OH GOD MOON CRASH EVERYBODY OUT OF THE POOL!"

You overestimate the trading public's intelligence.
Bugsy VanHalen
Society of lost Souls
#9 - 2012-07-06 14:04:06 UTC
corestwo wrote:
Most of the really low priced minerals are not mined specifically anyway. The more common situation is that someone erects a pos for another purpose and goes "Oh, there are minerals I can mine here, might as well do that to help cover some of the cost." Thus, your second point is a non-issue. Meanwhile, flattening of charts is not indicative of a coming rise, its merely indicative of a price that has found temporary stability.

That said, there is certain reason to believe that many cheap moon minerals could have reason to rise, but as we are lacking details or even a timeline, it's a shot in the dark as far as speculations go. So, unless there are still people who are gullible or willing to sit for quite some time on a question mark of an investment, you're not going to get the panicked rush that you're hoping to sell what you bought into. Lol

Sounds like something GOONS would say to turn interest away from a coming market manipulation??
Tesal
#10 - 2012-07-07 04:14:04 UTC
SetrakDark wrote:
Drachiel wrote:
But they're currently at the bottom of the trough.

Hell, I just bought more. True I had some holdings that devalued slightly, but they should meander back up some in a month or three.


It's not a "trough", bro. The bottleneck mineral draws a greater portion of the total value of the t2 basket to itself as it rises. There's nothing cyclical about it.


I agree with this that the tech bottleneck will reduce the value of other moon minerals. Many low ends used to trade in the 100 to 200 isk range back when dyspro was king. If anything, moon minerals have not bottomed out, they have much more to fall.