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Naval Insignia (Vice Admiral)
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0Lona 0ltor
Adeptio Gloriae
#1 - 2013-04-07 11:29:18 UTC  |  Edited by: 0Lona 0ltor
Previous topic Refers,

https://forums.eveonline.com/default.aspx?g=posts&t=172044

Caldari Navy VIce Admiral Insignia have been hovering just above their NPC buy price of 500k. The tag previously sold for upwards of 5m isk 12 months ago. Patch time is coming up will new LP items and tag costs be amongst the changes?

As it stands vice admiral is a no risk investment as investors are protected by the NPC buy price of 500k. I've invested heavily and as much as I care to do so don't feel any need to hide this fact.

The reason they have crashed so low is changes to FW requiring the elimination of rats, the only way I expect the tags to rise is changes to FW which I feel might be a possibility as every one jumps onto the Gallente farm train.
0Lona 0ltor
Adeptio Gloriae
#2 - 2013-04-07 16:17:52 UTC
There is only one place for this tag to go today and that is up, up, up. Worse case scenario is that you lose your market fee's and are able to sell to NPC orders for 500k.
Kara Books
Deal with IT.
#3 - 2013-04-07 16:43:11 UTC
The fact of the matter is, many tags have crashed.

Its a trend, don't go against the wave, flow with it.
Mari Hata
Main Street Crafts and Goods
#4 - 2013-04-07 18:52:20 UTC
If only we could sell today what we'd buy tomorrow...

♫ ♪ ♪
0Lona 0ltor
Adeptio Gloriae
#5 - 2013-04-07 20:15:18 UTC
Mari Hata wrote:
If only we could sell today what we'd buy tomorrow...


What?

Buy admiral tags if you have surplus liquid ISK, they are as cheap as they can get and could go up.
OllieNorth
Recidivists Incorporated
#6 - 2013-04-10 19:44:45 UTC
I'll take some of that stockpile of tags you bought at 5M for the low price of 400k. It's ok to admit you guessed completely wrong. I will still love you.
Uppsy Daisy
State War Academy
Caldari State
#7 - 2013-04-10 20:23:58 UTC
0Lona 0ltor wrote:
Mari Hata wrote:
If only we could sell today what we'd buy tomorrow...


What?

Buy admiral tags if you have surplus liquid ISK, they are as cheap as they can get and could go up.


Could go up.

And guess who has bought a load... I wonder? Could it be the OP?
mynnna
State War Academy
Caldari State
#8 - 2013-04-11 15:33:28 UTC
http://i.imgur.com/5cGD0Os.png

Now, I'm no chart reading expert but I'm pretty sure that I do not see a place on that chart anywhere where those have been sold "just over" their NPC buy price. Ugh

Member of the Goonswarm Economic Warfare Cabal
0Lona 0ltor
Adeptio Gloriae
#9 - 2013-04-11 17:09:14 UTC
mynnna wrote:
http://i.imgur.com/5cGD0Os.png

Now, I'm no chart reading expert but I'm pretty sure that I do not see a place on that chart anywhere where those have been sold "just over" their NPC buy price. Ugh


buy orders were at 550k in rens + hek where many are farmed. 1m for the tag is only a 500k max risk per unit too which is fairly good. If CCP nerf the Gallente farm train which I think will happen the price will rise.
mynnna
State War Academy
Caldari State
#10 - 2013-04-11 17:58:40 UTC
Oh so they "were" at 550k and now that they've gone up further you're trying to talk up the value of your stockpile.

500k risked on a 1m isk investment is awful by the way. A 50% downside with an upside based on nothing but "a feeling" is a terrible investment.

Member of the Goonswarm Economic Warfare Cabal
0Lona 0ltor
Adeptio Gloriae
#11 - 2013-04-12 09:00:19 UTC  |  Edited by: 0Lona 0ltor
mynnna wrote:
Oh so they "were" at 550k and now that they've gone up further you're trying to talk up the value of your stockpile.

500k risked on a 1m isk investment is awful by the way. A 50% downside with an upside based on nothing but "a feeling" is a terrible investment.


People have said in the other thread that they never read about bad speculation so here I am stating this. I have invested several billion (I say around 10 ish billion) buying Vice tags at 505k to 1m per unit. As it stands I can lose around 5bn ISK max (the tags are allready climbing to 1m sell mark so I can offload at ''awful investment'' profit allready).

As I stated I'm going to wait for CCP to close the Gallente Farm train before 9/10 fw players join Gallente for the ISK farming. I'm hoping to see the tag at 4m mark again and that'll be a 40bn profit. If it does not happen and CCP let the farm train ride and abondon FW then it's OK as I will still have made a small profit whether it's an inflation beating I'm not doing math for such small a figure.
mynnna
State War Academy
Caldari State
#12 - 2013-04-12 14:35:24 UTC  |  Edited by: mynnna
In your position it's a great investment then. Minimal downside, and you've already doubled your money.

To anyone else, though, it's got a far more sizable upside, which makes it a much less appealing investment, especially when the upside is based on CCP revisiting FW when they've stated they're pretty happy where it is. The notional upside is based on the idea that the farm is "too good" (which is funny considering they've continued to ignore missions) and that they'd revisit it at all. That's pretty thin.

Mind you, I'm not saying you're wrong. It could very well turn out to be an excellent investment. I am merely pointing out that it's got a significant downside to go with its potential upside, which harms the appeal.

Member of the Goonswarm Economic Warfare Cabal
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#13 - 2013-04-12 14:50:56 UTC
Came expecting crop tops and tattoos, left disappointed.
Uppsy Daisy
State War Academy
Caldari State
#14 - 2013-04-16 23:01:30 UTC
Unless we get 'tags for security status' in Odyssey. Then the op could be right I guess.
mynnna
State War Academy
Caldari State
#15 - 2013-04-16 23:29:03 UTC
Somehow I can't see CONCORD accepting tags looted from members of the navies of the empires in exchange for a security status bump Lol

Member of the Goonswarm Economic Warfare Cabal
0Lona 0ltor
Adeptio Gloriae
#16 - 2013-04-24 14:00:37 UTC
Anyhow 3m per unit so I've cleared a few billion even before patch.
0Lona 0ltor
Adeptio Gloriae
#17 - 2013-05-10 11:41:10 UTC
Well I've cleared a few Billion now selling at 3.5m per unit with short lived slumps back down to 2.7 to 3.0. Buying bulk in Jita at 2.5m will still turn a profit if you take them to LP store trade ins.

I don't think the price will rise any higher than 3.5m untill after patch.
Leta Lilitu
#18 - 2013-07-18 16:46:17 UTC
Nice to be vindicated in the face of adversity

Hey!  I done a story   :)

https://forums.eveonline.com/default.aspx?g=posts&m=3851158#post3851158
0Lona 0ltor
Adeptio Gloriae
#19 - 2013-07-29 13:58:24 UTC
Leta Lilitu wrote:
Nice to be vindicated in the face of adversity


Yeah I did all right, I was planning on splashing out for a super cap but I just KFC'd it all instead. :)