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Procurer Investment Fund - 50% profit guaranteed

First post
Author
Elizabeth Norn
Nornir Research
Nornir Empire
#101 - 2013-05-30 19:02:24 UTC  |  Edited by: Elizabeth Norn
What makes you think these trillionaires you speak of didn't already invest in Procurers when they cost 2m a pop?

Say I was to give you 3b ISK right now, more than your current NAV I believe, what would you be able to do with it, what kind of profit would you be able to make on it, and what return would I expect to receive on such an investment?

On topic:-
Wizards:-
http://imgur.com/gallery/tFMwx
http://imgur.com/gallery/XD9L4

Cats:-
http://imgur.com/gallery/rFcH6gS
http://imgur.com/gallery/Lg8xPxJ
Harry Forever
Pandemic Horde Inc.
Pandemic Horde
#102 - 2013-05-30 19:21:31 UTC
Elizabeth Norn wrote:
What makes you think these trillionaires you speak of didn't already invest in Procurers when they cost 2m a pop?

Say I was to give you 3b ISK right now, more than your current NAV I believe, what would you be able to do with it, what kind of profit would you be able to make on it, and what return would I expect to receive on such an investment?

On topic:-
Wizards:-
http://imgur.com/gallery/tFMwx
http://imgur.com/gallery/XD9L4

Cats:-
http://imgur.com/gallery/rFcH6gS
http://imgur.com/gallery/Lg8xPxJ


its written in the main post...
Manny Moons
University of Caille
Gallente Federation
#103 - 2013-05-30 19:28:57 UTC
I started playing EVE only about eight months ago, so I am still wet behind the ears. I was too new to know anything about the barge buff, but once I figured out what a "bargain" the post-patch Procurer was, I bought some in hopes of making some ISK. And I did make good ISK, for my size, by buying them where they were cheap and moving them to where I could mark them up a few million and sell them one at a time, after which I'd go and get some more. This was just one of many activities I was doing, trying to find my niche in EVE. When I started T2 manufacturing, I bought a researched Procurer BPO, at a very healthy discount from NPC price, and started inventing Skiffs. About this time, I discovered a contract for a large quantity of Procurers at a very low price per unit. I can't remember exactly how many, or for exactly how much, but I do remember that the contract total was staggering to me - far more than I could hope to make in the foreseeable future. But the opportunity was irresistible, and I started trying to figure out how I could borrow the ISK to do the deal, and become wealthy in the process.

To improve my chances of getting a loan, I started researching the loan market, and the Procurer market, and following MD fairly closely. At the same time, my other EVE activities continued, and I followed what is probably a very common path for newbie industrialists and traders. As I got more experience, a million ISK stopped seeming like such a huge amount of ISK, and an hour of my time started seeming like a much bigger chunk of time. The time it took me to haul Procurers to the far corners of highsec became non-trivial. The three million ISK "profit" began to seem like a modest return for tying up an order slot for the length of time it took to sell. And it occurred to me that the large number of Procurers offered for sale in that contract, by someone much more space-rich and experienced than me, was an indicator of the magnitude of the Procurer glut. I did not have the ISK to buy the contract, but if I had, I would have declined, because there were a hundred other places to park that ISK that seemed like better options.

I am certain that it is possible to buy Procurers today, hold them, and sell them for a profit. My gut feeling is that the return on such an investment over time is likely to be worse than dozens of more liquid investment options. But I am still a newbie, and I look forward to learning from the results of this venture, however it goes.
Harry Forever
Pandemic Horde Inc.
Pandemic Horde
#104 - 2013-05-30 19:56:09 UTC  |  Edited by: Harry Forever
Manny Moons wrote:
I started playing EVE only about eight months ago, so I am still wet behind the ears. I was too new to know anything about the barge buff, but once I figured out what a "bargain" the post-patch Procurer was, I bought some in hopes of making some ISK. And I did make good ISK, for my size, by buying them where they were cheap and moving them to where I could mark them up a few million and sell them one at a time, after which I'd go and get some more. This was just one of many activities I was doing, trying to find my niche in EVE. When I started T2 manufacturing, I bought a researched Procurer BPO, at a very healthy discount from NPC price, and started inventing Skiffs. About this time, I discovered a contract for a large quantity of Procurers at a very low price per unit. I can't remember exactly how many, or for exactly how much, but I do remember that the contract total was staggering to me - far more than I could hope to make in the foreseeable future. But the opportunity was irresistible, and I started trying to figure out how I could borrow the ISK to do the deal, and become wealthy in the process.

To improve my chances of getting a loan, I started researching the loan market, and the Procurer market, and following MD fairly closely. At the same time, my other EVE activities continued, and I followed what is probably a very common path for newbie industrialists and traders. As I got more experience, a million ISK stopped seeming like such a huge amount of ISK, and an hour of my time started seeming like a much bigger chunk of time. The time it took me to haul Procurers to the far corners of highsec became non-trivial. The three million ISK "profit" began to seem like a modest return for tying up an order slot for the length of time it took to sell. And it occurred to me that the large number of Procurers offered for sale in that contract, by someone much more space-rich and experienced than me, was an indicator of the magnitude of the Procurer glut. I did not have the ISK to buy the contract, but if I had, I would have declined, because there were a hundred other places to park that ISK that seemed like better options.

I am certain that it is possible to buy Procurers today, hold them, and sell them for a profit. My gut feeling is that the return on such an investment over time is likely to be worse than dozens of more liquid investment options. But I am still a newbie, and I look forward to learning from the results of this venture, however it goes.


I have to say I'm investing into stocks since over 20 years and in addition to that I'm overseeing the european sales and production planning at the company I work, since 15 years... I'm pretty new to this game, but at the end it has the same rules.... I like this venture because you can play it on big scale, however I for sure will jump into others as well as I see them coming
Celi Annor
Imperial Shipment
Amarr Empire
#105 - 2013-05-30 20:19:31 UTC
You can buy them off me directly. I have about 30k procurers left

Sold 15k, you can check my public contracts
flakeys
Doomheim
#106 - 2013-05-30 20:37:55 UTC
Harry Forever wrote:


I have to say I'm investing into stocks since over 20 years and in addition to that I'm overseeing the european sales and production planning at the company I work, since 15 years... I'm pretty new to this game, but at the end it has the same rules.... I like this venture because you can play it on big scale, however I for sure will jump into others as well as I see them coming



And now it ALL makes sense ...........





EvE is REALL Bear

We are all born ignorant, but one must work hard to remain stupid.

Harry Forever
Pandemic Horde Inc.
Pandemic Horde
#107 - 2013-05-31 07:59:16 UTC
Celi Annor wrote:
You can buy them off me directly. I have about 30k procurers left

Sold 15k, you can check my public contracts


I hardly believe i bring together the funds, I came to the conclusion that the procurer investors and most others want to have the market like it is and therefore be stuck with the procurers for ages, there is no plan to blowup procurers with an event and there is no plan to rais the price, the masses are even against somebody trying to change things

I will still keep trading some of the procurers on my own, but the big thing hardly will happen, people prefer counting procurers instead of moving forward and try to solve the problem

I'm out of this now, good luck to you all
Rhivre
TarNec
Invisible Exchequer
#108 - 2013-05-31 12:26:14 UTC
Harry, it is none of those things.

It is that procurers, unlike retrievers, are not as easy as you might think to blow up, so you cannot throw a couple of million ship at them and explode them

It is that they are not being used because, compared to the retriever, why on earth would I fly one for mining? The retriever has a bigger ore hold, allowing me to sit in space AFK for longer, meaning less time for docking.

It is a starter mining ship. I have mining chars, and 0 of them fly a retriever, procurer or any T1. I know some crazy miners (Hai Dave!) who fly retrievers for ice mining, but even they are not crazy enough to fly a procurer. My miners fly Mackinaws (The T2 version of the retrievrer)

In order to understand why the market wont move, you need to understand why miners are not flying procurers. Then you need to think why they are not getting blown up, and to understand why people were not keen to invest, you need to consider whether the ROI on restocking and controlling the entire eve market in one of the ships which is flown least is the best use of investment.

You should also not see critique of your plan as trolling, or a personal attack. Attacking your idea != attacking you.

Calling people names = trolling.


TL:DR CCP didnt quite rebalance the barges as well as they should. That is why no-one flies a procurer.
Caleb Ayrania
TarNec
Invisible Exchequer
#109 - 2013-05-31 16:24:11 UTC
Considering this idea and your PLEX theory, and the fact that you are RL investor, is the logical conclusion not that you buy 10000 PLEX with real money and thus invest in both projects with your own money.

For the isk flow I am sure there would be plenty in MD that would be happy to hold the PLEX as collateral for whatever size loans you would need. Since its collateral you will get it back from the trusted 3rd party at the current level price / value. I am pretty by now you have figured out there are people in EVE that will not scam you for anything in your current range.

If you get into the high Trillion range you should consider Chribba or Grendell level trusted collateral holder.

Samroski
Middle-Earth
#110 - 2013-05-31 17:22:13 UTC
Rhivre wrote:

TL:DR CCP didnt quite rebalance the barges as well as they should. That is why no-one flies a procurer.

Maybe OP has insider info. possibly thanks to his impressive RL portfolio. Maybe he knows that Procurers are in for a 2nd pass at re-balancing and will soon be the most sought after ship by miners?

Any colour you like.

The Antiquarian
Imperial Academy
Amarr Empire
#111 - 2013-06-03 10:08:29 UTC  |  Edited by: The Antiquarian
Harry Forever wrote:
Manny Moons wrote:
I started playing EVE only about eight months ago, so I am still wet behind the ears. I was too new to know anything about the barge buff, but once I figured out what a "bargain" the post-patch Procurer was, I bought some in hopes of making some ISK. And I did make good ISK, for my size, by buying them where they were cheap and moving them to where I could mark them up a few million and sell them one at a time, after which I'd go and get some more. This was just one of many activities I was doing, trying to find my niche in EVE. When I started T2 manufacturing, I bought a researched Procurer BPO, at a very healthy discount from NPC price, and started inventing Skiffs. About this time, I discovered a contract for a large quantity of Procurers at a very low price per unit. I can't remember exactly how many, or for exactly how much, but I do remember that the contract total was staggering to me - far more than I could hope to make in the foreseeable future. But the opportunity was irresistible, and I started trying to figure out how I could borrow the ISK to do the deal, and become wealthy in the process.

To improve my chances of getting a loan, I started researching the loan market, and the Procurer market, and following MD fairly closely. At the same time, my other EVE activities continued, and I followed what is probably a very common path for newbie industrialists and traders. As I got more experience, a million ISK stopped seeming like such a huge amount of ISK, and an hour of my time started seeming like a much bigger chunk of time. The time it took me to haul Procurers to the far corners of highsec became non-trivial. The three million ISK "profit" began to seem like a modest return for tying up an order slot for the length of time it took to sell. And it occurred to me that the large number of Procurers offered for sale in that contract, by someone much more space-rich and experienced than me, was an indicator of the magnitude of the Procurer glut. I did not have the ISK to buy the contract, but if I had, I would have declined, because there were a hundred other places to park that ISK that seemed like better options.

I am certain that it is possible to buy Procurers today, hold them, and sell them for a profit. My gut feeling is that the return on such an investment over time is likely to be worse than dozens of more liquid investment options. But I am still a newbie, and I look forward to learning from the results of this venture, however it goes.


I have to say I'm investing into stocks since over 20 years and in addition to that I'm overseeing the european sales and production planning at the company I work, since 15 years... I'm pretty new to this game, but at the end it has the same rules.... I like this venture because you can play it on big scale, however I for sure will jump into others as well as I see them coming


Unless you are a top of the line executive at Goldman Sachs or involved in a reputable ETF funds or other passive index funds, your "20 years" of experience in stock means utterly nothing.

Following your line of reasoning, once being an accountant and public auditor at Big Four with years of forensic accounting, VC & PE, and public accounting experience and currently employed in a major securities company with major presence in South-eastern Asian market, I can say this with 150% conviction that if I were to audit your ridiculous venture, I would give a "qualified opinion" and warn every rational investors from investing in this bogus fund of yours.

Do us a favor and just stop responding to this thread. With this much negative publicity, no one will invest in this sham of yours.
Harry Forever
Pandemic Horde Inc.
Pandemic Horde
#112 - 2013-06-03 13:53:54 UTC  |  Edited by: Harry Forever
The Antiquarian wrote:


Unless you are a top of the line executive at Goldman Sachs or involved in a reputable ETF funds or other passive index funds, your "20 years" of experience in stock means utterly nothing.

Following your line of reasoning, once being an accountant and public auditor at Big Four with years of forensic accounting, VC & PE, and public accounting experience and currently employed in a major securities company with major presence in South-eastern Asian market, I can say this with 150% conviction that if I were to audit your ridiculous venture, I would give a "qualified opinion" and warn every rational investors from investing in this bogus fund of yours.

Do us a favor and just stop responding to this thread. With this much negative publicity, no one will invest in this sham of yours.


before writing me a loveletter you could as well have realized that this venture is already over... however some seem to be late to a party all the time, same thing with your asian investments...

future posts will be ignored as you seem to be pretty impolite and just want to tell people how good you are and what you do not like about them, please stop doing this... and if you are so smart just open your own threads with your own ideas, instead of making bad comments on other ones

you know its always easy to but another idea down and feel smart about doing so, however to put up your own ideas and fighting for them is hard, because there are a lot of people like you who do not understand it and just want to give you a bad feeling so they feel better

for sure you will get a lot of applause because people tend to be that way and take the easy road, but I encourage you to try the other side, good luck with that and remember nothing is wrong with an idea, somtimes there are just not enough people to execute it.
Singulaer
Science and Trade Institute
Caldari State
#113 - 2013-06-03 22:24:55 UTC
Harry Forever wrote:
remember nothing is wrong with an idea, somtimes there are just not enough people to execute it.


Why is that? Seriously... Why is that?

"Do not attempt to live without vanity, since this is impossible, but choose the right audience from which to seek admiration." - Bertrand Russell

Harry Forever
Pandemic Horde Inc.
Pandemic Horde
#114 - 2013-06-04 08:49:46 UTC  |  Edited by: Harry Forever
Singulaer wrote:
Harry Forever wrote:
remember nothing is wrong with an idea, somtimes there are just not enough people to execute it.


Why is that? Seriously... Why is that?


same reason why only 1% is rich and 99% are not, you spend to much time complaining whereas the others take action
Mystri
#115 - 2013-06-04 10:04:08 UTC
Harry Forever wrote:
I have to say I'm investing into stocks since over 20 years and in addition to that I'm overseeing the european sales and production planning at the company I work, since 15 years... I'm pretty new to this game, but at the end it has the same rules.... I like this venture because you can play it on big scale, however I for sure will jump into others as well as I see them coming
Your statement attracts scepticism because during your 15 years of overseeing sales and production planning have you not gained the basic concept of researching your market before committing resources to a project?

If you had bought into something like NPC trade goods covering Electronic Parts, Hydrogen Batteries, Data Sheets, etc. before Odyssey had been deployed then you might have planted a fertile ISK seed.

Harry Forever wrote:
remember nothing is wrong with an idea, somtimes there are just not enough people to execute it.
That statement made me wince.
Harry Forever
Pandemic Horde Inc.
Pandemic Horde
#116 - 2013-06-04 11:49:56 UTC  |  Edited by: Harry Forever
Mystri wrote:
Harry Forever wrote:
I have to say I'm investing into stocks since over 20 years and in addition to that I'm overseeing the european sales and production planning at the company I work, since 15 years... I'm pretty new to this game, but at the end it has the same rules.... I like this venture because you can play it on big scale, however I for sure will jump into others as well as I see them coming
Your statement attracts scepticism because during your 15 years of overseeing sales and production planning have you not gained the basic concept of researching your market before committing resources to a project?

If you had bought into something like NPC trade goods covering Electronic Parts, Hydrogen Batteries, Data Sheets, etc. before Odyssey had been deployed then you might have planted a fertile ISK seed.

Harry Forever wrote:
remember nothing is wrong with an idea, somtimes there are just not enough people to execute it.
That statement made me wince.


you did not even understand the basic concept of reading a thread and understanding it, so how should I ever explain to you what this was about? however you are lucky, I was not expecting people like you to understand it in the first place... so I'm fine... actually you just want to be a smart ass, but don't have the courage to open your own thread about it -> therefore blocked
flakeys
Doomheim
#117 - 2013-06-04 12:09:23 UTC
Harry Forever wrote:
Singulaer wrote:
Harry Forever wrote:
remember nothing is wrong with an idea, somtimes there are just not enough people to execute it.


Why is that? Seriously... Why is that?


same reason why only 1% is rich and 99% are not, you spend to much time complaining whereas the others take action



Well your mostly complaining to the 1% here that they are wrong.



So lets make that sentence of yours : remember nothing is wrong with an idea , sometimes people are just too selfcentered to change the idea into a working idea.

We are all born ignorant, but one must work hard to remain stupid.

Mystri
#118 - 2013-06-04 12:33:01 UTC
Harry Forever wrote:
Mystri wrote:
Harry Forever wrote:
I have to say I'm investing into stocks since over 20 years and in addition to that I'm overseeing the european sales and production planning at the company I work, since 15 years... I'm pretty new to this game, but at the end it has the same rules.... I like this venture because you can play it on big scale, however I for sure will jump into others as well as I see them coming
Your statement attracts scepticism because during your 15 years of overseeing sales and production planning have you not gained the basic concept of researching your market before committing resources to a project?

If you had bought into something like NPC trade goods covering Electronic Parts, Hydrogen Batteries, Data Sheets, etc. before Odyssey had been deployed then you might have planted a fertile ISK seed.

Harry Forever wrote:
remember nothing is wrong with an idea, somtimes there are just not enough people to execute it.
That statement made me wince.


you did not even understand the basic concept of reading a thread and understanding it, so how should I ever explain to you what this was about? however you are lucky, I was not expecting people like you to understand it in the first place... so I'm fine... actually you just want to be a smart ass, but don't have the courage to open your own thread about it -> therefore blocked
Has anyone ever told you that you are conceited?
Amuntis
Cayman Island
#119 - 2013-06-04 13:38:27 UTC
I love your plan Harry!

But before I invest, how many others have invested and how much?
Raysiana
Perkone
Caldari State
#120 - 2013-06-05 05:55:37 UTC
30:20
http://www.twitch.tv/themittanidotcom/c/2379640

skiff/procurer buff incoming...