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How high to sell Recons...

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Sabriz Adoudel
Move along there is nothing here
#1 - 2015-01-06 09:25:39 UTC
Given that I will be unable to babysit orders, I'm trying to work out a pricing strategy on the several dozen Recon ships I have acquired (with the help of a loan from a certain Mr Crackers).

Are they likely to hit their maximum price a few hours before the patch, a few hours after it, or a few days?

I support the New Order and CODE. alliance. www.minerbumping.com
Jerry T Pepridge
Meta Game Analysis and Investment INC.
#2 - 2015-01-06 09:31:26 UTC
Sabriz Adoudel wrote:
Given that I will be unable to babysit orders, I'm trying to work out a pricing strategy on the several dozen Recon ships I have acquired (with the help of a loan from a certain Mr Crackers).

Are they likely to hit their maximum price a few hours before the patch, a few hours after it, or a few days?


should've thought of that long before borrowing money to do so. Roll

@JerryTPepridge
Sabriz Adoudel
Move along there is nothing here
#3 - 2015-01-06 09:40:11 UTC
Jerry T Pepridge wrote:
Sabriz Adoudel wrote:
Given that I will be unable to babysit orders, I'm trying to work out a pricing strategy on the several dozen Recon ships I have acquired (with the help of a loan from a certain Mr Crackers).

Are they likely to hit their maximum price a few hours before the patch, a few hours after it, or a few days?


should've thought of that long before borrowing money to do so. Roll




I could sell right now at a considerable profit, and already have sold some stock at considerable markup.

Optimization is the goal, not merely making my ISK back. That's covered unless there are last minute nerfs, and that's a risk I'm willing to take. I won't be banktupted if the changes are cancelled and I have to sell them low or hold them ages.

I support the New Order and CODE. alliance. www.minerbumping.com
Lord LazyGhost
Sebiestor Tribe
Minmatar Republic
#4 - 2015-01-06 09:46:57 UTC  |  Edited by: Lord LazyGhost
sell them at a price % mark up that your happy with. If you get greedy and go for max profit chances are you will miss the boat and end up looseing profit you would have been happy with and have to sell for a little less.

Been their done that my self.

Now i just make a profit iam happy with and stop watching it as you start to risk to much waiting for the perfect sale if that sale never comes along
you will always have that feeling o dam i could have made more if i waited a day longer. But you could also have made less always easy to comment in retrospect
Jerry T Pepridge
Meta Game Analysis and Investment INC.
#5 - 2015-01-06 21:09:04 UTC
laymans terms:

ladder your orders out.

1 at 200m
2 at 210m
3 at 220m
4 at 230m
4 at 230m
4 at 230m
4 at 230m
4 at 230m
4 at 230m

when u see the lower orders get eaten, they are like alarm bells or like the tide coming in.

Head to wherever u selling them and adjust prices of the 5 orders, **** gets very 0.1 isky when it hits the premium prices than the competition pancakes it. having more orders will let you adjust faster than the 5 minutes. else u will be stuck with the bag.

CTRL + Mouse Wheel lets you adjust price in the .10 instead of just the mousewheel doing 0.01

tbh, i can't see there being too much demand at first, there won't be 200man fleets of recon ships, like Battleships / cruisers / BCs. & when ppl realise the no dscan thing is exactly the same thing as a cloak, i expect they will be dropped faster than prince andrews pants at a Jeffrey Epstein gathering.

good luck

@JerryTPepridge
Sabriz Adoudel
Move along there is nothing here
#6 - 2015-01-06 23:23:05 UTC
Yeah I was thinking of doing exactly that with mine canary orders while I am logged on.

I don't see recons holding any value in the medium term but early demand is based upon perceived power level, not proven power level, and people over-value abilities that have not existed before. My intention is absolutely to sell them within the first week, possibly within the first hours after patch.

I support the New Order and CODE. alliance. www.minerbumping.com
Mark Rain
Deep Core Mining Inc.
Caldari State
#7 - 2015-01-08 11:19:51 UTC
Reminds me of the old cliche, " Buy on rumor, sell on news" .


In Eve's case, it would be buy on announcement and dump before delivery.
Pine Marten
Doomheim
#8 - 2015-01-10 13:09:33 UTC
Jerry T Pepridge wrote:
laymans terms:

ladder your orders out.

1 at 200m
2 at 210m
3 at 220m
4 at 230m
4 at 230m
4 at 230m
4 at 230m
4 at 230m
4 at 230m

when u see the lower orders get eaten, they are like alarm bells or like the tide coming in.

Head to wherever u selling them and adjust prices of the 5 orders, **** gets very 0.1 isky when it hits the premium prices than the competition pancakes it. having more orders will let you adjust faster than the 5 minutes. else u will be stuck with the bag.

CTRL + Mouse Wheel lets you adjust price in the .10 instead of just the mousewheel doing 0.01

tbh, i can't see there being too much demand at first, there won't be 200man fleets of recon ships, like Battleships / cruisers / BCs. & when ppl realise the no dscan thing is exactly the same thing as a cloak, i expect they will be dropped faster than prince andrews pants at a Jeffrey Epstein gathering.

good luck
mynnna
State War Academy
Caldari State
#9 - 2015-01-17 06:16:40 UTC
I haven't checked that closely but there was no actual material change to recons and a demand based spike should be temporary. There is more than enough capacity to meet whatever increased usage may occur, especially since much of that usage will drop off after people have tried them out for novelty and gotten bored.

In other words, sell ASAP.

Member of the Goonswarm Economic Warfare Cabal
Sabriz Adoudel
Move along there is nothing here
#10 - 2015-01-17 12:13:50 UTC
I have sold 90 percent of my stock. Shiny New Thing syndrome was real but was less profitable than I expected.

I actually made more in absolute terms from the ISK I invested in regional arbitrage trading of the components Recon ships are built from than I did from the Recon production I did. (I didn't have the capital for serious speculation).

I'm happy but not ecstatic with my results. Profits in the low ten figures from an investment in the high ten figures. Exact results not calculated but I think I turned about 8500m into about 12b, with 2b in trade profit and 1500m in production profit.

I support the New Order and CODE. alliance. www.minerbumping.com