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PLEX Sale Incoming

Author
Koniforous
Tauren Transit
#1 - 2015-04-22 12:08:24 UTC
I have noticed plex prices have began rising in anticipation of returning pilots (SKINS!) and would like to impart some of my experiences buying and selling plex.

I have noticed that before a major patch (SKINS!!!) plex prices will begin sky rocketing into the 850s, even 900s. I believe this to be largely speculative movement (investors).

Once a patch hits the prices rise even faster. I suspect this is because consumers (returning pilots buying plex to resub) begin dipping supply.

Approximately 10 days after a big patch hits (almost like clockwork) ccp hosts a plex sale. The market floods with plex and prices rapidly crash within only a few days.

However, once the prices crash investors begin purchasing again and choke the supply unbelievably thin and the plex sale ends. At this point prices hit huuuuuge values but only for a very short time.

The profit opportunities are a couple weeks before a patch (invest).
A few days before the patch hits (sell).
A few days after the 10day-post-patch plex sale crashes the market (invest).
Approximately 1week after the plex sale ends and the supply chokes (sell, FAST).


Be aware that these are in no way definitive facts, and you should always use your best judgement when investing regardless of what others say.

This is, however, how i was able to make a couple billion during patches, with a very small amount of isk invested into plex (~15bil).
Akrasjel Lanate
Immemorial Coalescence Administration
Immemorial Coalescence
#2 - 2015-04-22 12:31:37 UTC
Why not AUR sales incoming Roll

CEO of Lanate Industries

Citizen of Solitude

GankYou
9B30FF Labs
#3 - 2015-04-22 12:47:28 UTC
That would be reasonable, Koniforous. But we already have a thread on plex in this very forum. P
Koniforous
Tauren Transit
#4 - 2015-04-22 12:53:07 UTC
Akrasjel Lanate wrote:
Why not AUR sales incoming Roll

I am unfamiliar with the aurum market/sales, but would guess there will be a sale also (SKINS!!!!)
Rain6637
GoonWaffe
Goonswarm Federation
#5 - 2015-04-25 08:39:25 UTC
Koniforous
Tauren Transit
#6 - 2015-04-25 17:43:13 UTC
Rain6637 wrote:
That's a lot of effort and capital for 10%

Definitely a lot of capital, but I always liked it because it was so effortless.
GankYou
9B30FF Labs
#7 - 2015-04-26 12:39:17 UTC
Koniforous wrote:
Rain6637 wrote:
That's a lot of effort and capital for 10%

Definitely a lot of capital, but I always liked it because it was so effortless.


And here I am, working my ass off for 10% in Zydrines. X
u3pog
Ministerstvo na otbranata
Ore No More
#8 - 2015-04-26 13:57:23 UTC
Rain6637 wrote:
That's a lot of effort and capital for 10%


Depends on the amount of cash...10% of 100 billion is not so bad, considering the daily volumes of PLEX sales (you could easiliy make that profit in like day or two). Now put 200 bil. P I am sure that's nothing for Koniforous ;)