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Gecko's? What gives?

First post
Author
Captain IQ
Innocent Traders Ltd
#1 - 2016-02-15 17:02:51 UTC
Massive run on Geckos yesterday, couldn't find any other reason bar traders liquidating them for brain meat? They're climbing back up now but I'm either mystified or misinformed.

Anyone have any other ideas?
Cista2
EVE Museum
#2 - 2016-02-15 19:02:38 UTC
I think that's it.

My channel: "Signatures" -

Steve Ronuken
Fuzzwork Enterprises
Vote Steve Ronuken for CSM
#3 - 2016-02-15 21:20:11 UTC
because when the capital changes come, they'll be useless for carriers?

Woo! CSM XI!

Fuzzwork Enterprises

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Alexi Stokov
State War Academy
Caldari State
#4 - 2016-02-15 22:54:14 UTC
Steve Ronuken wrote:
because when the capital changes come, they'll be useless for carriers?



I doubt this had much to do with it as they announced the drone/fighter change a while ago.
Sammy Jaay
Pulsar.
#5 - 2016-02-15 23:17:28 UTC
Steve, i think the capital changes were responsible for their prices to pull back from the 100m per unit a while ago.

I think the OP is talking about Jita buy orders for Geckos went down to ~21m per unit for a short period of time. They pulled back pretty quickly though.

My thoughts is that it was most likely someone(s) clearing out their Gecko stock to have more liquid ISK. Not sure if it was directly related to the Injectors because I would've thought they'd clear their Geckos well before patch day. Unless they caught on too late and made a rush at the tail end.

Maybe another large purchase they needed to make?
Alexi Stokov
State War Academy
Caldari State
#6 - 2016-02-16 00:30:26 UTC
That big drop to the 40s (where it was at when I saw it) was interesting. I hadn't been looking so I don't know if there were a bunch of buys in the 60s and then empty space to the 20s or if someone was selling and entered a terribly bad sell order with a large amount. I managed to get some geckos at 69 k each, however that was when pricing had already started moving up.
Sabriz Adoudel
Move along there is nothing here
#7 - 2016-02-16 00:34:51 UTC
Sammy Jaay wrote:
Steve, i think the capital changes were responsible for their prices to pull back from the 100m per unit a while ago.

I think the OP is talking about Jita buy orders for Geckos went down to ~21m per unit for a short period of time. They pulled back pretty quickly though.

My thoughts is that it was most likely someone(s) clearing out their Gecko stock to have more liquid ISK. Not sure if it was directly related to the Injectors because I would've thought they'd clear their Geckos well before patch day. Unless they caught on too late and made a rush at the tail end.

Maybe another large purchase they needed to make?



It's the latter. Lots of profitable large purchases to make at present.

FWIW I expect this to be repeated in a bigger way when Citadel BPOs are made available. I'm expecting PLEX to dip back into nine figures at that point - for the last time ever.

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