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Small timer just trying to understand tactics
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Cinder Bock Hakuli
Brutor Tribe
Minmatar Republic
#1 - 2013-05-22 13:43:40 UTC  |  Edited by: Cinder Bock Hakuli
Hello MD,
I am fairly new to trading and I am still really just trying to get my operation off the ground floor. However I have been watching a few markets and recently someone made what I would consider a fairly large move. This trader placed buy order for several hundred billion at a price per unit of only 10 isk below selling price. I am just trying to understand what the end goal may be. Any assistance with this would be greatly appreciated. Thank you for your time.

V/R,
Cinder
Tiven loves Tansien
Doomheim
#2 - 2013-05-22 14:47:50 UTC
What item
Cinder Bock Hakuli
Brutor Tribe
Minmatar Republic
#3 - 2013-05-22 15:47:18 UTC
Isogen
Thur Barbek
Republic University
Minmatar Republic
#4 - 2013-05-22 16:13:26 UTC
I would bet that it is a trader trying to cause a spike or buying up minerals for patch speculation.
Adunh Slavy
#5 - 2013-05-22 16:27:53 UTC
Sure that is 10 ISK or did you mean 0.10 ISK?

If you see an active market with a spread grater than 10 ISK for isogen, I'd put a buy there too.

Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves.  - William Pitt
Cinder Bock Hakuli
Brutor Tribe
Minmatar Republic
#6 - 2013-05-22 17:46:12 UTC
Yes sir, that was my mistake. It was .10isk.