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Procurer Investment Fund - 50% profit guaranteed

First post
Author
RubyPorto
RubysRhymes
#41 - 2013-05-28 11:12:15 UTC  |  Edited by: RubyPorto
Harry Forever wrote:
RubyPorto wrote:
Harry Forever wrote:
not all procurer who blowup are shown on the killboards either, so they make up for that, however if they are not put on the market because investors wait for a better price, then those are not a problem for my plan



What makes you think the unreported kills and unlisted stockpiles have a linked magnitude such that one "makes up" for the other?

What makes you think the unlisted stockpiles are waiting for the same price you are?


you may as well know that the prepatch production price of the procurer was 2 million, therefore selling those procurer now would lead to a 400% profit, I hardly believe people would wait much longer to cash in right away, as you can see on the chart anyway, ca. 9 month ago there was a big increas in volume on the market, I believe most of the stock in the hangars got sold there

actually I have proof already from one of the bigger investors that the stock got sold already moths ago, however if people still want to believe there are mystery high amounts of procurer in the hangars altough they could be sold for 400% profit, yea then they need to think that way, I'm not...


So first you say that unlisted stockpiles are waiting for the same (or higher) prices as you are (thus having no effect on your business model), and now you're saying that they've all cashed out now?

9 Months ago was when the build cost was changed. That volume spike was the people wanting to build stockpiles buying (take a look at the t1 battleship markets now, the BC markets a little while ago, or the Cruiser markets around December for some examples of this).

And, of course, you can do a rough integration of the various hub markets and compare it to the production volume data that CCP released and find that (assuming every procurer sold since a month after the patch when month-long builds came out of the oven is a procurer sold to an end-user and not to a resaler) there are assuredly enormous unlisted stockpiles.


We really aren't randomly beating on you, we're trying to explain why you are wrong in your analysis of this market. You're the one taking disagreement (and evidence that probably rises to the level of "definitive proof") as a personal attack.

The Procurer market will behave as you describe. It will rebound to current build costs. It just won't do it in the time frame you describe. Just like the t1 Cruisers (I'm looking at you Ospreys), the procurer will hover around some price until it finally starts exhausting some stockpiles and then, in fits and starts, it will start its slow climb. This will almost certainly take years given how few procurers/skiffs are used and lost.

"It's easy to speak for the silent majority. They rarely object to what you put into their mouths." -Abrazzar "the risk of having your day ruined by other people is the cornerstone with which EVE was built" -CCP Solomon

Harry Forever
Pandemic Horde Inc.
Pandemic Horde
#42 - 2013-05-28 12:10:24 UTC
RubyPorto wrote:


I only did say if a stockpile was sitting in hangars it would not matter, others where so sure about it, however as I asked one of the biggest investors mentioned, i was told the stock was sold months ago, the stockpile in that trading spike came from the new production spike, if a big amount of that production is either sitting in hangars or was sold in the spike for 14 million, it still does not intervene with my plan, because i start buying at 8 million and start selling for 14 million already

its happening so I'm fine, I get my proof each day...
Sir SmashAlot
The League of Extraordinary Opportunists
Intergalactic Conservation Movement
#43 - 2013-05-28 13:47:48 UTC
I love how all this discussion assumes that mineral prices are fixed. Any trade or "investment" in this market will require locking up capital for a significant period of time. During that time there is significant risk from mineral price changes.

I can confirm that my stockpile is unlisted, and based off the numbers thrown around I should be able to hold the price down for a long time.

Good luck
Rhivre
TarNec
Invisible Exchequer
#44 - 2013-05-28 13:53:39 UTC
Harry.

", as you can see on the chart anyway, ca. 9 month ago there was a big increas in volume on the market, I believe most of the stock in the hangars got sold there"


9 months ago was when the change was announced You seem to think the increase in volume happened AFTER the change.

As you do not seem to believe me, or anyone else, even CCP, that last August was when the changes were announced....and even if you do think that, you do not seem to think investors or the market in large reacted.

Clearly, no one here on this forum, or in game knows how to read a market graph, or any devblogs however, so what do we know.
Molic Blackbird
Orion Faction Industries
Orion Consortium
#45 - 2013-05-28 13:54:32 UTC  |  Edited by: Molic Blackbird
There were at a minimum 500,000 procurers built with the old production costs. What do you think happened to all those procurers? Even if I give you a very generous 5000 used up per month, that is still 8 years before the stockpile is depleted.

I know for a fact that there are still very large stockpiles of procurers out there.
Harry Forever
Pandemic Horde Inc.
Pandemic Horde
#46 - 2013-05-28 14:16:50 UTC  |  Edited by: Harry Forever
Molic Blackbird wrote:
There were at a minimum 500,000 procurers built with the old production costs. What do you think happened to all those procurers? Even if I give you a very generous 5000 used up per month, that is still 4 years before the stockpile is depleted.

I know for a fact that there are still very large stockpiles of procurers out there.


I got the feeling lots of people are angry because they did produce this insane amount of procurers and now a newb comes in and makes profit in the market they created, where else they are stuck with their volumes

However if I keep buying for 8 million and selling for 14, i will help you to bring the prices up because at some point everybody will have purchased at 14 and prices will not go under that anymore, if that goes on for years, the better for me, however it only will take longer because I'm the only one seeing the opportunity in the existing market
X ATM092
Science and Trade Institute
Caldari State
#47 - 2013-05-28 15:56:00 UTC
What if someone .01s you? Do you buy out their procurers for 13.99999m?
Rhivre
TarNec
Invisible Exchequer
#48 - 2013-05-28 16:08:02 UTC
Harry Forever wrote:
Molic Blackbird wrote:
There were at a minimum 500,000 procurers built with the old production costs. What do you think happened to all those procurers? Even if I give you a very generous 5000 used up per month, that is still 4 years before the stockpile is depleted.

I know for a fact that there are still very large stockpiles of procurers out there.


I got the feeling lots of people are angry because they did produce this insane amount of procurers and now a newb comes in and makes profit in the market they created, where else they are stuck with their volumes

However if I keep buying for 8 million and selling for 14, i will help you to bring the prices up because at some point everybody will have purchased at 14 and prices will not go under that anymore, if that goes on for years, the better for me, however it only will take longer because I'm the only one seeing the opportunity in the existing market



They are sitting on their procurers because they think selling under current build cost (if they sell at 14m) is not feasible....and they dont need the isk

As X ATM said...what are you plannning to do if someone lists at 10m? buy them out?

The investment fund request should not be for buy orders, it should be to clear the sub-20m Procurers off the market
Harry Forever
Pandemic Horde Inc.
Pandemic Horde
#49 - 2013-05-28 16:58:49 UTC
X ATM092 wrote:
What if someone .01s you? Do you buy out their procurers for 13.99999m?


I'm an investor, if I sell something I sell it at that price, I do not look at the .01 changes, those are daytraders never making a profit over the long run, in real life not different as in a game, but please don't freak out on this comment now, there are good books about this topic trust me
Sir SmashAlot
The League of Extraordinary Opportunists
Intergalactic Conservation Movement
#50 - 2013-05-28 17:21:24 UTC
Harry Forever wrote:
X ATM092 wrote:
What if someone .01s you? Do you buy out their procurers for 13.99999m?


I'm an investor, if I sell something I sell it at that price, I do not look at the .01 changes, those are daytraders never making a profit over the long run, in real life not different as in a game, but please don't freak out on this comment now, there are good books about this topic trust me


I could not disagree more with this comment both for EVE and RL. But to make a market you need different opinions, hence I am happy that you have the point of view that you do.
Molic Blackbird
Orion Faction Industries
Orion Consortium
#51 - 2013-05-28 17:28:04 UTC
Harry Forever wrote:

I got the feeling lots of people are angry because they did produce this insane amount of procurers and now a newb comes in and makes profit in the market they created, where else they are stuck with their volumes

However if I keep buying for 8 million and selling for 14, i will help you to bring the prices up because at some point everybody will have purchased at 14 and prices will not go under that anymore, if that goes on for years, the better for me, however it only will take longer because I'm the only one seeing the opportunity in the existing market



I did produce a lot of procurers and I'm not angry about this in the least. If some newb wants to buy them all up for profit, he is welcome to try.

While you might be able to sell a handful of Procurers at 14m ISK for years, I doubt you would be able to expand it to work on a mass scale. It would take hundreds of billions of ISK if not trillions to buy up all the excess procurers to keep the price close to current build cost. Then it would take a decade to sell them all off.

Harry Forever
Pandemic Horde Inc.
Pandemic Horde
#52 - 2013-05-28 18:03:04 UTC  |  Edited by: Harry Forever
Molic Blackbird wrote:
Harry Forever wrote:

I got the feeling lots of people are angry because they did produce this insane amount of procurers and now a newb comes in and makes profit in the market they created, where else they are stuck with their volumes

However if I keep buying for 8 million and selling for 14, i will help you to bring the prices up because at some point everybody will have purchased at 14 and prices will not go under that anymore, if that goes on for years, the better for me, however it only will take longer because I'm the only one seeing the opportunity in the existing market



I did produce a lot of procurers and I'm not angry about this in the least. If some newb wants to buy them all up for profit, he is welcome to try.

While you might be able to sell a handful of Procurers at 14m ISK for years, I doubt you would be able to expand it to work on a mass scale. It would take hundreds of billions of ISK if not trillions to buy up all the excess procurers to keep the price close to current build cost. Then it would take a decade to sell them all off.



i think people underestimate how "fast" we will burn through overstock, also investors tend to sell at the higher price if it was seen already on the market, looking at the retriever 1 year price chart I assume the procurer price will go the same way if we pump it up at some point, it will not go back, you see the stairs in the price chart of the retriever, it does not fall below that much, if one stair is made, there was also huge overstock... 250 billion i would have estimated to swing the procurer to the 14 million and after that it will go on up itself, we just would have needed to buy up the existing 8 to 10 million procurers on the market

however, like warren buffett did say: “be fearful when others are greedy and greedy when others are fearful”

it seems all where greedy at the same time producing those procurers, and now all are fearful because of the overstock

we could have done it, I'm sure...
Rhivre
TarNec
Invisible Exchequer
#53 - 2013-05-28 18:05:40 UTC  |  Edited by: Rhivre
The difference between a retriever and a procurer, and why the price normalised on one faster than the other, is fairly clear in the devblogs.

People overestimated how many pilots would fly the procurer, as unsurprisingly people chose yield, or hold over tank.

Run a procurer through EFT with max skills and see what tank you can get, and then do the same with the retriever or covetor

Fearful != Waiting until the price is above build cost.
Kara Books
Deal with IT.
#54 - 2013-05-28 20:54:05 UTC
16K procurers and counting, my payoff looks Massive.

P.S.
Blackbird, 0/ I miss your Auction Mondays! come back man we miss you in the ships channel.
flakeys
Doomheim
#55 - 2013-05-29 13:06:53 UTC
Harry Forever wrote:
Samroski wrote:
Drythar Starthra wrote:

I could go on. But the fact of the matter is one of two things;

A: Your not really looking for investors, bored and your trolling like a mad man.

or

B: Your one of those complete idiots who thinks they know it all. And have put forth the worst laid scam plans ever.

A


its strange to accuse somebody for trolling while you are the only one trolling, its like you can not see what you are doing and just telling the others they are to blame for your own wrongdoings, all of those comments and future comments will be ignored from those characters, because i do not have time for this... however if somebody comes up with some thoughtful opinions I will have a look at those



HAahhahaaa hahahaa aa aaahhhhhhhhh , best irony overload in ages.

Thanks for at least putting a smile on my face there.

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

Andres Talas
Center for Advanced Studies
Gallente Federation
#56 - 2013-05-29 14:20:08 UTC  |  Edited by: Andres Talas
Harry Forever wrote:


i think people underestimate how "fast" we will burn through overstock


Nope.

We'll burn through it really, really slowly.

See, Im now in Brave Newbies, a corp with perhaps the most stupid miners in New Eden (1)

We have lost 157 mining barges in the last month.

http://eve-kill.net/?a=corp_detail&crp_id=316324&view=losses&m=5&y=2013&scl_id=12

Now, after getting consistently ganked, most miners will either

1. Give up and go somewhere safer,

2. Get some more skill points and use a tech 2 mining ship, or

3. Use a higher efficiency miner and be more prepared to dock up when reds are in system, as the isk/hour remains the same.

In all of these cases, they dont need to get a new mining ship.

Its only a stupid, stupid miner that keeps losing tech 1 miners in the same way.

And thats why the stockpile of mining ships remains more or less the same.

Yeah, you can play the market in Procurers and Retreivers, 0.01 isking buy and sell orders. Its a market.

But various people did indeed overproduce procurers, and these people - if the spread comes enough - will stomp your market into the dirt.

(1) I feel this is harsh but fair. If you dont believe me, go to Ussad and watch the stupid, stupid things stay in belts while neutrals are in system. Then, look at dotlan, and find a system that is surrounded by losec to intimidate war targets, but is 0.5 or better for Concord protection against losec types.

Oh, and if someone thinks BNI's miners arent more stupid than dirt, can someone kindly explain

http://eve-kill.net/?a=kill_detail&kll_id=17796958
Harry Forever
Pandemic Horde Inc.
Pandemic Horde
#57 - 2013-05-29 16:01:11 UTC
Andres Talas wrote:


check out this site http://zkillboard.com/ search procurer go on losses then on history, you see 800 die each month just on this killboard, I assume that not all are showed there, so my prediction is 2000 die each month because, the manufacturing market was 2000 units every month consistent over a year before the changes have been announced

as we see more players come to the game the number will go up, I also think that more people use those procurers for ninja mining in low or nullsec because they are cheap at the moment, so I'm still not convinced, also no procurers are produced at the moment so all additional procurers who blow up are directly used from the overstock, 2 years max i would say, and the prices go up before that, but lets see how it turns out...
Rhivre
TarNec
Invisible Exchequer
#58 - 2013-05-29 16:32:08 UTC
Surely more people use them for mining in lowsec/null because they actually have a tank?

Even in highsec, you can afford to lose 1 retriever a day and still be profitable.

Any T1 barge is a throwaway barge.
Andres Talas
Center for Advanced Studies
Gallente Federation
#59 - 2013-05-29 20:18:54 UTC
Harry Forever wrote:
Andres Talas wrote:


check out this site http://zkillboard.com/ search procurer go on losses then on history, you see 800 die each month just on this killboard, I assume that not all are showed there, so my prediction is 2000 die each month because, the manufacturing market was 2000 units every month consistent over a year before the changes have been announced

as we see more players come to the game the number will go up, I also think that more people use those procurers for ninja mining in low or nullsec because they are cheap at the moment, so I'm still not convinced, also no procurers are produced at the moment so all additional procurers who blow up are directly used from the overstock, 2 years max i would say, and the prices go up before that, but lets see how it turns out...


Harry,

The vast majority of gankers have their API automatically loading up killboards these days. Killboards are accurate. Its 800 a month.

Yes, a proportion of new players are stupid, stupid miners who will get some mining barges ganked doing ninja mining in losec, until they realise what a totally dumbshit idea it is and stop (or - if they are vaguely intelligent - do it in a freaking wormhole that has a surplus of ABCs and an acute lack of roaming gangs).

Speaking of really, really dumb people, theres also the 'I mined it myself so its free' manufacturers, and some of them will be building procurers - because anyone dumb enough to think minerals they mined are free is also dumb enough to buy a procurer blueprint and make them. My guess is we'd probably get a couple of hundred procurers a month built by these guys.

So .... feel free to buy peoples pre-patch procurer stock off them. But dont expect a lot of investors.

Note I had the same argument with someone a couple of months back about logi frigs.

If you do want to go long on a T1 cruiser, look for popular ones that get blown up a lot, and are still available in bulk sales. Read patch notes and figure if they are going to get buffed, or at least not nerfed, and then go long on them.
Harry Forever
Pandemic Horde Inc.
Pandemic Horde
#60 - 2013-05-29 22:17:45 UTC  |  Edited by: Harry Forever
Andres Talas wrote:
Harry Forever wrote:
Andres Talas wrote:


check out this site http://zkillboard.com/ search procurer go on losses then on history, you see 800 die each month just on this killboard, I assume that not all are showed there, so my prediction is 2000 die each month because, the manufacturing market was 2000 units every month consistent over a year before the changes have been announced

as we see more players come to the game the number will go up, I also think that more people use those procurers for ninja mining in low or nullsec because they are cheap at the moment, so I'm still not convinced, also no procurers are produced at the moment so all additional procurers who blow up are directly used from the overstock, 2 years max i would say, and the prices go up before that, but lets see how it turns out...


Harry,

The vast majority of gankers have their API automatically loading up killboards these days. Killboards are accurate. Its 800 a month.

Yes, a proportion of new players are stupid, stupid miners who will get some mining barges ganked doing ninja mining in losec, until they realise what a totally dumbshit idea it is and stop (or - if they are vaguely intelligent - do it in a freaking wormhole that has a surplus of ABCs and an acute lack of roaming gangs).

Speaking of really, really dumb people, theres also the 'I mined it myself so its free' manufacturers, and some of them will be building procurers - because anyone dumb enough to think minerals they mined are free is also dumb enough to buy a procurer blueprint and make them. My guess is we'd probably get a couple of hundred procurers a month built by these guys.

So .... feel free to buy peoples pre-patch procurer stock off them. But dont expect a lot of investors.

Note I had the same argument with someone a couple of months back about logi frigs.

If you do want to go long on a T1 cruiser, look for popular ones that get blown up a lot, and are still available in bulk sales. Read patch notes and figure if they are going to get buffed, or at least not nerfed, and then go long on them.


there are no dumb people, there are just people who do not understand others, therefore calling them dumb all the time

actually you are using the word dump and stupid too often in my opinion...

however the procurer demand was 2000 before the patch, steady over a year, so burn through rate will be quite good