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The end of a ridiculously profitable two weeks

First post
Author
Sabriz Adoudel
Move along there is nothing here
#1 - 2013-12-03 00:04:42 UTC
Finally, the market for Oneiros hulls is correcting. I will miss making well over a billion a week making those.

Wish I'd had the capital to take even more advantage of the ridiculous price spike.

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

Billy Hix
Dreddit
Test Alliance Please Ignore
#2 - 2013-12-03 00:31:30 UTC
It was Wetware Mainframes for me. Buying mats in jita, moving to WH and building in there, shipping back. couple of billion a day. Good times.

I know its small time to most of you, but its the first time I have caught the expansion wave :-)
Sabriz Adoudel
Move along there is nothing here
#3 - 2013-12-03 01:16:39 UTC
Billy Hix wrote:
It was Wetware Mainframes for me. Buying mats in jita, moving to WH and building in there, shipping back. couple of billion a day. Good times.

I know its small time to most of you, but its the first time I have caught the expansion wave :-)



Yeah I purchased a few hundred million ISK worth of Wetware Mainframes to get in on the immediate opportunities to build Mobile Tractors while they were overpriced. Decent returns but nothing amazing, I only built tractors on lines where I didn't have the capital to keep pumping out Oneiroses anyway.

I was wrong on my other prediction for the expansion - that there would be a fall in prices of good meta 4 modules (Faint Epsilon Warp Scrambler, etc) due to mission runners looting more now that mobile tractors exist, but all I lost was a minor opportunity cost, I liquidated ~200 units of Faint Epsilon Scramblers that I had been region trading at more than I paid for them, but less than I could sell them for now. Actual profit of ~50m, as opposed to unrealised potential profits of ~120m - I can live with that. It's small beer even to me.

I'm actually still unsure what caused the surge in demand for Oneiros hulls (it's Ishtars that were being destroyed in the hundreds in nullsec wars); I just had been stockpiling Gallente ship BPCs and once I recognised the trend I set one, then two, then three, then four lines onto building them. I should have tried to secure a loan for 3-5b more ISK to be able to run all nine lines at a time; lesson learned.


Anyways, the charity drive got all my profits from this lot, so I'm still working with 7-8b of quite illiquid capital like I was pre-patch.

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

mynnna
State War Academy
Caldari State
#4 - 2013-12-03 05:03:29 UTC
Sabriz Adoudel wrote:

I'm actually still unsure what caused the surge in demand for Oneiros hulls (it's Ishtars that were being destroyed in the hundreds in nullsec wars);


I sort of needed a few.

Member of the Goonswarm Economic Warfare Cabal

Sabriz Adoudel
Move along there is nothing here
#5 - 2013-12-03 05:15:58 UTC
mynnna wrote:
Sabriz Adoudel wrote:

I'm actually still unsure what caused the surge in demand for Oneiros hulls (it's Ishtars that were being destroyed in the hundreds in nullsec wars);


I sort of needed a few.


At 197 million? When build cost is under 130m using 'fast build' decryptors (3 run ME -3 PE 0, think the name is Symmetry but not sure offhand)

Anyways they seem to be trending back toward the low 160s now. Still profitable but no longer enough for me to go crazy over them.

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

mynnna
State War Academy
Caldari State
#6 - 2013-12-03 13:06:31 UTC
Sabriz Adoudel wrote:
mynnna wrote:
Sabriz Adoudel wrote:

I'm actually still unsure what caused the surge in demand for Oneiros hulls (it's Ishtars that were being destroyed in the hundreds in nullsec wars);


I sort of needed a few.


At 197 million? When build cost is under 130m using 'fast build' decryptors (3 run ME -3 PE 0, think the name is Symmetry but not sure offhand)

Anyways they seem to be trending back toward the low 160s now. Still profitable but no longer enough for me to go crazy over them.


I sort of needed a few, right away.

Member of the Goonswarm Economic Warfare Cabal

MailDeadDrop
Archon Industries
#7 - 2013-12-03 16:51:02 UTC  |  Edited by: MailDeadDrop
mynnna wrote:
I sort of needed a few, right away.

Big smile

Lemme know if/when you need a few Augorors right away. Still have a damned big pile of them around here somewhere.

Edit: Nevermind. I seem to be down to less than 200.

MDD
Sabriz Adoudel
Move along there is nothing here
#8 - 2013-12-03 20:49:50 UTC
mynnna wrote:
Sabriz Adoudel wrote:
mynnna wrote:
Sabriz Adoudel wrote:

I'm actually still unsure what caused the surge in demand for Oneiros hulls (it's Ishtars that were being destroyed in the hundreds in nullsec wars);


I sort of needed a few.


At 197 million? When build cost is under 130m using 'fast build' decryptors (3 run ME -3 PE 0, think the name is Symmetry but not sure offhand)

Anyways they seem to be trending back toward the low 160s now. Still profitable but no longer enough for me to go crazy over them.


I sort of needed a few, right away.


Ah. Supplies for war.

I always think of you as a market speculator, not an alliance logistics person. That info puts me totally out of this market, I didn't hear of Goons getting any fleets whelped so far so presumably you won't be replacing large numbers of them.

But do flip me an EVEmail if you want more on the market, I can certainly build a few dozen if you anticipate demand again.

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

Zoltan Lazar
#9 - 2013-12-04 09:08:01 UTC
Was it a price spike in onis or a material price drop that caused this?
Sabriz Adoudel
Move along there is nothing here
#10 - 2013-12-04 10:56:16 UTC
Zoltan Lazar wrote:
Was it a price spike in onis or a material price drop that caused this?


It seems like Mynnna may have been sourcing several hundred or even thousand hulls for alliance war ops.

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

Dvesk Sunie
Doomheim
#11 - 2013-12-04 11:10:26 UTC
Sabriz Adoudel wrote:
Zoltan Lazar wrote:
Was it a price spike in onis or a material price drop that caused this?


It seems like Mynnna may have been sourcing several hundred or even thousand hulls for alliance war ops.



oneiros fleets maybe? The ultimate spider tanking setup?

Stop playing eve, start living it

mynnna
State War Academy
Caldari State
#12 - 2013-12-04 13:29:02 UTC
Sabriz Adoudel wrote:
mynnna wrote:
Sabriz Adoudel wrote:
mynnna wrote:
Sabriz Adoudel wrote:

I'm actually still unsure what caused the surge in demand for Oneiros hulls (it's Ishtars that were being destroyed in the hundreds in nullsec wars);


I sort of needed a few.


At 197 million? When build cost is under 130m using 'fast build' decryptors (3 run ME -3 PE 0, think the name is Symmetry but not sure offhand)

Anyways they seem to be trending back toward the low 160s now. Still profitable but no longer enough for me to go crazy over them.


I sort of needed a few, right away.


Ah. Supplies for war.

I always think of you as a market speculator, not an alliance logistics person. That info puts me totally out of this market, I didn't hear of Goons getting any fleets whelped so far so presumably you won't be replacing large numbers of them.

But do flip me an EVEmail if you want more on the market, I can certainly build a few dozen if you anticipate demand again.


Overseeing alliance level supply of doctrine ships (or in broader terms, the alliance's money supply & how it's used) is my day job. Market speculator is my hobby. P

Member of the Goonswarm Economic Warfare Cabal

Froggy Storm
KarmaFleet
Goonswarm Federation
#13 - 2013-12-05 07:31:14 UTC
Lol must be nice to hobby speculate more isk than I've ever managed to scrounge up. Such is the life of a space hobo. But I've got a couple ishtars running laps for me now and finally starting to dabble into the shallower end of the trading pool.