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Market Discussions

 
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To sell or not to sell
Author
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Rhys Mabigonon
Industrial Mining and Mayhem
Sigma Grindset
#1 - 2012-04-23 19:18:14 UTC
I've been amassing quite a stockpile of minerals in the last little bit and I'm tempted to sell right now, but with the patch and Hulkageddon right around the corner I've been holding back. Looking for input on whether to pull the trigger now or to sell later in the week for a possibly greater windfall.
Johnny Frecko
Federal Navy Academy
Gallente Federation
#2 - 2012-04-23 19:31:12 UTC
before the trolls:

pretty much the worst place to ask such a question :)
That's about the best answer that i can give.
Velicitia
XS Tech
#3 - 2012-04-23 19:33:02 UTC
it's your isk, risk it however you choose.

One of the bitter points of a good bittervet is the realisation that all those SP don't really do much, and that the newbie is having much more fun with what little he has. - Tippia
Liberty Eternal
The Scope
Gallente Federation
#4 - 2012-04-23 19:36:57 UTC
Every time a patch is released with game-changing effects in a set of markets, MD speculates on it. I've never known them to be wrong - I don't buy into speculations but this is not groundless, people here have been speculating heavily for a reason and they mostly know what they're doing.
Dersk
Perkone
Caldari State
#5 - 2012-04-23 19:46:31 UTC
Rhys Mabigonon wrote:
Looking for input on whether to pull the trigger now or to sell later in the week for a possibly greater windfall.


Prices will definitely bottom out this week before the changes in mineral supply have even had a chance to show themselves. Sell sell sell.
Wukulo
Brutor Tribe
Minmatar Republic
#6 - 2012-04-23 19:47:18 UTC
Rhys Mabigonon wrote:
I've been amassing quite a stockpile of minerals in the last little bit and I'm tempted to sell right now, but with the patch and Hulkageddon right around the corner I've been holding back. Looking for input on whether to pull the trigger now or to sell later in the week for a possibly greater windfall.


The trick right now is to sell just before everyone else does. Emphasis on JUST BEFORE.

Posted on main because I'm not a coward like the rest of you.
clixor
Celluloid Gurus
#7 - 2012-04-23 19:57:52 UTC

Selling has already begun yesterday. 5d moving average is bottoming out.
Vaerah Vahrokha
Vahrokh Consulting
#8 - 2012-04-23 21:08:05 UTC
It all depends on if you wanted a short term speculation opportunity or want to wait till the claimed patch minerals shortages really show.

EvE Online portal | EvE markets tutorials
Skydell
Bad Girl Posse
#9 - 2012-04-23 22:39:27 UTC
Vaerah Vahrokha wrote:
It all depends on if you wanted a short term speculation opportunity or want to wait till the claimed patch minerals shortages really show.


This.
If you are playing the market, its a good time to sell off. If you are playing the economy it is only going to get better.
Pinstar Colton
Sweet Asteroid Acres
#10 - 2012-04-23 23:59:17 UTC
People have had over a month of notice about the mineral changes and Hulkageddon. So everyone mines like crazy, including people who don't normally mine hoping to cash in. They flood the market and prices bottom out.

Will they recover to their original or higher levels? That depends on how agressive everyone is for Hulkageddon. A glut of lost ships will dry up that mineral flood quickly and return prices to where they were prior to the dump, if not higher.

On the other hand, if hulkageddon is kinda 'meh' this year, mineral prices might never return to the previous levels.


That's right, you heard it here folks. It is in the miners' best interest if hulkageddon is extra bloody this year. I love EVE economics.

In the cat-and-mouse game that is low sec, there is no shame in learning to be a better mouse.

Herping yourDerp
Tribal Liberation Force
Minmatar Republic
#11 - 2012-04-24 02:34:25 UTC
before the massive offload i would sell
Callduron
Dreddit
Test Alliance Please Ignore
#12 - 2012-04-24 08:53:23 UTC
Pinstar Colton wrote:
People have had over a month of notice about the mineral changes and Hulkageddon. So everyone mines like crazy, including people who don't normally mine hoping to cash in. They flood the market and prices bottom out.



There may be some truth in this. I'm looking at the Star Map in game with the Industry Development Index checked and there's quite a few big light blue spots in null sec. Even Deklein has 2 Industry 5s and an Industry 4 in the top corner. Who says Goons don't like miners.

I write http://stabbedup.blogspot.co.uk/

I post on reddit as /u/callduron.
clixor
Celluloid Gurus
#13 - 2012-04-24 10:55:36 UTC
Callduron wrote:
Pinstar Colton wrote:
People have had over a month of notice about the mineral changes and Hulkageddon. So everyone mines like crazy, including people who don't normally mine hoping to cash in. They flood the market and prices bottom out.



There may be some truth in this. I'm looking at the Star Map in game with the Industry Development Index checked and there's quite a few big light blue spots in null sec. Even Deklein has 2 Industry 5s and an Industry 4 in the top corner. Who says Goons don't like miners.


Those alliance mined mins in majority won't see the markets so that part of supply could be disregarded (in terms of effecting market prices). Surplus could be sold replaced by lo-ends. btw Didn't the goons need to build 1800 tornados ;)?

Furthermore, i find it hard to believe that smalltime miners are stocking up. Players do like to see a reward after a night of mining. Smart mining directors or whatever should've done that though, but again, the psychology is that they see high-market prices and take the immediate cashout. F.i. If you completed a mining op, and yield 100m at current prices, do you really think non-market experienced players say 'wait a parsec, let's wait a bit and sell it for a whopping 110m in x days"?

I for one find it all very amusing, people don't realize how fragile the market is. To give an example, in one particular market hub the difference between 6 and 5isk trit is a mere daily volume. For me personally i'm going to educate myself in trying to profit from a collapsing market ;)