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blankseplocked CN cruise launcher contract manipulation
 
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Chu Ran
Caldari
Perkone
Posted - 2011.09.03 07:05:00 - [1]
 

Anyone notice the ongoing manipulation attempt for CN cruise missile launchers? Looks like someone bought out all the launchers and listed a MASSIVE number of these for sale for 70+ mil on contracts (normal price is around 45 mil apiece).

Would be interested to hear opinions on whether this can be profitable given the higher cost of selling through contracts and also on how long it will take for the contract market to react and bring the price back down.

Are contract manipulation generally more effective than regular market manipulation because of the lack of historical data ingame?

Umad Bro Questionmark
Posted - 2011.09.03 07:30:00 - [2]
 

I guess it's no big secret...

Two weeks ago I wanted some Caldari Navy Ballistic Control Systems off the same mentioned contracts however the price was around 96+ each. One day before that they were at 84,5 and today as I see it they are at ~92 ish.

Anyway, I kinda got angry cuz I had to pay more because a jackass like this did this to me so now when I managed to acquire some funds, I bought the first CN item that came to my mind (and it was not the BCS) - which is the Launcher.

I don't really care if I will make a profit or not I just wanted to be a hater and hate like I got hated upon. But at the way things are going at the moment the profit will be decent unless someone floods the market. But then hey... maybe I have the capital to buy those too.

Shar Tegral
Posted - 2011.09.03 11:22:00 - [3]
 

Originally by: Chu Ran
Are contract manipulation generally more effective than regular market manipulation because of the lack of historical data ingame?
In a nutshell, yes.
Expanded answer, yes.

stoicfaux
Gallente
Posted - 2011.09.03 16:08:00 - [4]
 

Edited by: stoicfaux on 03/09/2011 16:38:43
Edited by: stoicfaux on 03/09/2011 16:09:47

Tag prices have been increasing dramatically.

Using jita prices from yesterday, if you sold the CN Cruise Launchers from a 5 run BPC for 45M then you're looking at:
* tag buy price: ~535 lp/isk conversion rate
* tag avg price: ~390 lp/isk
* tag sell price: ~240 lp/isk

At 70M per launcher:
* tag buy price: ~1925 lp/isk conversion rate
* tag avg price: ~1775 lp/isk
* tag sell price: ~1630 lp/isk

45M for a CN launcher is way under priced nowadays.


edit: For CN BCUs, a 92M price translates to ~1300 lp/isk using average tag prices from yesterday.

edit2: And a 1,000 lp/isk conversion rate on the launchers requires a sell price of ~56M at average tag prices.


Kara Books
Posted - 2011.09.04 15:51:00 - [5]
 

Let the kids make a few extra million... whats so bad about it?

corestwo
Goonfleet Investment Banking
Posted - 2011.09.05 15:52:00 - [6]
 

Edited by: corestwo on 05/09/2011 15:52:00
I deal in faction goods like this and Caldari Navy is a popular faction amongst goons.


I'll let you decide what, if anything, I'm implying. Laughing


 

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