I’m trying to work out the reason for the recent drops in high turnover, low price T2 modules.
Examples:
Adaptive Invulnerability Field II (or whatever it’s called now) - ~2450k to ~2000k
Light Neutron Blaster II - ~880k to ~720k
Energized Adaptive Nano Membrane (post-renaming) - ~850k to ~730k
Stasis Webifier II - also down 25%-ish
Is this a new normal, a temporary suppression of demand or spike in supply, or just someone with deep pockets dumping stock to urgently free up liquidity?
What period of time are you looking at for the value changes? 60 days? 90 days? 6 months?
Market prices are very cyclical (barring nerfs); depending on the periods you are looking at, some items may be in their natural ebb points, or coming off an unusual high (from high demand in the war ramp up, for example).
Now it’s about 10m profit on 90 units. In a market of 2500 volume a day that is still over priced.
The market looked too good or too competitive to even get into a few days ago. Now I see my instinct was right because everyone is stuck in a relisting war.
Which is obvious in the price collapse of the last 9 hours
Eh, I’m buying at the moment. I’ve got deep enough pockets to sit on stock for a while, the lower prices will push producers out of the market and there’s always end user demand for these things.
At some point if it gets low enough, I’ll buy all the stock on the market, have done that before.
I’m only sitting on about 3000 of the T2 shield hardeners at the moment. If I can do so without fireselling other assets, I’d like to pick up another 20k units while they are this cheap.
They are huge turnover items, as long as you are willing to sell for a 3% discount below ‘new fair price’ they’ll move.
Nothing like the issues I had when I bought something like 50000 T2 sentry drones during the post-nerf panic selling. Those did make ISK but were hard to sell and I ended up listing the last 20k or so as a bulk lot and taking 85% of ‘new fair price’ for them…
I was involved in manipulating T2 prices as a side effect of another manipulation I performed. This manipulation ended 90 days after the market fee changes.
I doubt I caused more than a blip as my profits were less than 2tn isk per year. I still have around 300bn of unwanted T2 products to sell and I am happy to sell them at cost cutting markets down.
I don’t know what else might cause it but I will have small effect