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Salpad
Carebears with Attitude
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Posted - 2009.09.17 15:20:00 -
[1]
Quick and general question, to those of you who are in the small rigs market, or sell or trade small rigs: Have the prices settled down?
-- Salpad C.E.O., Carebears with Attitude |
Yarinor
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Posted - 2009.09.17 16:11:00 -
[2]
Price History... look at the graph
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Trebor DeCaldar
Caldari Deadspace Excavations
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Posted - 2009.09.17 16:51:00 -
[3]
They should be higher, but the if I salvage it it is free crowd is in effect
Originally by: Hoo Is Siigari lost a ship...
In other news, water is wet, fire is hot, and bacon is delicious
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Dariah Stardweller
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Posted - 2009.09.17 17:02:00 -
[4]
Originally by: Trebor DeCaldar They should be higher, but the if I salvage it it is free crowd is in effect
If you think they are too low, buy them up and relist them at the proper price.
God, I hate these MD cliches....
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Dretzle Omega
Caldari Global Economy Experts Stellar Economy Experts
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Posted - 2009.09.17 17:42:00 -
[5]
Edited by: Dretzle Omega on 17/09/2009 17:42:02
Originally by: Dariah Stardweller
Originally by: Trebor DeCaldar They should be higher, but the if I salvage it it is free crowd is in effect
If you think they are too low, buy them up and relist them at the proper price.
God, I hate these MD cliches....
Except that to do that would only reward those that put it at the price too low. They keep salvaging and building and relist below your price. You lose with that effort.
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Salpad
Carebears with Attitude
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Posted - 2009.09.17 17:47:00 -
[6]
Originally by: Yarinor Price History... look at the graph
I'm not asking about specific small rigs, but about small rigs in general.
-- Salpad C.E.O., Carebears with Attitude |
Von Jupiter
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Posted - 2009.09.17 18:31:00 -
[7]
It depends. For some, the prizes are almost the same as medium rigs (thought it's medium rig that is unbalanced) for some... The prizes have however settled down (the more quantity, the better the settling so to say) but I must admit, they aren't especially low atm.
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Paul Clavet
Suddenly Ninjas Tear Extraction And Reclamation Service
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Posted - 2009.09.17 18:54:00 -
[8]
Originally by: Dretzle Omega Except that to do that would only reward those that put it at the price too low. They keep salvaging and building and relist below your price. You lose with that effort.
"Waaaah! The supply-side price curve is lower than I think it should be!" ---- Suddenly Ninjas Blog: My Loot, Your Tears
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zombeee
Caldari State War Academy
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Posted - 2009.09.17 20:28:00 -
[9]
Originally by: Paul Clavet "Waaaah! The supply-side price curve is lower than I think it should be!"
But it gets absurd when you're better off selling the salvage directly. Everybody loses (except the consumer of course)
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Dretzle Omega
Caldari Global Economy Experts Stellar Economy Experts
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Posted - 2009.09.17 20:43:00 -
[10]
Originally by: Paul Clavet
Originally by: Dretzle Omega Except that to do that would only reward those that put it at the price too low. They keep salvaging and building and relist below your price. You lose with that effort.
"Waaaah! The supply-side price curve is lower than I think it should be!"
Reread my post. I wasn't complaining, as you are implying. I was pointing out to the poster I quoted that their technique wouldn't work. In fact, I am not involved in rigs or salvage in any way yet, so I don't care. Which is why the rest of my post said walk away from the product and find elsewhere where you can make money.
/facepalm at people responding before thinking.
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Aria Gallaine
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Posted - 2009.09.17 21:26:00 -
[11]
My anecdotal is that they're down quite a bit but could go down further in some places.
Don't rigs have perfect refine? I've never scrapped one, but that was my understanding. So wouldn't people listing them below cost be handing out free money to recyclers?
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The Punished
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Posted - 2009.09.18 00:01:00 -
[12]
WoW what a bunch of idiots, small rigs according to ccp are supposed to be 500k to 1 mill per rig.. The price needs to fall some more. I am going to call the whambulance for the rest of you.
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adriaans
Amarr Ankaa. Nair Al-Zaurak
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Posted - 2009.09.18 00:20:00 -
[13]
small rigs can fall some more, MEDIUM rigs can get MUCH lower (with a few exceptions) -sig- Support the introduction of Blaze crystals for Amarr!
Originally by: UMEE if ure another fotm re-roller, then dont pvp. you'll fail.
QFT! |
Alice Celadon
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Posted - 2009.09.18 00:26:00 -
[14]
Arg. Silliest thread ever.
Salpad: you may as well be asking MD for free isk. If you had a specific question ("I priced out small cargo opt. rigs and they're below build cost...any thoughts?") it might be worth MDs time. Your question is "I want to know whether to buy/sell small rigs right now. Please give me a full market analysis." That's like going to a C&P thread and typing "Can anyone tell me where they're going to solo roam tomorrow and what their ship/fit will be?"
From that point, the thread started assuming that small rigs are selling below salvage costs, followed by a "freetards" rant, followed by the last few posts which imply that the rigs are overpriced.
Let me vainly try to settle this once and for all: if you find something "below buy order manufacturing material costs, omgs!" check again. Make sure the volume of those buy orders is sufficient to liquidate it. Make sure that the item is selling in any reasonable quantity, and hasn't become unpopular, but still marketable at above refine price. Then buy and relist at a higher price, but do NOT twist up your panties and come post here.
Early in my trading career there were dozens of times where I sold old stock at a loss while buying into something much more profitable. With the exception of one instance, it was ALWAYS the right decision. Volatility in a trend-based market is high. High volatility leads to cut-my-losses trading strategies. Regardless of volatility and better opportunities, it's sometimes best to kill off smaller competitors by taking a loss for a while (In eve it only takes about 3 days to scare people away for 14. Ever been the sole supplier of something in Jita? It's sooo cool.). Process it.
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Salpad
Carebears with Attitude
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Posted - 2009.09.18 07:52:00 -
[15]
I'm not a trader any more, actually. Just a buyer, curious to know whether it is time to buy some small rigs for my own use and for the members of my corp, or if I should wait another month or two until the prices hit the point that CCP meant them to hit: 4% (1/25) of the price of large rigs.
-- Salpad C.E.O., Carebears with Attitude |
Dariah Stardweller
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Posted - 2009.09.18 08:25:00 -
[16]
Originally by: Dretzle Omega Edited by: Dretzle Omega on 17/09/2009 17:42:02
Originally by: Dariah Stardweller
Originally by: Trebor DeCaldar They should be higher, but the if I salvage it it is free crowd is in effect
If you think they are too low, buy them up and relist them at the proper price.
God, I hate these MD cliches....
Except that to do that would only reward those that put it at the price too low. They keep salvaging and building and relist below your price. You lose with that effort.
If that is true than the price isn't "too low" now is it? And he knows that too, otherwise he would have bought them up already.
It's just another whine of ppl who can't make insane instant profits on something that everybody can make. Boohoo
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Crylnish Hlar
Vultus Intentus Constructum Sons of RA
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Posted - 2009.09.18 14:33:00 -
[17]
Gauging the reaction to small/medium rigs introduction in my alliance I believe they may in fact end up marginally below their intended value (assuming "real" traders don't notice the low prices and buy them up). As the build requirements are so low theres been alot of newer players looking to "get into rigs" using their mission loot - beliving that by performing the production they'll increase their profits, however as they're not running the numbers through a spreadsheet etc they're shooting themselves in the foot.
Add to that the fact that many of these new traders will have little experience in marketing stratergies (i.e. 0.01 wars Vs. large price drops) and the price could be 10-20% "too low". All of this should scream to the traders "buy me, buy me" so overall the price will probably stabilise where CCP wants it. Cyrl
http://eve.battleclinic.com/killboard/signature.php/string,Crylnish%20Hlar/tpl,amarr3/signature |
Bud Tugly
Empire Arms Dealers
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Posted - 2009.09.18 16:14:00 -
[18]
Here, buddy, I'm going to fix your signature for you. Lets see if you can figure it out all by yourself now. ------------
------------ I hate seeing unlinked URL's on the forums. Its not that hard.
Sorry, off topic, I know.
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Kazuo Ishiguro
House of Marbles
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Posted - 2009.09.18 16:33:00 -
[19]
Originally by: zombeee
Originally by: Paul Clavet "Waaaah! The supply-side price curve is lower than I think it should be!"
But it gets absurd when you're better off selling the salvage directly. Everybody loses (except the consumer of course)
Ssh, don't tell people about that! They might buy up rigs just to reprocess them and sell the components! --- 34.4:1 mineral compression ISRC Racing, Season 7 - schedule |
Selene D'Celeste
Caldari The D'Celeste Trading Company ISK Six
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Posted - 2009.09.18 20:36:00 -
[20]
Originally by: Kazuo Ishiguro
Originally by: zombeee
Originally by: Paul Clavet "Waaaah! The supply-side price curve is lower than I think it should be!"
But it gets absurd when you're better off selling the salvage directly. Everybody loses (except the consumer of course)
Ssh, don't tell people about that! They might buy up rigs just to reprocess them and sell the components!
Quoted for hilarity =)
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Dretzle Omega
Caldari Global Economy Experts Stellar Economy Experts
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Posted - 2009.09.18 20:52:00 -
[21]
Edited by: Dretzle Omega on 18/09/2009 20:54:49 Edited by: Dretzle Omega on 18/09/2009 20:54:19
Originally by: Dariah Stardweller If that is true than the price isn't "too low" now is it? And he knows that too, otherwise he would have bought them up already.
Yeah, if the price is "too low" because someone counts "I salvage it myself so it's free", and your strategy is to buy it up and relist it higher, that same person will keep producing below supply parts cost and you still can't sell your higher priced parts. You would be stuck.
EDIT: I'm not complaining here. I don't do anything with salvage/rigs. I'm just pointing this out.
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Dariah Stardweller
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Posted - 2009.09.19 14:34:00 -
[22]
Originally by: Dretzle Omega Edited by: Dretzle Omega on 18/09/2009 20:54:49 Edited by: Dretzle Omega on 18/09/2009 20:54:19
Originally by: Dariah Stardweller If that is true than the price isn't "too low" now is it? And he knows that too, otherwise he would have bought them up already.
Yeah, if the price is "too low" because someone counts "I salvage it myself so it's free", and your strategy is to buy it up and relist it higher, that same person will keep producing below supply parts cost and you still can't sell your higher priced parts. You would be stuck.
If you are unable to sell your goods at a certain price then there simply is no demand for your goods at that price (or no demand for the item at all ofcourse ).
Now what does that mean? That means that your prices in that case are too high, not that your competitors prices are too low.
And if I found a crapload of rigs that where 20% under build cost I would buy them up instantly, reprocess them and sell the parts. Of course I'm not going to dabble in a market where there is a huge supply that is under production cost.
"But that would put downwards pressure on salvage prices!" I can hear ppl scream. Well, yes, it just might, and if the effect was large enough it would bring down salvage prices to a level where the rigs aren't produced below production cost. Ah, the wonderful world of supply and demand.
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Will Strafe
Caldari Overview Glitch
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Posted - 2009.09.19 15:32:00 -
[23]
Theres probably huge stocks of the before worthless salvage that needs to be burned through before small rigs start to reach a new and higher equilibrium.
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