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Ariel Demon
Blue Republic
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Posted - 2009.11.18 17:02:00 -
[1]
Edited by: Ariel Demon on 18/11/2009 17:47:50
<-- accidental Turiel alt post
 Originally by: Dahkare Raynor
Anyone notice that the platinum market has shot up to 2400 Sell/2000 Buy.(like within 12 hours)
It had been hovering @ 1880 Sell/1800 Buy.
Thoughts?
I expect it's just another small-ish scale manipulation, there's a lot of them around like the racial armor plates I mentioned the other day. Neodymium also jumped by another 1K, but that was pretty much expected given the steady sequence of rises its been showing - chromium had decent rise too but the buy orders pretty much all got killed fairly quickly by people off-loading stock.
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Ariel Demon
Blue Republic
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Posted - 2009.11.19 01:32:00 -
[2]
Originally by: Dahkare Raynor
Platinum market seems to be going down again. There's just no demand for it as is. Pure speculation increased the price by over 1000/unit(from 18-28). Amazing to watch, Cashed in on about 150mil.
Dunno what market you're looking at but Jita Plat just saw a buying-spree/manipulation in the last 48 hours that took sell orders up from 1900 to 2800, and buy orders are over 2000. It's quite possible that it's gone up too high and will subsequently stall and crash again, but I expect plat will stay over 1500 at least until dominion hits - probably higher - and then it will rise some more.
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Ariel Demon
Blue Republic
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Posted - 2009.11.19 21:48:00 -
[3]
Originally by: corestwo
So has it occured to anyone that CCP might go "man we don't like all this speculation" and **** everyone by changing things at the last minute without putting it on Sisi? 
Of course.
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Ariel Demon
Blue Republic
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Posted - 2009.11.21 11:50:00 -
[4]
Originally by: Turiel Demon
Originally by: Cista2
Originally by: Dahkare Raynor
I definitely agree with you on neodymium. I bought some more @ 9k the other day because I agree with you. It seems like a very stable counter part to technetium. Especially if they decide to Nerf just technetium.
Unless some large loads are dumped on the market, Neodymium will jump to 20k within the next 3 days.
I see what you mean, but I think it might overshoot by going to 20k, a safer level would be 14-15k I imagine, 20 will draw out too many people wanting to cash out just like with technetium last weekend.
[highfive]
15k looks to be a good level, it should hold out for at least a day or so even with relatively low volumes on sale, and will let buy orders creep up a bit without the immediate jolt of 20k causing a ricochet. Even a stabilization at 15 seems possible, though I suspect it will still head to 20k by the end of the week even if this weekend doesn't see it happen.
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