
Darthion Illys
Amarr Tyrans d'Or Umbrella Chemical Inc
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Posted - 2010.06.22 13:09:00 -
[1]
Originally by: Akita T Edited by: Akita T on 22/06/2010 10:44:59
Hmm... if you look at all of it carefully, it almost looks like somebody's been desperately trying to prop up Megacyte in Jita for the past 4 days or so (most heavily the past two days), because orders there are consistently going up, while the regional average keeps slipping down. In fact, same thing seems to be happening with most minerals, but it's most suspicious (or, you could say, even obvious) for Megacyte. Pyerite and Isogen in particular have HUGE volume spikes, like somebody cleaned up the market real good, and the Donchian channels of most minerals are going crazy. Tritanium and Mexallon might actually be going up due to natural causes, though.
Similar to yesterday, Jita buy/sell split is still quite big for minerals (and both noticeably above Forge), with 67,441,613 Jita sell and 65,138,194 Jita buy, while Forge average was 63,066,656. This snapshot for Monday was actually taken Tuesday early morning - seems like Forge averages on Monday afternoon were a bit higher, at 63,430,237 (see two posts above)
I've done two manips on Pyerite a few days ago, since it was a quite decent profit opening.
The first one cleared out the buy orders, and the second one pushed the price up. Those were short term manips for decently sized monetary gains.
The thing is... unless you're willing to spend (and lose) dozens of billions worth of ISK, it's almost impossible to maintain a trend on the lower end minerals. Both Pyerite and Isogen has had the market, as a whole, forcing those prices up, and not individual speculators.
Several weeks before the launch of Tyrannis, I was sharing my opinion in regards to the future mineral prices, stating an immediate drop in mineral prices as stocks were dropped and downward hype still left its mark. However, following that short term drop, we would see a long term price increase. I still hope I'm correct in that, and until a few days ago, things were truly looking as if the prices would crash, and stay crashed.
The next few days will probably give us a very good indication of where the minerals are heading atm.
PS. Megacyte recently went down big time, for completely unknown reasons. If it's picking up again, that's probably quite reasonable.
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Darthion Illys
Amarr Tyrans d'Or Umbrella Chemical Inc
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Posted - 2010.07.01 14:13:00 -
[2]
Originally by: Shar Tegral
Originally by: James Tritanius Looks like Akita would just barely squeeze through the first judgement day. Lucky bastard.
Unlucky is how I'd say it. If not for the price spike, act of god like incident, Akita would clear the mark without any worries. Now, of course, some paint my get sc****d off.
Look. Your nose is brown.
I didn't know they ran exploration trips that far into Akita's crack.
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