Market PVPPosted: 2011-07-25
One of the popular items that I sell has been slowly dropping in price due to an influx of new traders. The Jita average is about 58-59 M. Over the week, the price slowly fell below Jita prices to around 57 M.
Buyout time! I dropped 619 M and bought up the stock that was below Jita prices and reset the price to 65 M.
I’m making about 8 M per unit so I expect about 88 M of profit for all of the units. My advice to traders is to not be afraid to sink money into an item and reset the price. If there is sufficient movement, do it.