After months of waiting and watching, I finally cashed out on the pile of Gecko heavy drones.
I bought 326 at an average price of 50.05 M ISK. I cashed out after 219 days for a net profit of 8.83 B. The reason that I exited the market on this item was because of how the daily profit per days invested chart was trending. I missed the bubble on the market and had to settle for a average of 40.51 M ISK/day invested. The time to sell would have been before Eve Vegas.
Producing capitals still averaged out to more money on average at 50.27 M ISK/day; details on that project can be found here.
During the Capital Ship session at Eve Vegas we learned that Capital ships will no longer be able to use standard drones. This announcement sent the Gecko market into a period of high volatility given the speculative rarity of the item. Looking at the charts, it seems that the volume and return amounts are trending towards less volatility and a price around 90M.
The blue bars represent numbers that are based on finalized price data while the yellow bars represent an estimated value based on current trends.
If you have a stockpile, I would not sell at the moment. Hold on to that investment.
If you have never attended a player gathering, it is an opportunity to witness the sheer passion, altruistic spirit, and friendless of the Eve community. Along with the playerbase, many of your favorite Devs are walking around, giving you the opportunity to have a face-to-face interaction with them. I had the oppournity to personally thank CCP Seagull for her passion and dedication on delivering a renewed vision of Eve Online. Many thanks to my partner in crime for the weekend, Lockefox (@HLIBIndustry).
Witnessing Vegas first hand.
Abusing the Planet Hollywood restaurant twitter hashtag.
Front row seats for new Capital reveal.
Watching some PvP action and bidding on server blades.
Seeing the Floating Nyx model and crowds.
Cheering for Structures with CCP Nullarbor.
Sharing a drink with @CCPQuant, talking statistics, and learning Icelandic for modern inventions like ‘refrigerator’ and ‘computer’.
Witnessing the power of an open bar.
Being a guest on
— begin message —
From: Mumara Kara
Subject: Guristas Attack
Chief Executive Officers of the Caldari State,
Our agents have learned of a planned Guristas attack to test new fighter technology they have been developing.
While we have yet to learn where they will strike, we know that it will take place on YC117 01-19 @ 02:00 Eden Standard Time.
We have also learned that the Guristas have enlisted the help of Gallente Militia Capsuleer corporations to pilot capital assets in this attack.
Please inform all security forces to be on heightened alert and prepared to respond with force. We are authorizing a bounty for the capture of any prototype fighter technology.
— eof —
Please stay tuned for further details.