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 Posted: Fri Jul 27, 2007 6:30 pm
Agh, no update will occur today.
The Marketplace has slowed down drastically today and none of the items are selling. I could post a current pricing but I'm watching some of the items prices I purchased drop under what I paid so I currently pulled them from the market.
I won't sell them for less than I paid, I'll hold out until the prices rise again.
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Posted: Fri Jul 27, 2007 8:06 pm
sure thing, captain zedd!
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Posted: Sat Jul 28, 2007 6:33 am
Update Three. Day Four of sales:
Zeddicuus:
Original Total Value: 225,500gp
Last Update Total Value: 239,500gp
Current Funds: 32,000gp
Items (listed at cost):
OMFG - 88,000
Guitar of Demon - 92,000
Whip of Ice 31,000
Scar of Hero - 22,000
Current Total Value: 265,000
Profits so far: 40,000
Grual:
Original Total Value: 158,750gp
Last Update Funds: 167,500gp
Current Funds: 120,000
Items (listed at cost):
Whip of Ice - 31,000
Scar of Hero - 22,000
Current Total Value: 173,000
Profits so far: 14,250
Unfortunately for Grual, the misprice I made with the Gauntlet slowed him down considerably. The Market for the Demona crashed pretty bad shortly after I bought each one, and stayed down for two days. It's on the rise again, and Grual sold his. He should start catching up again. I'm avoid Demonas for a while until they stabilize more. Sorry GR sad
Don't forget this account has more gold, which does allow for more items should one get locked like that. But I figure overall I'm doing pretty good.
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Posted: Sat Jul 28, 2007 7:26 am
Zeddicuus I can see where it is confusing, but once I explain my logic(illogic?) it will hopefully make more sense. With four people in this, I have a crap load of money. 384,250 to be exact. Now, in the Marketplace you can only have four items for sale at a time. Now, I can buy some pretty damn cool items to sell in the marketplace, sure. Four OMFG or four Guitars, two Bani Clips and two Katana at once. Some of the 'high end' stuff. But they move the slowest. Solution? Space the money out to two accounts and I can now deal in eight items instead of four. The items are the smaller, more popular items that normally sell at a fairly rapid pace. Money that sits stagnates and does not grow, so you want items that come and go rapidly. The only problem is their price fluctuates more rapidly so you have to be careful of when you buy. Eventually you get enough headway in both accounts to buy some of the larger, highly popular items like the Katana, the Norisu Scarf, the OMFG and still have enough for some of the smaller items like Whips or Gauntlets to keep a steady profit rolling. To do this, I placed GoldenRoya in one account, as she sent enough gold and items to get going there. I kept Ethan's gold and yours in my account so that there was enough money here as well to keep rolling steadily. Is this making sense so far? Yep, that makes sense!
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Posted: Sat Jul 28, 2007 7:33 am
I can put in more gold if you need it Zedd. Or more items. Let me know. You are juggling a lot, however, it sounds like you are keeping it straight what belongs to who.
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Posted: Sat Jul 28, 2007 8:26 am
I've been keeping it fairly straight so far. It simplified a lot by using two accounts in managing items and gold. I appreciate the offer for the gold or items, but I feel I"m holding up pretty good as is, particularly since things are picking up in the marketplace again.
Overall, things are moving pretty steady for both stores.
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Posted: Sat Jul 28, 2007 8:29 am
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Posted: Sat Jul 28, 2007 12:38 pm
Inflation Guilds are the bane of the Marketplace. Quite a few items I deal in have gone up drastically in price and fluctation so rapidly I'm avoiding buying anything at the moment. I thought I got a deal this morning on some items and suddenly they're crashing on me as those guilds try to drive other people's prices down so they can snap them up.
Argh. I know things will improve, but I don't like it when prices fluctuate like this when I have other's gold scream
I'll give it a day or two to settle down.
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Posted: Sat Jul 28, 2007 7:34 pm
~shakes fisties at inflation guilds!!~
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Posted: Sun Jul 29, 2007 12:15 am
Grual is on the move again. All his items sold while I was at work.
Waiting to find some sweet deals before I invest with Zedd. I still have a couple items up to get sold so I'm in no rush.
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Posted: Sun Jul 29, 2007 4:42 am
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Posted: Sun Jul 29, 2007 7:23 am
Temperance, temperance, temperance.
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Posted: Sun Jul 29, 2007 1:08 pm
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Posted: Sun Jul 29, 2007 2:20 pm
*takes Ethan's Profits and gives to newbies*
Now look what you did when you made me rush! Too bad you didn't pay for insurance!
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Posted: Sun Jul 29, 2007 2:49 pm
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Reply
