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mac23 Game profile

Member
504

Jul 30th 2013, 5:29:06

stop selling tech so cheap!! :P

Serpentor Game profile

Member
2800

Jul 30th 2013, 7:02:58

Yeah that will make them place tech that won't sell.
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qwertyh Game profile

Member
257

Jul 30th 2013, 8:51:41

Nope

Akira Game profile

Member
226

Jul 30th 2013, 15:08:39

stop undercutting by too much you fluffing techers
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Chewi Game profile

Member
867

Jul 30th 2013, 15:13:23

The amount of tech being sold has gone down.

mac23 Game profile

Member
504

Jul 31st 2013, 5:15:15

Ima agree with Akira. I always sell behind for the price I wanna try to get. Sometimes I hafta wait a bit but its usually worth it. I also have a buttload still sitting on the market since yesterday. lol

Serpentor Game profile

Member
2800

Jul 31st 2013, 6:45:49

That's why it's undercut. They don't want a butt load stuck on the market. They want every unit to sell so they can use the money and grow or stock before food jumps more.
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Akira Game profile

Member
226

Aug 1st 2013, 10:16:48

I think it's okay to sell for 2490 when its currently 2500. It's even better to sell 2500 when its currently 2500.

Selling for 2510 when it's 2500 is still okay, it's still gonna be bought albeit a bit later.

But some fluffing techers are selling at 2200 from 2500, I've seen it a hundred times. And the problem is other techers panic when they see the difference and sell at 2200 or 2100 so there, less money for everyone (techers).

Techers should form an oligarchy and control market like oil cartels haha
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Xinhuan Game profile

Member
3728

Aug 1st 2013, 11:40:37

Except oilers complain about being undercut all the time too. :P

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blid

Member
EE Patron
9319

Aug 1st 2013, 14:13:13

It's generally stupid when people ask others to stop undercutting but sometimes the market does overreact to things. There was a round a couple sets ago, the great tech round where prices were over $3k for a long time, where prices suddenly on day 24 began a steep fall all the way from $3000 to ~$1700 average with a lot of batches going at $1500 for days 30-35. Just techers panicking other techers and all going nuts dropping the price when clearly there was a low supply that set. After buying up billions of dollars worth of it and some time passing the price began to go back up and ended up at ~$2200 for days 40-50. Tech selling for $2200 on day 40 when it was often going at $1500 on day 30! That's almost a 50% increase in income.
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Akira Game profile

Member
226

Aug 1st 2013, 14:33:31

Those techers selling cheap probably justified it by thinking that if they didnt follow suit on selling cheap, their tech will never be sold. But if supply was low then what a waste of potential cash.
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Akira Game profile

Member
226

Aug 1st 2013, 14:36:25

@Xin - Wow undercutting all the way from $1150 to $50 per barrel? That's the mother of all undercuts. Clearly someone aiming to ruin others without the desire to earn. I mean come on that's 23 times cheaper, even China couldnt make stuff that cheap. No offense Chinese people :)
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qwertyh Game profile

Member
257

Aug 1st 2013, 14:41:33

LoL, I find this conversation amusing every time. This is simple market competition. If folks are selling their stuff too cheap, you can sell yours for higher prices than you can normally if market demand is still there. If that's the case, you should thank the players who are selling their stuff too cheap, allowing you to make more money. On the other hand, if the market demand isn't there, obviously prices will drop hard, and I can't find myself pitying you techers, since this round is obviously great for you guys already.