Friday 11 May 2012

Who needs 100billion ISK?

When you start a fund for raising more than 10bill, eyebrows are always raised. Up to that amount and many investors dont think twice - it seems like a reasonable amount.

However, there are many market opportunities that exist that can only be exploited by those with a lot of liquiduity available to them at all times. 

A prime example would be how I made the first 600mill profit for FCV with only 10minutes work. 

Fullerides market in Jita can be pretty volatile, as few people playing that market hold stock off the market to list at a later date (Fullerides are so valuable that they often need to be sold immediately to regain ISK to buy more reactants and so on).

Anyway, a stock of underpriced goods was identified and purchased at 3799.95 pu, and then relisted at 4017.30 pu...


Competition on the market meant I had to cut sell prices to 3980/70...


As you can see, over 600mill profit was made and orders had to be adjusted only two or three times. However, if I didn't happen to have a spare 12bill ISK available, this easy money making opportunity would have been lost.

Have a good weekend, and lets see what market surprises I can hustle up for you...

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