Ahrim's Book Flip crashing =(
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Ahrim's Book Flip crashing =(
Can someone help me out with this flip? I bought 8 books at 14,252,001 ea 2 days ago (August 13) and now they're crashing =/ I was trying to sell one really cheap to try to get a sense of the margin but it wouldn't even sell at 12.5m... I'm kinda freaking out. I just looked at the graph and realized that it probably peaked yesterday but I can't believe it would drop 2m in a single day, would it? Isn't that more than 5%? i'm just at such a loss on this one
Malasney- Tier 2 (100 posts)
Re: Ahrim's Book Flip crashing =(
This item has big swings both up and down, which often creates big margins so yeah it could have dropped by much more than that in a day. The 5% thing only applies to ge price changes and has nothing to do with the real price of items. If it did then seismic sings would not have risen from ~650m to ~880m in a day. Below is a list of a few of my more recent pc's of ahrims books. As you can see they can change price in a big way over the course of a single day.
[ADMIN] Billious- Administrator
Re: Ahrim's Book Flip crashing =(
Thanks for your reply, Billous. So do you think it's gonna keep crashing? Should I just bite the bullet and take my losses or do you think there's a possibility of an upswing?
Malasney- Tier 2 (100 posts)
Re: Ahrim's Book Flip crashing =(
They're 11.7m-12.2m atm. Hope it helps.
Julij2- Grandmaster (2000 posts)
Re: Ahrim's Book Flip crashing =(
Holy Crap! That would be 16m lost ='( Sad day for me. Thanks for the update on the margin though. I feel like it's just going to keep crashing so I had better sell soon.
Malasney- Tier 2 (100 posts)
Re: Ahrim's Book Flip crashing =(
Totally your call on taking the loss, though if it were me I would leave it in at my buy price and just monitor the graphs a bit.
Fatal- Forum Addict (750 posts)
Re: Ahrim's Book Flip crashing =(
I would sell them. Its better be safe than sorry, because looking at graphs they have alot of room to fall, so you might end up with even greater losses.
Zaibt- Tier 2 (100 posts)
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