Bandos Chestplate

Hey guy's, I know somebody asked a similar question in a topic below but the answers I'm looking for arn't really there.

So yesterday, Bandos Chestplate's sky rocketed. You couldn't even buy one in the Grand Exchange for 8m (I was definitely not on limit, I hadn't bought any all day.) So I worked my ass off to buy 11 of them yesterday, I expected them to rise through the roof, but then I log on today and they're back, trading for market price? (6.6-6.9)

So my question is how did that happen? If they were trading for such a high amount yesterday, wouldn't their ge price have been pushed up a lot?
And a second question is, will they rise soon, or have I just lost a lot of money?

I'm sorry to tell you since the GE updates every four hours Market Price could have gone up at night. Once demand dropped so did the prices and then the GE updated the Market price again. From here is a choice for you. Sell them now and accept your losses or hold onto them and hope for a spike in price. From the looks they seem to be hitting a peak soon.

Geckoscraps wrote:I'm sorry to tell you since the GE updates every four hours Market Price could have gone up at night. Once demand dropped so did the prices and then the GE updated the Market price again. From here is a choice for you. Sell them now and accept your losses or hold onto them and hope for a spike in price. From the looks they seem to be hitting a peak soon.

The GE doesnt update every 4 hours..it updates in 12 hours - 2 days time frame..