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11-10-2007 @ 1:02AM
Along a similar vein to the blogger... for about a week, I bought every blue item that would turn into an LPS from the auction house that had a buyout of 23g75s, so that by selling them at 25g, I would at least break even. At the time, there were only about 5 LPS on the AH, so I thought I was bound to make a tidy profit from this.However, when there's a profit to be had, competition enters. As soon as I put up ~100 shards for 25g, 100 more went up varying from 17g to 24g99s. I kept them up at 25g for about 4 days, but when I had only sold about 4 or 5, I finally relented and reduced the price to 20g. Funnily enough, by this time they were the only ones in the AH again.The good news though is that, thanks to the varying prices of the blues I bought, I actually broke even. But I'll never do something like that again... way too risky. =) Still, at least I've got a good thing going playing the Netherweave market. =P
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