Gold Capped: The effect of mega-blogs on your business

Reader Comments (Page 1 of 1)

1-14-2011 @ 2:14PM

ispy said...

This just happened to me. I saw the same person was buying all of one particular type of cut rare gem I posted. I was selling at 59g and he started reposting at 75g. Since I had over 200 uncut in my bank, I kept posting 10-20 at a time at 59g. After he had bought about 100 of them I waited an hour and saw he had reposted them all at 75g. Almost 100 gems for a "very long" time period. I cut another 50, listed them at 70g for "very long" and sold about half in 24 hours. Today I log on and notice due to undercuts, all the gems he bought from me are now listed at 55g. I just listed another 50 at 54g and I will continue to undercut him. I'm glad he bought all those gems, but I get more satisfaction in seeing him loose money that I do in making myself money. :D

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