Re: why the spike in uu price?
Posted: Sun Jul 29, 2007 7:45 am
The spike in UU prices is caused by the increasing AT prices.
For the sake of argument:
AT price per k
35bil naq
55k UU
so using that 35bil naq = 55k UU
That creates the price 630mil/k. If the price stayed at 600mil/k, People would buy 55k at 33bil/k. Sell the 55k for 1k AT, then sell that AT for 35bil naq. You make 2bil naq and all you had to do was set a few brokers. Depending on the number people active on the market at a given time, you can make a decent amount of naq in a short time, especially if you deals involving 5k AT at a time.
Now, these rates were/are not the actual/current rates, but the general concept is whats causing the UU prices to rise. As people figure it out, they decide to buy more UU, thus increasing the demand for UU. I remember one time, the imbalance was enough you could make 10bil or so. So that is what probably caused the sharp increase in UU.
For the sake of argument:
AT price per k
35bil naq
55k UU
so using that 35bil naq = 55k UU
That creates the price 630mil/k. If the price stayed at 600mil/k, People would buy 55k at 33bil/k. Sell the 55k for 1k AT, then sell that AT for 35bil naq. You make 2bil naq and all you had to do was set a few brokers. Depending on the number people active on the market at a given time, you can make a decent amount of naq in a short time, especially if you deals involving 5k AT at a time.
Now, these rates were/are not the actual/current rates, but the general concept is whats causing the UU prices to rise. As people figure it out, they decide to buy more UU, thus increasing the demand for UU. I remember one time, the imbalance was enough you could make 10bil or so. So that is what probably caused the sharp increase in UU.