Unwise traders

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Unwise traders - 11/1/2020 3:17:06 PM

nukkxx5058

Posts: 2932
Joined: 2/3/2005
From: France
Status: offline

Just to report an oddity:

"XYZ is currently at such a low price that traders have no interest to buy"

Huh ????

Adam Smith just fell of the window.

*hint : it should be "XYZ is currently at such a low price that traders have no interest to sell"

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RE: Unwise traders - 11/1/2020 4:18:39 PM

mroyer

Posts: 914
Joined: 3/6/2016
Status: offline

That's true only for academic purposes where one can simplify the economic model by ignoring the cost of handling and storage.
-Mark R.

< Message edited by mroyer -- 11/1/2020 8:20:23 PM >

(in reply to nukkxx5058)

Post #: 2

RE: Unwise traders - 11/2/2020 1:25:55 AM

coldiceEVO

Posts: 17
Joined: 7/26/2020
Status: offline

Price is set on their terms. They bid such low price because they have little to no interested to take that from you due to how abundant said thing is.
This window on this tab is for you to sell to them, the first tab is where they sell you stuff.

(in reply to mroyer)

Post #: 3