Before 1830, Gnus stock was non-existent in the world of EVE. This changed on May 25th, when Chribba introduced the first trade caravan containing a full stack of Gnus. While this caravan was destroyed by pirates during its trip to Jita, it caused a massive spike in demand for the item. With many pilots scrambling to take advantage of this sudden demand, the market price quickly skyrocketed from its 200 ISK base value up to 260 ISK per unit.
After several more trade caravans managed to complete their journeys, the price steadily rose while additional supply kept coming in due to opportunistic miners who saw an opportunity to make a quick profit. As the price increased, more and more pilots joined in on the action, creating an almost constant stream of buy and sell orders for Gnus stock. Due to this high demand, today it’s not uncommon to see several thousand units of Gnus for sale at any given moment on the EVE market.
By now, you’re probably wondering how to get in on the Gnus market yourself. Due to its high liquidity and ever-increasing price, it’s not very difficult for newer players to make some ISK on Gnus stock. However, there are some things you need to consider before jumping right in.
Here is a Major Point to Consider Before Investing in Gnus
It’s highly speculative, which can be a risk or an opportunity depending on your trading strategy. What makes Gnus stock extremely volatile is the fact that it’s usually bought and sold in full stacks of ten thousand units at a time. While this increases liquidity and allows for more frequent trades, it comes with a price. In this case, that price is volatile, as the market can’t match buy and sell orders of such a large quantity at once.
Now that you understand how Gnus stock can affect market prices, let’s take a look at how to use it to your advantage. To put things simply, whether you see this as an opportunity or a risk to avoid depends on your trading strategy. If you’re the type of player who likes to “catch falling knives,” then waiting for it to hit rock bottom will provide you with some easy ISK. However, if you plan on investing in 3k-stack orders, waiting too long might lead to you losing out on potential profits. When it comes to Gnus stock, the optimal times to buy are just before prices start rising, or when they hit a stable price after a period of volatility (usually due to an influx of new supply).