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Why is SDS manipulating the diamond equipment market.

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  • theBlindRhino_PSNT Offline
    theBlindRhino_PSNT Offline
    theBlindRhino_PSN
    wrote on last edited by
    #1

    Every day, like clockwork, SDS cancels all orders above 15k. Have the explained why?

    1 Reply Last reply
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  • theBlindRhino_PSNT Offline
    theBlindRhino_PSNT Offline
    theBlindRhino_PSN
    wrote on last edited by
    #2

    It’s noon pacific so if you have any sell orders for diamond equipment over 15k they have been canceled again.

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  • Talkingben9558_XBLT Offline
    Talkingben9558_XBLT Offline
    Talkingben9558_XBL
    wrote on last edited by
    #3

    Those kinds of orders are very likely to be stub transfers, so sds is probably trying to combat this

    theBlindRhino_PSNT 1 Reply Last reply
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  • theBlindRhino_PSNT Offline
    theBlindRhino_PSNT Offline
    theBlindRhino_PSN
    replied to Guest on last edited by
    #4

    @Talkingben9558_XBL Okay your response or theory doesn’t make any sense. Stub transfer are easiest on cards with few orders and huge gaps between buy now and sell now. How does cancelling all orders above 15k decrease gap. If anything their adherence to a schedule would make it easier to transfer.

    Talkingben9558_XBLT 1 Reply Last reply
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  • Souvie48_XBLS Offline
    Souvie48_XBLS Offline
    Souvie48_XBL
    wrote on last edited by
    #5

    Answer's pretty simple. SDS doesn't want people flipping. If you're flipping, you're not giving them your money for stubs... By far this has been the worst year for flipping

    theBlindRhino_PSNT 1 Reply Last reply
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  • Talkingben9558_XBLT Offline
    Talkingben9558_XBLT Offline
    Talkingben9558_XBL
    replied to Guest on last edited by
    #6

    @theBlindRhino_PSN
    They probably have a program that deletes all of those orders, since stub transfers are likely to happen on orders well above what they should be for equipment

    theBlindRhino_PSNT 1 Reply Last reply
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  • theBlindRhino_PSNT Offline
    theBlindRhino_PSNT Offline
    theBlindRhino_PSN
    replied to Guest on last edited by
    #7

    @Talkingben9558_XBL okay. You can just admit you don’t know what you are talking about.

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  • theBlindRhino_PSNT Offline
    theBlindRhino_PSNT Offline
    theBlindRhino_PSN
    replied to Guest on last edited by
    #8

    @Souvie48_XBL this is the best answer so far.

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