The netherweave experiment ..

As I promised last week I would present the results from my week's experiment with netherweave. I wanted to post this yesterday but I wanted one more scan day for the cloth, since I come to think about include it in the scans first on Wednesday.

Due to lack of time I've not continuously refined the cloth I bought which had a nice side effect as I now know that during this week I bought exactly 8799x Netherweave Cloth. In bags alone these have a market value of about 5500g.

I started the week with a full vault slot of Netherweave Bags. These had sold out on Friday. During the week I cautiously siphoned the auction house for cloth and leaving the odd stack there to keep the prices down. The main reason to siphon the market in the first place was to starve the competitors for raw materials so that it would bring the bag prices up.

The results from the week's measurements are displayed in the below images.

Netherweave Cloth

 

The careful siphoning of the cloth did produce the desired results and more. My aim was to keep the cloth prices stable but the trend is now that the prices are dropping.

Netherweave Bag

I like to think that the siphoning of the materials have had the desired effect on the bag prices as well. The trend is clearly showing the prices going up.

I made this a simple experiment with a market that I know by heart by now. The strategy in itself can be applied to any market I think.


I'd also like to put out a question for you readers. The gone by week I've sold for about 20k and invested about 10k. Are these good, bad, acceptable numbers? I've no comparison at all...

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Update:

I decided to create 128x bags out of the materials and convert the rest to enchanting materials. Now 3 hours and 10 minutes later I have the results:
5x Large Prismatic Shards (market value 6g41s50c each)
76x Greater Planar Essence (market value 18g08s29c each)
542x Arcane Dust (market value 2g91s10c each)
Total market value:  2984g13s74c