Sound GOM advice

The most expensive fee for selling $L is 12 cents. If you are filling an order for 18 cents lower than the lowest selling blocks of $L, you are giving an immediate 6 cents of profit to whoever you sold the $L's to. I thought this was common sense, but it seems from the graphs the last week, people are filling these orders with gaps even further than 12 cents. If you want to sell cheap and the gap is greater than 12 cents, at least under bid the lowest current seller for 1 cent. Just keep an eye open for others underselling you. If you see the price drop, cancel your order and resell at the lowest price again. You will not have to wait long to get a sale this way.

For those who have never done anything but fill orders, if you set a price a cent or two higher than the lowest bidder at the start of the day. Most days you will sell your $L even if the price drops overall.

I guess this still doesn't matter to some, but I thought I'd post it for anyone it does matter to.

LOL
This is EXACTLY why GOM is going down, down, down, down...

Every seller underbidding the other, by one cent at a time.

Well, I didn't just suggest underbidding, I also suggested overbidding by 1 or 2 cents. I would rather see people make 1 cent less on their $L than 18 cents less though. It is great for the low side of the market though. If you buy $L off of people and they fill your order, if you got a low teir you can immediately turn around and make a profit in a matter of seconds.

Don't be ridiculous. People could overbid each other just as easily as they can underbid. The L$ is falling because there aren't enough buyers willing to pay more than the current price, plain and simple, while there ARE enough sellers willing to accept the current price (and less apparently).

exactly. It's a demand (lack thereof) problem.