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Forum General Public Corporations (White Giant)

Public Corporations (White Giant)

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AzemOcram (White Giant)

All worlds
20 Oct 2009 01:01Link
I have made several of my state corporations in Zocorro public but now one of them, Medola Oil, is loosing over $1bil a month and has only $9bil left. It was highly profitable as a state corporation so it does not make sense that it could go bankrupt because public corporations are supposed to be more profitable. What can I do?

Note: Several other corporations profits went negative after their IPOs.
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Duchess Gloriana XII (White Giant)

All worlds
20 Oct 2009 03:16Link
Your trade strategies are messed up. You are trying to sell the product to high and not reducing the price if it does not sell. You have almost 6 months worth of inventory in this corp.
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AzemOcram (White Giant)

All worlds
20 Oct 2009 03:36Link
Thank you, I lowered the price to 300 with 10% decrease for every month products are not sold.
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Duchess Gloriana XII (White Giant)

All worlds
20 Oct 2009 13:34Link
Make sure you have the follow quality button set.
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Plato (Little Upsilon)

All worlds
20 Oct 2009 14:32Link
Also, somebody has been dumping Oil for about 2 weeks which has played havoc with the prices. I have been buying oil around 310 then selling at 425, so I have been making money that way.

Look at the price histories.