[R-390] Who Says It's Junk???

Tim Shoppa shoppa_r390a at trailing-edge.com
Sat Jul 23 07:30:49 EDT 2005


> It is not an auction when the buy it now and reserve are the same.

You might think so, but I've seen auctions that started out with
BIN equal to reserve, but ended up at 3 times that price.  In those
cases the BIN and reserve prices were unrealistically low, and the
buyers in their frenzy managed to put the price more realistic.

Yes, it sounds stupid, but so many buyers concentrate so much on
"winning" the auction that they ignore all common sense.

Tim.


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