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Last post 21 years ago by Slimboli. 4 replies replies.
I don't understand?????
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RJ Offline
#1 Posted: Mon, Jun 10 2002, 1:46 AM EST
Joined: 08-15-2000
Posts: 66
If there is a blowout (as in the Flor de Los Reyes) of 1,000 boxes at $19 a box......why in the world
would someone bid $25.....or $22....or$21.....or evern $20????????????? I just can't quite figure
it out!
turdon Offline
#2 Posted: Mon, Jun 10 2002, 3:59 AM EST
Joined: 05-10-1999
Posts: 37
I think some bidders are used to Dutch Auctions where everybody gets the item for the lowest winning bid. E-bay and Yahoo use this type of auction. When I first came to this site, I also assumed the bidding followed the Dutch Auction style.
jazzman Offline
#3 Posted: Mon, Jun 10 2002, 5:11 AM EST
Joined: 11-06-2000
Posts: 1,012
ask slimboli...
BMW Offline
#4 Posted: Mon, Jun 10 2002, 5:36 AM EST
Joined: 10-21-2000
Posts: 3,010
see picture post..."Anyone know what this is???"
Slimboli Offline
#5 Posted: Mon, Jun 10 2002, 6:09 AM EST
Joined: 07-09-2000
Posts: 16,139
... hehehe!
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