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Old 05-21-2017, 06:15 PM
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Dpeck100 Dpeck100 is offline
David Peck
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Join Date: Nov 2013
Location: Orlando, FL
Posts: 1,074
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OP if most of the message board participants understood economics and markets they would realize that sniping makes no difference and under no circumstances does it prevent you from being shilled. I have read more idiotic posts related to this topic than any other. Predicting what others will bid consistently is impossible and in order for a snipe to be as effective as most think it is you would have to do this. 30% of all bids come at the close relagating its effectiveness. The shill snipe is as popular as ever. Just watch the final closing moments of many auctions and the bidders with all the tell tale signs also come in at the end. If you feel like you are being shilled with time to go put in the triple stacked bid as it is the ultimate bate. A true shill can't resist and your outbid. Nothing wrong with bidding at the end but not even remotely as effective as most think.
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