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  #1  
Old 04-03-2010, 02:09 PM
Bosox Blair Bosox Blair is offline
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Quote:
Originally Posted by barrysloate View Post
Maybe we should do a study of bidding patterns and behavior.

Hi Barry,

I might be a strange guy (...well, I am ) but I would really find that interesting.

All the best,
Blair
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  #2  
Old 04-03-2010, 02:11 PM
barrysloate barrysloate is offline
Barry Sloate
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I can tell you from my years of doing auctions that watching people's bidding behavior is fascinating indeed! There are many eccentric personalities out there.
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  #3  
Old 04-03-2010, 02:12 PM
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jmk59 jmk59 is offline
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I just got an email notifying me that bidding is open. Now that I've been outbid many times over on all but three things.

J
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  #4  
Old 04-03-2010, 02:34 PM
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JP JP is offline
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No harm in sharing my bidding strategy. I look at all the lots I want, figure a final price I'm good with, subtract 17.5% BP, then subtract 20% more and then bid that price on all the lots I want...so around 70% of what I'm ok with the final price being. Then I wait and once I'm outbid on most of them, on the last day I narrow down my lots by a half and rebid on the ones I'm willing to go the extra mile with and then go to sleep that night -- the night that it closes. I never want to really OVERPAY so I often miss out on most lots. But at times my system REALLY works. The Plank I won was my 70% bid, and it never got outbid again. Other times, I end up missing out on lots with prices that in retrospect seem like incredible deals.
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  #5  
Old 04-03-2010, 03:06 PM
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calvindog calvindog is offline
Jeffrey Lichtman
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My strategy: I buy whatever I want at whatever I feel like paying for it and then I go back to work the next day and make more money.
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