Quote:
Originally Posted by BobbyStrawberry
It should not be lost in this discussion that REA, after the outage, immediately opened all lots back up again with the 10-minute timers going. I was watching while this happened and it's clear to me that many bids were placed at that time by people who thought that it would be their last opportunity. The announcement (unless I missed an email from them) of the 24-hour extension was not made until later.
I have a hard believing that they did not make a whole bunch more money because of the way this was handled.
|
I'm not sure I understand what you are saying about all lots being opened again after the outage. Since the outage happened just after midnight, no lots would have been closed yet so it would make sense that everything remained open to allow for extended bidding to take place. Once it became apparent that the problems were not fixed, I think they decided to extend for a day. I agree with what someone posted yesterday that there should not have been such a long delay between getting the auction back up and sending out any additional communication about what had happened and what was going to be happening with the auction.