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Posted By: barrysloate

Adam- your analysis is correct but the point of my main post was not whether it was right or wrong, but that to me it is a less than enticing business model. If I am a buyer and I see nobody has placed any bids on anything, I begin to think it's all overpriced.

It's like walking into a restaurant and you are the only people there. Wouldn't you have some hesitation about sitting down? It is more a perception, that's all.

It apparently works for some but if I put my inventory out and virtually nothing sold I wouldn't be a happy camper.