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Net54baseball.com Forums - View Single Post - Hidden reserves disguised as phantom bidding
Thread: Hidden reserves disguised as phantom bidding
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  #10  
Old 05-15-2011, 11:35 AM
Hankphenom Hankphenom is offline
Hank Thomas
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Join Date: Jun 2009
Posts: 3,303
Default Question
What about the scenario whereby the bidding never reaches the hidden reserve, but the buyer would have been happy to pay that amount had he known what it was, and obviously the seller would have been happy with the reserve price, but the item doesn't get there and doesn't sell? So now nobody's happy because of the hidden reserve strategy. I wonder how often that happens?
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