I would like to whine........

[wondo]

about puting in a rediculously high bid on a REA lot and getting my ass kicked the day before the auction.

There, I said it.......I feel better now.

Not really

[Steve D]

Would you like some jeez with your whine?



I guess I won't be bidding any further in REA's auction either.....I didn't win the Lotto wednesday night


Steve

[T206Collector]

I'm just waiting until tomorrow after 4 PM to experience the exact same thing I am sure......

[lharri3600]

me too

[lharri3600]

Originally Posted by lharri3600

me too

i was wrong, i won!!

[bcornell]

Originally Posted by wondo

about puting in a rediculously high bid on a REA lot and getting my ass kicked the day before the auction.

There, I said it.......I feel better now.

Not really

Channeling TBob leads down a dark path. You've been warned.

I got hosed myself on something that couldn't possibly get a higher bid. Someone (not me) needs to get their head together.


Bill

[Peter_Spaeth]

Hello peter,

We received your bid, but you have been outbid by
another bidder who has placed a higher maximum bid
than yours, possibly days or hours before.

[JP]

I kinda wish some money would head over to the lot I consigned....I think Wonka smartly took away a lot of potential bidders by bidding high from the start. It's a good strategy....can't blame him at all.

[calvindog]

Originally Posted by Peter_Spaeth

Hello peter,

We received your bid, but you have been outbid by
another bidder who has placed a higher maximum bid
than yours, possibly days or hours before.

Dude, stop throwing those nickels around like manhole covers and get that damn 1960 Mantle!

[botn]

Originally Posted by calvindog

Dude, stop throwing those nickels around like manhole covers and get that damn 1960 Mantle!

I will have you know Jeff that he is saving for a certain T206 Red Cobb at the moment. Please do not get him sidetracked.

[jcmtiger]

Can't you bid tomorrow?

[calvindog]

Originally Posted by botn

I will have you know Jeff that he is saving for a certain T206 Red Cobb at the moment. Please do not get him sidetracked.

Figures Peter would try to save some dough and go for a card with a popped corner.

[Peter_Spaeth]

Originally Posted by calvindog

Dude, stop throwing those nickels around like manhole covers and get that damn 1960 Mantle!

58 damn it 58, not 60.

[tbob]

Originally Posted by bcornell

Channeling TBob leads down a dark path. You've been warned.

I got hosed myself on something that couldn't possibly get a higher bid. Someone (not me) needs to get their head together.


Bill

On the flip side, the occassional win is always that much sweeter.
I tried the "putting in a big opening bid and holding on for dear life" technique in REA to run off other bidders, but just was informed of being outbid. In REA, as on eBay, the snipe technique is always preferrable.
tbob

[barrysloate]

How can you snipe in REA? Whomever you top is going to get an email informing him he was outbid, and will have ample time to top it. The only way to win a lot is to be the high bidder at the end. The strategy doesn't get much more complicated than that.

[tbob]

Barry- I didn't mean the true snipe as on ebay, I meant simply waiting until the very end of the auction to enter bids (of course you have to place a qualifying bid earlier). Yes, there is no way to snipe in REA but waiting until near closing as opposed to placing the big bid and trying to hold on is a better technique if you have an evening to kill.

[barrysloate]

Placing the big bid early only works if you succeed in knocking everybody out. If even one serious bidder is left in the fray, you've likely accomplished nothing.