Re: [NTLK] [OT] eBay sniping

From: Jon Glass <jonglass_at_usa.net>
Date: Mon Feb 23 2009 - 09:32:39 EST

On Mon, Feb 23, 2009 at 3:07 PM, Brian Braunschweiger
<brianbraun@earthlink.net> wrote:
> Did the bid you had on it reflect what you thought it was worth and what you were willing to pay? If so, then someone else valued it more. If your bid did not reflect that, why didn't you bid more?
>
Yeah, the key to bidding (if you don't want to snipe--or even if you
do) is to think of the absolute outside you are willing to pay, not
just your minimum, but your outside maximum price. So, for the
briefcase, if you aren't willing to pay more than $80, that should be
your max. However, I recommend going a tad higher, and putting a max
bid of $87.65, or some odd figure that is not a round amount. That
keeps people who are just a tad skittish from winning by a few cents,
and also helps keep the snipers at bay. I just last week won some
model train stuff that outbid a sniper by literally a few groszy. If I
hadn't gone the odd amount over, I would have lost. And I posted my
bid only about 20 minutes before the end of the auction. There are
ways to beat snipers other than being one yourself. (BTW, I like to
snipe the hard way. I hit refresh every time the page loads, until I
know the exact time the auction is running out, to within 5 seconds,
and then I bid within that time, using the principle I mentioned
above. I would rather do it the hard way than using sniping services.
That is just lazy--if you're gonna snipe, do it, and don't fake it.
Sniping services are for wimps) ;-)

-- 
 -Jon Glass
Krakow, Poland
<jonglass@usa.net>
"I don't believe in philosophies. I believe in fundamentals." --Jack Nicklaus
==================================================================== 
The NewtonTalk Mailing List - http://www.newtontalk.net/
The Official Newton FAQ     - http://www.splorp.com/newton/faq/
The Newton Glossary         - http://www.splorp.com/newton/glossary/
WikiWikiNewt                - http://tools.unna.org/wikiwikinewt/
====================================================================
Received on Mon Feb 23 09:32:41 2009

This archive was generated by hypermail 2.1.8 : Tue Feb 24 2009 - 03:30:01 EST