I agree. As explained, this will usually save buyer $ due to the other bidder not having time to cave in and say "I want it bad enough to spend just a bit more" and push final price up even though he will not win.
A well timed snipe allows you the best bid amount for your max bid. Greg C. ------Original Message------ From: Matson, Robert D. Sender: [email protected] To: [email protected] Subject: [meteorite-list] eBay Sniping strategy Sent: Mar 17, 2010 11:49 PM Sniping is simply a strategy that capitalizes on the fact that the vast majority of people are unlikely to monitor online auctions (of which they are a participant) in the closing minutes. As a result, whatever limit bid, X, the leading bidder has established can easily be trumped in the final seconds by another bidder bidding X+delta, where delta is the minimum differential bid. Experienced eBay buyers employ this strategy at all times, whether in person or through a cyber-agent. --Rob ______________________________________________ Visit the Archives at http://www.meteoritecentral.com/mailing-list-archives.html Meteorite-list mailing list [email protected] http://six.pairlist.net/mailman/listinfo/meteorite-list Sent on the Sprint® Now Network from my BlackBerry® ______________________________________________ Visit the Archives at http://www.meteoritecentral.com/mailing-list-archives.html Meteorite-list mailing list [email protected] http://six.pairlist.net/mailman/listinfo/meteorite-list
