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Question About Reserve Prices

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Author Previous TopicReplies: 4 / Views: 1,356Next Topic  
USArmyParatrooper
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 Posted 08/27/2007  11:30 pm Show Profile   Bookmark this topic Add USArmyParatrooper to your friends list Get a Link to this Message Number of Subscribers
If the reserve price is $300.00 (and reserve is not met), and I bid $360.00 will it automatically bid $300.00 until someone bids higher?
scoutjim99
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 Posted 08/27/2007  11:43 pm  Show Profile   Bookmark this reply Add scoutjim99 to your friends list Get a Link to this Reply
I would assume that is correct , but you know what that means to assume.
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bobby131313
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 Posted 08/27/2007  11:44 pm  Show Profile   Bookmark this reply Add bobby131313 to your friends list Get a Link to this Reply
Yup.
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USArmyParatrooper
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 Posted 08/27/2007  11:56 pm  Show Profile   Bookmark this reply Add USArmyParatrooper to your friends list Get a Link to this Reply
quote:
Yup.


So in every which way it acts just like a "secret" max bid, only when you bid lower it says "reserve not met"?
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bobby131313
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 Posted 08/28/2007  12:09 am  Show Profile   Bookmark this reply Add bobby131313 to your friends list Get a Link to this Reply
Yup, again.
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