Hello snipers and snipets:
I have been sniping for awhile and I believe sniping is the way to go for most auction situations. Here
is a situation which is not covered. First we have the sellers behaviour. Seller lists an item for
$150.00 and if it does not sell he then relists 3 days later for $100.00 ..
You want to:
Put in a snipe for $175.00 which is only executed if no one (I meant "someone" thanks puppy rasier) has bid on the item at the time that the snipe
is activated.
Reason: You don't want to lose the item but would rather bid on the re-list. So If there
is no bids at the time of the snipe you wish not to bid and hope that no one else gets a bid off in the
last few seconds. Obviously there is a risk that the item will not be relisted and your opportunity will
disappear but if you have analyzed the seller correctly you might be able to save a buck or two.
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