InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,522.30
(
1.58%
)
US TECH 100
18,934.80
(
0.49%
)
Dow Jones
40,842.79
(
0.24%
)
Brent Oil
81.40
(
-0.14%
)
Bitcoin
64,450.95
(
-0.23%
)
Post# of 14330
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

finbar99

Send PM Follow Ignore
Followers 16
Posts 888
Boards Moderated 0
Alias Born 11/03/2006

finbar99

Re: ditchman999 post# 3791

Monday, 02/25/2013 12:31:50 AM

Monday, February 25, 2013 12:31:50 AM

Post# of 14330
>>i think the bidding will go the same way as my last cattle sale. all the buyers got together at breakfast (hosted by the auctioneer) and decided the prices each was willing to pay in each weight class before the auction started. since there weren't any local butchers or small buyers there to compete against them the auctioneer just started the bids low to make everyone think it wasn't fixed.

Ditchman999-that is exactly what one has to be vigilant for in bk. I don't think I've ever seen it explained so clearly.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up