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<p>[QUOTE=&quot;19Lyds, post: 1094051, member: 15929&quot;]I kinda like that automatic bidding increment in that, as a seller, my hidden reserve isn&#039;t instantly revealed which, IMO, encourages buyers to continue to look and consider. The bottom line is, if I have a $250 buyback bid placed and a prospective buyer is only willing to bid $150 then where&#039;s the harm? And really folks, lets not kid ourselves, online auctions are in no way shape or form similar to a real auction. Besides, most folks wait until the last minute to bid anyway which kinda discourages bidding so I don&#039;t think anything sneaky is occuring. Those last minute bids or &quot;snipes&quot; either work or they don&#039;t work. No harm, no foul.</p><p>&nbsp;</p><p>I expect that most folks are simply unfamiliar with Teletrade combined with &quot;current online bidder&quot; practices which makes thing seem suspicious when in reality, its all right there.[/QUOTE]</p><p><br /></p>

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