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Old 12-12-2012, 05:34 PM   #1613
Zoomin
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Join Date: Sep 2009
Location: Oklahoma City, OK
Posts: 4,295
Re: Hazel the older Sister....

Quote:
Originally Posted by big_al_71 View Post
lots of times people bid just to move the bid up and they are not really buyers since there is a buy it now price they dont have to commit..
If your bid is higher than the reserve then you see obligated to purchase. The reserve is often less than the BIN price.
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