This one finally got over the top and will be leaving CP this coming Friday at noon Pacific. Plenty of time to get your bids in.
[Y]
There's a good opportunity to get the price of this resource down to $8.00. It's so close!
[EDIT: £7.00 = $10.00 / £5.00 = $8.00 [:D] ]
New to CP. Ive tried and tried to understand how this works. How getting it to $8 or less. Ive read and read the 411 on this, but, I dont understand how it drops. Do enough people have to bid $8 or less? Or,do enough people have to bid $12 or more? When i bid $8, it says my bid will not be successful. When I bid $10, it says my bid will succeed. So, I am assuming it wont drop any. But, it did previously on the Expositors Bible 6 vol. set. [*-)]
How getting it to $8 or less. Ive read and read the 411 on this, but, I dont understand how it drops. Do enough people have to bid $8 or less? Or,do enough people have to bid $12 or more?
To get it to $8, enough people have to bid $8 or more.
To get it to $6, enough people have to bid $6 or more.
Looks like it might go to $8, but it'll never go to $6. You'll know at noon Friday Pacific time.
When I bid $10, it says my bid will succeed. So, I am assuming it wont drop any.
Final price depends on amount of bids placed. If enough $ 10 bids are placed so estimated cost is covered by $ 8 times number of $ 10 bids (or higher) plus $ 8 times number of $ 8 bids, then price drops to $ 8.
Currently bidding is close for price to drop to $ 8, but needs some more bids $ 8 or higher. If bid $ 8, but price does not drop to $ 8, then miss opportunity to purchase this resource at $ 10.
Keep Smiling [:)]
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