Not going anywhere fast

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David Ames said:
Thanks David
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When I mouse over the 50.00 it turns green. I clicked it and it stayed green. Why bid higher? Better yet lets see some numbers that are lower than 50.00
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SHotchkiss said:
When I mouse over the 50.00 it turns green. I clicked it and it stayed green. Why bid higher?
Because everyone who is likely to bid on this has already bid. It's been listed for a long time. It's a very expensive set to produce and 50 x number-of-bids isn't anywhere near enough to cover the costs. It's never going to go over the 100% mark unless more than 5 times as many people bid for it as have already bid (not gonna happen) or unless people up their bids to perhaps $200. That would have the effect of bringing the peak up to around 80% which might draw in a few more bidders who only notice the things that are getting close to production. There might be some chance then of the price going down to $150 if enough bidders join in. But it's going to stay stagnant if it stays at $50.
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SHotchkiss said:
When I mouse over the 50.00 it turns green. I clicked it and it stayed green. Why bid higher? Better yet lets see some numbers that are lower than 50.00
Just because it turns green at the peak is meaningless. The $50 bids are only covering 20% of total costs to produce. Any lower bids would do nothing because the number of lesser bids would need to be so numerous as to be impossible to cover costs. The green indicator only shows that your bid would be successful at that peak (amount) only when the costs are 100% covered.
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Rosie Perera said:SHotchkiss said:
When I mouse over the 50.00 it turns green. I clicked it and it stayed green. Why bid higher?
Because everyone who is likely to bid on this has already bid. It's been listed for a long time. It's a very expensive set to produce
Title: Princeton Theological Review
Is listed at: Pages: 82,999And we EXPECT to get it for $50???
Take a look at The Fathers of the Church Series
With Volumes: 127
And listed at: Pages: 46,063
Is going for $1,559.95[Yes, unfair comparison as the Publisher on the Fathers Series want a cut but look at other BIG sets to see what they go for]
You could have it NOW if everyone raises their bid to $250 [mid range of the suggested biding range]
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David Ames said:
Title: Princeton Theological Review
Is listed at: Pages: 82,999And we EXPECT to get it for $50???
Take a look at The Fathers of the Church Series
With Volumes: 127
And listed at: Pages: 46,063
Is going for $1,559.95[Yes, unfair comparison as the Publisher on the Fathers Series want a cut but look at other BIG sets to see what they go for]
You could have it NOW if everyone raises their bid to $250 [mid range of the suggested biding range]
I hear what you are trying to say and I raised my bid significantly a while back. As you have said you really can't compare it to the Fathers of the Church Series. Remember that Logos lists the regular price at $499.95.
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