Penny Auction Intelligence

Penny Auction Intelligence
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Saturday, December 11, 2010

MY Penny Auction Bucks

Penny auctions can add up to mega bucks in a hurry

I used up over Five Thousand Dollars of bids in No Time at all

I never saved a cent regardless of what the percentage claim

as an example I purchased a bid pack for $60.00

I won a $50.00 Dollar gift card the Final price was $15.98

Good deal ?
not really I bid 53 times at .60 cents a bid which cost me $31.80
Now the stats show a 4% saving $2.22
but there is a $1.99 handling Fee which makes it really a $.23 cent saving.

The problem is I invested $60 Dollars and as a winner I am getting a $50.00 Dollar gift card
I must confess I have about 20 bids left over which I will be able to use in about 14 days.
How do you like this picture ?

There are different kinds of bids and voucher bids cannot be used toward the Buy It Now option nor are they eligible for a refund as you were able to receive them at a discounted rate.

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