1. #106
    Boner_18
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    Half the 93s just got wiped out...

  2. #107
    Boner_18
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    Didnt see newguy... Now all the 93s are wiped.

  3. #108
    yisman
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    I don't see what bidding low accomplishes. Just bid 10 at 99 and you'll get the lowest price possible.

  4. #109
    shari91
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    80 at 94

  5. #110
    Boner_18
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    Ok well you caught me. I guess bidding low is b/c there is a chance, however small, that some fall to the lower price. It puts me in the best position to gain more if I am wrong. Its cost free to bid, why not bid low and raise as the market does?


    That said, retract my earlier bid (or dont it wont be filled anyhow):

    11 at 96 please.

  6. #111
    Boner_18
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    Quote Originally Posted by shari91 View Post
    80 at 94
    There is already 444 @ 95 Shari

  7. #112
    yisman
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    Quote Originally Posted by Boner_18 View Post
    Ok well you caught me. I guess bidding low is b/c there is a chance, however small, that some fall to the lower price. It puts me in the best position to gain more if I am wrong. Its cost free to bid, why not bid low and raise as the market does?


    That said, retract my earlier bid (or dont it wont be filled anyhow):

    11 at 96 please.
    This is ebay style bidding. If you bid at 99 and your order can be filled at 95, it'll be filled at 95. You bid what you're willing to pay.

  8. #113
    Boner_18
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    Its Dutch auction style bidding (like a bond auction). If you bid 99 that is what you pay, not 95 or 93 or any other price.

    First all the 99s are filled, then the remainder of bonds go to fill the 98s, remainder to the 97s, etc. You are competing against other bidders to get your order filled but still want to pay as low as possible.

  9. #114
    Boner_18
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    Fishead WILL pay 99 for 1 bond (unless someone bids 500 at 100).

  10. #115
    Poker_Beast
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    I will take 70 shared at 95

  11. #116
    shari91
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    Quote Originally Posted by Boner_18 View Post
    There is already 444 @ 95 Shari
    ty Sir... must've missed something when I was scanning

    70 at 97

  12. #117
    ZetaPsi808
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    this is confusing. how do we know what the cheapest price to buy the bond is? i see guys buying at 94. 95, 97 now
    Last edited by ZetaPsi808; 07-19-12 at 02:53 PM.

  13. #118
    yisman
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    Zeta, bid 101 and you're golden.
    Nomination(s):
    This post was nominated 1 time . To view the nominated thread please click here. People who nominated: dngf

  14. #119
    FourLengthsClear
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    I bid as follows

    9 @ 98
    9 @ 99

  15. #120
    shari91
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    50 at 98

  16. #121
    Cabo
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    50 @ 97

  17. #122
    hels
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    I am bidding 17 at 99.

    I think it'll be impossible to get them at any less.

  18. #123
    Fishhead
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    Where and how are these junk bonds purchased????

  19. #124
    yisman
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    Fishhead, try reading the first post.

  20. #125
    byronbb
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    So whats the point of this? To tie up posters points for 30 days so they don't order anything?

  21. #126
    a4u2fear
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    Quote Originally Posted by byronbb View Post
    So whats the point of this? To tie up posters points for 30 days so they don't order anything?
    Stupid

  22. #127
    Poker_Beast
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    70 at 98

  23. #128
    Boner_18
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    Looks like the 95s are almost wiped out..

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