Quote:
Originally Posted by The Spruce
Besides the top lot, MED color was clearly what the buyer(s) wanted. MED outsold GC in all grades and sizes. That's a first.
Spruce
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It's not that they wanted the MED colour more, it's that simple testing of the market, not being sure how bad the other guy wants the coyotes and how much the other guy will bid. Sometimes you will see sales where the buyers want the goods, but sit on their hands, not wanting to push the price, ALWAYS wanting the bargain, always trying to save a few bucks.
They have to test their buddies to see if they are aggressive or not, play the game and hope it pays off. If you are a buyer and you bid super aggressive, it can set the stage/level/bar and cause other folks to panic buy, whereby then you pay more than if you are cautious/patie, whereby having the same effect on their buddies on down the line.
It's not,all about how bad you want it, it is about how you play the game.