Russo and Steele auction

[Dog427435]

Is this really Joey from Georgia??

[Chateau Slate 66]

[ QUOTE ]
Is this really Joey from Georgia??



[/ QUOTE ]

Now THAT'S funny.

[Xplantdad]

[ QUOTE ]
[ QUOTE ]
Is this really Joey from Georgia??



[/ QUOTE ]

Now THAT'S funny.

[/ QUOTE ]


Damn...now my head really hurts...

Sheesh...at least the Udontgetit crew could have gotten together and told each other that they were going to resgister....

[Texas Muscle Cars]

This is the One and True Texas Muscle Cars. I have not, nor have I had anybody post to this forum. I have nothing to say on this situation at Russo and Steele, at this time. For anybody that knows me, knows who I am and how I operate. I will handle this in the way that I find necessary, but I will not accept the fact that anybody has been posting under my presumed name. Believe the past postings for what they truly are and that is impersonation. Thank you,

Texas Muscle Cars
The True Texas Muscle Cars
www.texasmusclecars.com

[BUIZILLA]

IP tracking is as solid as your DNA

a court of law will accept it at face value

now, where were we ??

[Jeff H]

I remember reading in some of the auction information that the auctioneer is allowed to place bids on behalf of the seller up to but not reaching the reserve price. This is nothing new and I think most of the auctions clearly make this information available as I remember seeing it and I've never been involved with an auction. That's one reason why you don't want to look at what a car was bid up to even if it didn't meet the reserve. You might see a car with a reserve of $100K bid up to $90K and think that's what someone is willing to pay. But that's not necessarily a real bid. I don't think there is any new information here regarding auctions but it seems like a lot of people never knew about the auctioneer placing a bid for the seller.

[69LM1]

Yep, I was just an expert witness in a court case where a top salesman left a company and sent an email to a multi million dollar client, posing as the president of his old company. He played like the owner of the client company was "accidentally" included in the email where he stated that company #1 could'nt wait to screw the client again this year. Then he contacted the client as company #2, saying that he left company #1 and could he earn the client's business. He thought he was being smart by using hotmail. We got the email headers, traced the IP back to company #2, and correlated everything back to company #2.

They setteled the case.........

[southernfriedcj]

For years I have heard the mantra from the BJ auction TV coverage that (and I paraphrase) "you just need two guys that want the same car" to drive the price up. It is now apparent that you just need one guy that wants the car and a house shill, to drive the car up.

On another note, if a car had a low reserve set(under value), could the house have their shill bid it up to the reserve and then drop the gavel?

[427.060]

Something seems a little odd here. Texas Muscle Cars registered here over a year ago and never posted a message on the boards until his name was mentioned. Someone else registered from his computer and denies knoing him. All of a sudden he appears after 13 months and denies that anyone registered using his computer.
James

[southernfriedcj]

[ QUOTE ]
That's one reason why you don't want to look at what a car was bid up to even if it didn't meet the reserve. You might see a car with a reserve of $100K bid up to $90K and think that's what someone is willing to pay. But that's not necessarily a real bid.

[/ QUOTE ]

I'm guilty of this. I read the auction results and check the "no sales" and have alway thought that the "no sale" price was the fair market value of the car on the day.