Morning Folks!!
Phone bid registrations are pouring in as the deadline closes in. SameAsCash.com leads in registrations as of last night. I think the final number will show 60% of the lots will have phone bidders. Of those most have multiple bidders registered. Last year 15% were phone bidders.
We will sort through the final numbers tonight and I think folks are going to be pleasantly surprised with the outcome on Monday afternoon. This auction will be a real test of the market no matter the outcome. Those that know me know that the market is smarter than I will ever be and I will always take the verdict of the market over all the chatter and noise. It's a barometer of where we are and that barometer has value in the future as well.
That's if for now. If I get any surprising numbers, I will advise!
Rick Schwartz
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