How about this Rock Ola Housing buy?

[lbelflowers]

Agreed Dave!

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[ChipS]

Charlie: I am not too worried about the stocks and oilers yet but the humpers will soon make it impossible to tell on most of them too - if the price gets right. I am gun-shy as hell about the hammers though - particularly the doglegs. I have my own hammer system that I think is as safe as I can get it without being a BrianQ or others. But, I am sure the humpers will get it down eventually and I will never know the difference. When I think about the left coast I wonder just how many of the different carbine parts are currently being knocked out in Shanghai as we speak.

Dave: I understand your point very well and didn't mean to refute it in any way - and you may well be right on the money re trigger housing group auction. I am an engineer and not a pure dog-eat-dog businessman, so I cannot fathom many/most/all (pick one) of the multi-faceted tricks and maneuvers of the sales trade to maximize profit. I (sort of) understand the first guy who bid over the moon to make sure he got the part at market value, assuming the next bidder would go up to what it was more or less worth. But he did not have to bid that high to insure a win even if the second bidder went up to true value +. What I don't understand is the second guy picking his way that far up the ladder, knowing with each bid he might pay 2-3 times what it was worth. UNLESS it was two well-healed bulls butting heads or there is something else going on under the sheets. I don't know but I think there is a lot more than meets the eye in this auction and a lot of others we're seing today. JMHO

I think the abundance of nice parts now showing up in the auctions is probably the result of all those CMP carbines just now being cannibalized, coupled with the change of religion at eBay. What say you?

Thanks for the thought provoking discussions. ChipS

[ChipS]

Well, Hercules Powder posted his message while I was drafting mine. Had I read that he did in fact get paid that incredible amount by the winning bidder I would have worded my message differently or kept my mouth shut. I congratulate him on his auction and it appears the winning 'bull' did stand by his outlandish bid. Good for him. It also appears that DaveHH was right on in his assessment of the auction. I apologize to Hercules if I offended him. I didn't intend to. ChipS