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10 votes

Why would a seller at an auction set their reserve price hidden?

I found this puzzling also at first. But after reviewing many past successful and unsuccessful ebay auctions, I came to this conclusion: Keeping the reserve price a secret is all about the psychology ...
Mattman944's user avatar
  • 1,718
1 vote

Is it possible to "Buy Up the Ask"?

Yes. Your demand for shares reduces the quantity supplied at the ask price. If you purchase all of the shares supplied at that price, the next share purchased will have to be at a higher price ...
Joshua Stafford's user avatar

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