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Strategy for COE bid amount


Skxly
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Neutral Newbie

If you have decided on your bid range, what is the right bid price that should you put in? This is critical since you may have to wait for the next bidding exercise if your failed bid is just short of a few dollars or worst case $1. And you may not be near an ATM to revise your bid near the closing. Lucky digit 8 has only won once in this year while digit 9 has won 16 times. Read on to find out why ...

 

Here's my analysis of the lowest winning bid prices in 2009 at my blog post Lucky Bid Price.

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