COE Bidding – February 2021

[andrewyewkc]

3 minutes ago, wlalala said:

if 5pm 1 dollar I chop my didi

You are brave brother!

[Jamesc]

Isn't he the eunuch?

Man times over?

[Fyo8822]

LOL. Got so many chop didi ah.

[new_user1988]

I better not play chop didi. I want celebrate new year with my didi intact.

[Atachi]

Up down don't matter liao.

Up I still get car (6BG) down I also get car plus rebate. 🤣 

Don't think so much wait for call, but mine will most likely after CNY.

[kermitfm]

As long as the bid received is less than the available quota, the COE price will be $1. Once the number of bids received is more than quota available, even if the excess is +1, the COE price will jump because the automatic bid revision of all the bids which the bidder submitted will kick in. This is why we all see the spike in price. The auto revision of each bid will stop until it reaches its' reserved price. The only way the COE price will be $1 will be if the number of bids is less than the quota and that's a pipe dream.

[crazythen]

LTA finally got bettered at its own game. Well done Feb car buyers. 

[Fyo8822]

Just now, Atachi said:

Up down don't matter liao.

Up I still get car (6BG) down I also get car plus rebate. 🤣 

Don't think so much wait for call, but mine will most likely after CNY.

Which car did you purchase?

[Atachi]

1 minute ago, Fyo8822 said:

Which car did you purchase?

The "new" Odyssey as a family car.

Edited February 3, 2021 by Atachi

[crazythen]

345pm and Cat B still 1 dollar. The force is strong to hold!

[Wildfaye29]

Where is the invisible hand?

[Jamesc]

I said it before and I will say it again.

GCOE is the way to go

[crazythen]

Just now, Wildfaye29 said:

Where is the invisible hand?

Most likely LTA has been put at its place. 350pm d still 1 dollar. 

[Jamesc]

Maybe everyone put their money in GME instead of COE?

[wlalala]

are we about to witness a cat b crash?

[Atachi]

Just now, Jamesc said:

Maybe everyone put their money in GME instead of COE?

SLV rush. Both dropped over night.

[Seya]

17 minutes ago, crazythen said:

LTA finally got bettered at its own game. Well done Feb car buyers. 

Like GameStop share, social media has the power. As long as all the buyers stay together, $1 COE is not impossible.

[crazythen]

33k jumped to 40k!!! Just like that. Na ni!!!!

why not slowly and progressively bid upwards...