Monday, April 30, 2007

Version 1.0.5.3: Show GL Bids w/o endorsement

A lot of forum traffic has been related to Pump&Dump tactics of GLs. My addition of the Verify Bids and Bid Details links was to hopefully alert you to potential P&D activity. A flaw was pointed out that some GLs were not endorsing the listing yet still bidding heavily at the top interest rate.

I have modified the Bid Details function to automatically display the GL bids after the bid summary information. It now looks like this. I could not find a quick example of an outbid situation but instead of saying winning it would say outbid $1,000.00@ 20.00%. Hovering over the line will show the date and time the bid was placed.

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