Jerry,

Apparently you didn't following the entire thread on subject, or maybe you did and we just have our wires crossed. In any event, I explained the X times value thing along with my thoughts on reserves. I thought everyone got that. The bottom line is this. If someone is truly interested in something, they will examine it, establish a price they are willing to pay, then bid on it. To blame me for setting a reserve that wasn't met is a little childish, in my opinion. You didn't know what the reserve was, and for all you know, the high bidder may have been close to breaking it. If I had wanted everyone to know, not just a select few, I would have included that information in the auction.

Have a great day,

Sam