Feeding Frenzy
Right now woot is having a wootoff. That means items are sold one after another instead of one per day. Its only happens every couple months, and it is a "big deal," with many thousands of wooters hitting F5 as fast as their index fingers can manage.
What I find interesting is that certain items sell out on the wootoff that did not sell out when they were originally sold on woot, at the same price. Now, most items are leftovers that did not sell in the daily sales, and so their prices are even further reduced, one reason the wootoff is so popular. But some items, they dont change the the price at all, and they still sell out.
Its a feeding frenzy, the only explanation, and not exactly a rational one. (the only other argument would be more buyers, but I dont buy that, as everyone in a wootoff checks woot every day, I guarantee.)
What I find interesting is that certain items sell out on the wootoff that did not sell out when they were originally sold on woot, at the same price. Now, most items are leftovers that did not sell in the daily sales, and so their prices are even further reduced, one reason the wootoff is so popular. But some items, they dont change the the price at all, and they still sell out.
Its a feeding frenzy, the only explanation, and not exactly a rational one. (the only other argument would be more buyers, but I dont buy that, as everyone in a wootoff checks woot every day, I guarantee.)
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