There has been a number of sites reporting that Penny Auction Watch ( the popular penny auction watchdog site) is owned by a number of operating penny auctions. I can’t confirm if this is truth or just puffery, however even if it was true, who cares? How is them owning a few penny auction sites supposed to be dangerous to me or any other bidder out there? It’s not.
If they do own a penny auction site, why would they advertise a bunch of other penny auctions which may be their competition?. For the most part I think it’s a pretty awesome website, where I, along with a bunch of others I know go to get their news and reviews.
What are your thoughts?
Alex
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