$2 Apple iPad: SOLD

iPad sells for $2.00!!
As unbelievable as it may seems, Sellmoo recently sold an iPad for $2.00. That seems like really a far cry from the iPad’s $500 starting price.
Or how about A HP 2009M 20-Inch HD LCD Monitor for $1.24? That’s 82.27% off the retail price!!
These are all happening at Sellmoo.com. This new online penny auction, is certainly changing your perspective about online shopping.
Besides iPads, Sellmoo offers all the high end items you can think of – PS3s, Xbox 360s, iPhones, TVs – all at huge huge deals!
Tag as Sellmoo – Competitive Shopping, “Sellmoo is a unique shopping site where you have to compete with others to win huge deals on a variety of products such as; computers, TVs, video games, gift cards, cell phones and more!” as described in their About page.
Don’t ask me how me how the sellers make money. One thing for sure, the buyers get to save a great deal.
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Calling penny auctions an auction is plain and simple wrong.
You have to buy tickets to be able to place a bid, and by the time anyone gets a winning bid, the seller will have made a huge profit on what they are selling.
Stay away.