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General Storage Auction Talk / Re: Another busy month ahead
« on: January 30, 2011, 05:48:21 PM »
So at the very last location someone new showed up. Someone who I had been talking to throughout the day said that it was likely that noone would be able to get any of the remaining lockers. It turns out that the guy who showed up was from the local mob. I was told that sometimes he will bid $300 on a locker before they even open the door to the unit up. I'm assuming this is because he is laundering money by buying the lockers and claiming he turned a large profit on the unit. Is this how you would interpret it? I think he ended up buying a couple of lockers.