Fort Lauderdale, FL (PRWEB) June 9, 2010
PennyAuctionInvestigator.com is a new online resource for penny auction enthusiasts who want to know more about the numerous penny auction sites circulating the web today. Since the penny auction industry today practically runs without any form of oversight or regulation, the opportunity to fill that void was something that prompted the creation of PennyAuctionInvestigator.com. In a nutshell, the site is aimed at keeping tabs on what's happening in the world of penny auctions.
Launched in the first quarter of 2010, PennyAuctionInvestigator.com began with a few reviews of the top penny auctions on the web, with big sites like Swoopo, Beezid, Bidray among those who were first scrutinized by the site.
PennyAuctionInvestigator.com also analyzes each penny auction's visitor traffic, pointing out which sites are the busiest, and which ones have few active members. With more and more penny auctions scamming their members through the use of 'bots' that simulate human activity, this can be a useful reference for bidders who want to determine the transparency of a penny auction site.
The folks at PennyAuctionInvestigator.com prefer to call it like they see it, offering unbiased reviews and opinions of the best, and worst, penny auctions. Most penny auctions "sell" the idea that a single penny can buy you an HDTV, iPod, and whatever big-ticket prize you can think of. This in fact, rarely happens and it's understandable how site members are easily mislead and duped. PennyAuctionInvestigator.com sets the record straight on these "anomalies" and even outlines instructions on how to get started at each penny auction.
According to the site's management, they hope to add other features on PennyAuctionInvestigator.com, such as a forum, review section, and more. With the penny auction community growing at an incredibly fast rate, it's good to have sites like PennyAuctionInvestigator.com who keep an eye on things.