There is just shy of 25k auctions on eBay right now - no doubt with many of those taking advantage of a recent eBay special to list auctions for a penny.  So thousands of sellers are rolling the dice on these penny auctions cashing in on a chance to see if someone will pay their price.  Some are just using it as cheap advertising to put their name out there and get some offers going on the side.  However, come next Tuesday when the bulk of these auctions end it will be judgement day on the penny auction strategy.