Gankit

I would give Zero stars if I could. I purchase a bundle of "bids" on this site a while back, but then they stopped auctioning items and the website had looked abandoned. I tried to contact Gankit multiple time without success. Eventually the website started working again, but all the bids on my account are gone! Tried contacting Gankit again, but no luck. They do not have an email or phone number to call. No way to contact them. Basically this website STOLE $100 dollars from me. BEWARE. Don't make the same mistake I did!

It may go for cheap on the price but look at how much it costs to get it. Last nite someone won after 2.5 hours at auction price of 57.53 but it cost him 889.00 in bids at. 55 a bid, way more than if he had bought it outright. Overall auction bids brought in 3164. 00 for Gankit not including the 8 Gankit buys. The auction goes on forever just clicking away at your. 55 per bid and before you know it you have spent more that it actually cost.

Gankit has returned under new ownership and is now Gankit Corporation, so some of the older posts are irrelevant. Gankit over the last year has shipped all of my orders and Gankit has had wonderful customer service whenever I write in to Gankit's Customer Support Team. I would recommend Gankit to anyone looking for deals at up to 99% off. Don't forget to check out Gankit.com's GankIt feature which really differentiates them from their competition.

I will say this penny auction has more style than the 1000s of other ones out there. Still not sure how to really trust these things when nobody audits them. They would actually do much better if there was some goverment run agency to verify these things just like gambling sites or lotteries are state regulated. Still if you are going to spend your money on these things make sure you read this first

http://www.walletpop.com/blog/2010/08/13/penny-auction-sites-are-hot-but-have-more-risk-than-reward/

I would give GankIt the $#@! Review but I can at least say that I did bid and ganked an iPad (first gen) at a pretty good price from them earlier this year. As of today, I looked at the site and not one single auction has been held since March 15,2011. The site keeps showing "COMING SOON" or if you view the last call category, you get this: There are no Ganks available to the public at the moment." What do these two statements really mean? As a registered user, I used to get e-mail notices of upcoming auctions. NOTHING, AND I DO MEAN NOTHING has been sent to my mailbox in well over a month. I still had some bid money tied up in the site, my guess is that I can kiss those funds goodbye.