Re: eBay WTH?

[magnusfalkirk <dean.phares@gmail.com>]

On Aug 20, 8:31 pm, w...@futility.com wrote:
> On Wed, 20 Aug 2008 12:14:14 -0700 (PDT), a2...@hotmail.com wrote:
> >On Aug 20, 10:27 am, Charlie Springer <R...@regnirps.com> wrote:
>
> >> Ambitious seller. No bids at $600? What;s the matter folks! get in there.
>
> >I show it having 12 bids.
>
> There is also something fishy about the bids. When you look at the
> bids with the "automated bids" turned on it shows that the last four
> bids were all by m**r for $300, $400, $500, and $600 with all of them
> placed within 1 minute. The five before that were all by a**a fir $50
> (the last one to meet/beat an automatic bid), $70, $99, and $110. a**a
> also placed two prior bids. All of a**a's bids were placed a little
> over an hour before m**r's bids and all of a**a's bids were placed
> within two minutes from start to finish.
>
> Assuming that a**a's bids were legitimate, then we must assume that
> the additional bids were guard bids. However we should not be able to
> see the additional bids by m**r beyond the single increment above
> a**a's highest bid. Since the bid increment for $150 is $2.50, we
> should see one entry for m**r at $152.50.
>
> Just my seven cents worth.

those bids by m**r were probably his high bid response to someone else
trying to out bid him for the GS. If you notice his first bid is $300,
which was probably what it took to outbid the person with the $150
bid. He could have set his initial bid at, let's say $1000, $300
outbid the previous high, it bumped to $400, $500 and $600 as other
people tried to outbid him.

Just my guess,
Dean