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I'm not quite sure how this qualifies as shill
bidding?
You have one guy that's just starting out that was
high bidder, and was outbid by another guy that has quite a bit of
experience. New guy comes along and gets the high bid again, only to have
the experienced guy come along and enter a bid that he hopes is high enough to
outlast the new guy.
New guy comes back, and tries to find a bid that is
just high enough to become the high bidder again, and bids in small
increments. Maybe 25? nope. maybe 29.95? nope.
Maybe 32? nope. Since he really wants it, the next thing you know
he's bid the thing up to 102.50 in small increments. Now, he doesn't want
anybody else to come along and outbid him again, so he's added another high bid
after his last one that put him on the top as a cushion.
I don't know either of the bidders, but that's how
I see the bidding. Maybe I need a better idea of shill
bidding?
Tim
----- Original Message -----
Sent: Thursday, March 24, 2005 7:28
AM
Subject: Re: [FWDLK] auction fever
A classic example of shill bidding. Take a look at the bid
history.
Ron
----- Original Message -----
Sent: Thursday, March 24, 2005 7:27
AM
Subject: [FWDLK] auction fever
Anyone need one of these? I just happen
to have a spare to sell. Check it out! Ebay item
number...
7962911712
John in WI
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