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Why is this selling for so much?
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<p>[QUOTE="thedabbler, post: 1341251, member: 32800"]The bidding sequence was:</p><p>1) e***l makes the initial bid</p><p>2) d***u makes a bunch of bids</p><p>3) d***u retracts one bid, leaving a high bid of $35</p><p>4) u***7 makes one bid for $36.36, becoming the high bidder and showing d***u's high bid</p><p>5) u***7 retracts the bid, making d***u the high bidder at the original bid</p><p>6) u***7 makes a new bid matching d***u's high bid (which was revealed in step 4)</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Look at the sequence again - d***u didn't make, change, or cancel any bids after u***7 started bidding. d***u's bid cancellation was before u***7 made a bid.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>u***7 made the high bid, revealing d***u's bid, retracted his high bid, and placed a new bid equaling d***u's bid. The sole purpose of u***7's bid was to make d***u pay the max amount bid.</p><p><br /></p><p><br /></p><p><br /></p><p>d***u can't be a shill bidder. With the exception of the first bid, none of the bids changed the high bid, including the bid retraction.</p><p><br /></p><p>u***7 is probably a shill bidder - the first bid showed the current maximum bid. It was cancelled and replaced by a bid forcing another bidder (d***u) to pay the maximum amount bid.[/QUOTE]</p><p><br /></p>
[QUOTE="thedabbler, post: 1341251, member: 32800"]The bidding sequence was: 1) e***l makes the initial bid 2) d***u makes a bunch of bids 3) d***u retracts one bid, leaving a high bid of $35 4) u***7 makes one bid for $36.36, becoming the high bidder and showing d***u's high bid 5) u***7 retracts the bid, making d***u the high bidder at the original bid 6) u***7 makes a new bid matching d***u's high bid (which was revealed in step 4) Look at the sequence again - d***u didn't make, change, or cancel any bids after u***7 started bidding. d***u's bid cancellation was before u***7 made a bid. u***7 made the high bid, revealing d***u's bid, retracted his high bid, and placed a new bid equaling d***u's bid. The sole purpose of u***7's bid was to make d***u pay the max amount bid. d***u can't be a shill bidder. With the exception of the first bid, none of the bids changed the high bid, including the bid retraction. u***7 is probably a shill bidder - the first bid showed the current maximum bid. It was cancelled and replaced by a bid forcing another bidder (d***u) to pay the maximum amount bid.[/QUOTE]
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