Phantom Warrior
Major
- Joined
- May 1, 2009
- Messages
- 6,881
Without being able to read minds or intent...
A seller may set an automatic bid on certain sets, from other sellers, at a price where they can resell the item at a good profit, then immediately relist the item at a higher price. The seller may have a number of the items in stock, however by outbidding other bidders, he in essence protects his price...especially on 'retired' or rarer items.
The seller could, of course, be outbid, and not win the auction, but if the original auction goes for over their bid, he has accomplished his aim.
Of course this could all be coincidence...however it seems to occur more often than mathematical probability might account for.
Just an opinion...and I hope that I have not confused it further.
ebay is a very different place than it was 10 years ago. If someone wants to occasionally sell a few items on ebay, I think the only clean strategy is to list the item at a price you are happy to sell at and skip the bidding, just make it buy it now
Terry