I think if a "market protector" is bidding what he is honestly willing to pay if that is the winning bid (as opposed to a shiller who would retract a bid once he gets in the lead), that is okay. Though, if he is the regular winner, it is a bad investment strategy, akin to throwing good money after bad.
Last edited by drcy; 06-25-2016 at 12:46 PM.
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