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-   -   Explain this... (http://www.net54baseball.com/showthread.php?t=148688)

freakhappy 03-11-2012 01:37 AM

Explain this...
 
Can anyone explain this bidding activity???

http://www.ebay.com/itm/T206-T-206-A...item3372a18123

deebro041 03-11-2012 01:53 AM

Ocd!?!:d

frankbmd 03-11-2012 06:12 AM

Transparency
 
Forty overbids at the $60.00 level in $1 increments puts him at $100.
Someone should place a $97 snipe bid to reinforce this bidding pattern. The 97 dollar bid will not win the card, but will make the original overbidder feel great that he went high enough. This is what I would call a "transparent" bidder. I think it is the same guy recently discussed on the "spastic bidder" thread on this board.

Pup6913 03-11-2012 10:08 AM

he bid 89 times on another card:eek:

Moonlight Graham 03-11-2012 10:25 AM

Quote:

Originally Posted by frankbmd (Post 974547)
Forty overbids at the $60.00 level in $1 increments puts him at $100.
Someone should place a $97 snipe bid to reinforce this bidding pattern. The 97 dollar bid will not win the card, but will make the original overbidder feel great that he went high enough. This is what I would call a "transparent" bidder. I think it is the same guy recently discussed on the "spastic bidder" thread on this board.

i'm going to bid 99.99-we'll see what happens..........

Moonlight Graham 03-11-2012 10:27 AM

Quote:

Originally Posted by frankbmd (Post 974547)
Forty overbids at the $60.00 level in $1 increments puts him at $100.
Someone should place a $97 snipe bid to reinforce this bidding pattern. The 97 dollar bid will not win the card, but will make the original overbidder feel great that he went high enough. This is what I would call a "transparent" bidder. I think it is the same guy recently discussed on the "spastic bidder" thread on this board.

great call Frank!!

Moonlight Graham 03-11-2012 10:29 AM

maybe the seller is having this guy bid? how stupid because all he's going to do now is pay more fees:confused:

novakjr 03-11-2012 10:31 AM

Quote:

Originally Posted by frankbmd (Post 974547)
Forty overbids at the $60.00 level in $1 increments puts him at $100.
Someone should place a $97 snipe bid to reinforce this bidding pattern. The 97 dollar bid will not win the card, but will make the original overbidder feel great that he went high enough. This is what I would call a "transparent" bidder. I think it is the same guy recently discussed on the "spastic bidder" thread on this board.

Yeah, I think there's a chance that this guy overthought this whole thing. But yes, I agree about your assessment. His bidding pattern accomplishes 1 of 2 things, to get the card cheaper. A)The bidding looks suspicious, and may keep someone else from bidding. and B)Any thought would point to his high bid being $100, and people may not bid again, knowing that they don't wanna go that high.

Either way this guy's trying to score the card closer to $60, than 100, and this bidding pattern might accomplish that. Unless, someone wants to counter-dick him...

freakhappy 03-11-2012 10:48 AM

Quote:

Originally Posted by Moonlight Graham (Post 974600)
i'm going to bid 99.99-we'll see what happens..........

Did you bid on the item? I noticed it's at $100...that's great :D

Moonlight Graham 03-11-2012 10:55 AM

Quote:

Originally Posted by freakhappy (Post 974612)
Did you bid on the item? I noticed it's at $100...that's great :D

yeah-i bid 99.99:D now we'll see if that crazy bidder retracts his bids so i turn into the high bidder-then the seller can have someone else bid me up to close to my bid.

novakjr 03-11-2012 10:57 AM

Wow, it appears he had a few bids over $100. Hell, he even threw me for a loop with the 99.75 bid.. Very entertaining.

Pup6913 03-11-2012 11:11 AM

well its up to $108 now:rolleyes:

frankbmd 03-11-2012 11:50 AM

Bidding patterns
 
Quote:

Originally Posted by Moonlight Graham (Post 974602)
great call Frank!!

THANK YOU VERY MUCH. Identifying bidding patterns can be helpful at times, unless of course you are comfortable with $10,000 snipe bids on $200 cards, which is a strategy I might employ if I knew there wasn't another $9000 sniper out there bidding one second before me.

frankbmd 03-11-2012 12:04 PM

Quote:

Originally Posted by novakjr (Post 974606)
Yeah, I think there's a chance that this guy overthought this whole thing. But yes, I agree about your assessment. His bidding pattern accomplishes 1 of 2 things, to get the card cheaper. A)The bidding looks suspicious, and may keep someone else from bidding. and B)Any thought would point to his high bid being $100, and people may not bid again, knowing that they don't wanna go that high.

Either way this guy's trying to score the card closer to $60, than 100, and this bidding pattern might accomplish that. Unless, someone wants to counter-dick him...

With one dollar increments below the $60 level this one was easy to figure out. Thanks to Moonlight I was vindicated. Another pattern exists though and I haven't actually seen it. If you outbid yourself, you do not have to exceed the increment of an existing bid. Therefore you could place 100 bids with one penny increments raising your bid by only only a dollar in an effort to intimidate other bidders without putting yourself at risk.

I hope this bidder is not on this board or else next week we will talking about the Ebay item with 1000 bids.

Moonlight Graham 03-11-2012 01:09 PM

Quote:

Originally Posted by frankbmd (Post 974632)
With one dollar increments below the $60 level this one was easy to figure out. Thanks to Moonlight I was vindicated. Another pattern exists though and I haven't actually seen it. If you outbid yourself, you do not have to exceed the increment of an existing bid. Therefore you could place 100 bids with one penny increments raising your bid by only only a dollar in an effort to intimidate other bidders without putting yourself at risk.

I hope this bidder is not on this board or else next week we will talking about the Ebay item with 1000 bids.

Also i would add that i think the seller is in on this type of crazy bidding too-i'll tell you why: if that was my auction i would have cancelled that bidder's bids for fear that he may scare away my real buyers. plus you were able to figure out where the bidding was at anyway Frank, so if i was the seller i would look like a total scammer. i don't know why he just doesn't list the card for the price he actually wants or just slightly more so that he could have room to deal:confused:

Pup6913 03-11-2012 03:06 PM

Quote:

Originally Posted by Moonlight Graham (Post 974649)
Also i would add that i think the seller is in on this type of crazy bidding too-i'll tell you why: if that was my auction i would have cancelled that bidder's bids for fear that he may scare away my real buyers. plus you were able to figure out where the bidding was at anyway Frank, so if i was the seller i would look like a total scammer. i don't know why he just doesn't list the card for the price he actually wants or just slightly more so that he could have room to deal:confused:

Same thing happened about 2-3 wks back to a card I had bid on. The bidder jacked the price to about double the value, had about 30 bids on it, and 10+ retractions. I emailed the seller with my concerns and he cancelled the auction and relisted it. I placed one bid on it for min and to my suprise 7 days later I won the auction for cheaper than I had offered him before and less that the card was worth:D

2dueces 03-11-2012 03:43 PM

Bizarro world. It takes all kinds to make e-bay fun to watch!


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