Quote:
Originally Posted by pgellis
It's at the opening bid of $29.95 with about 3 hours to go.
This is the only item that this seller has active, so I don't think he has anything to do with it. But why would someone continually retract bids? Can't be drunk eBaying can it? 
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They are bidding to see what the top bid is. They now have an advantage over the top bidder in that they know what they are willing to spend on the item. They retract and then decide if they want to bid on the item again, usually with a snipe.