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Old 02-14-2010, 07:13 AM
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Jeffrey Lichtman
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Join Date: Apr 2009
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Quote:
Originally Posted by camlov2 View Post
A lower price in a second auction doesn't mean that some type of fraud occured in the first. It is of course possible but not a given.

I would guess that many times two people bid against each other driving a price much higher then expected. Every so often the winner choses to resell quickly due to regret, need of money.....

With one of the two main bidders now out of the picture the same item is likely to sell for much less.
Theoretical possibilities can explain away most fraud; however, statistically when you need a 1 in 10 thing to occur 400 times in a row it becomes an impossibility. Welcome to the world of Mastro.
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