eBay question... I may have already asked

[Archive]

Posted By: Joe D.

This is a head scratcher to me, and I prefer not pointing to the particular auction because it is still ongoing (and I hope to win it )


Here is the question:
On a reserve auction, can a bidder select to automatically bid as high as the reserve (without competing bids running it up)?

I see an auction where the initial bid price (when it had no bids) was much lower than what the current bid is...
yet there currently is only one bid.

So how did that one bidder bid higher than the initial bid? which subsequently was exactly the reserve price (reserve now met).