Home  >  Community  >  The eBay Outlook  >  Take a chance or Cancel the Bid??


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 cape123
 
posted on January 16, 2001 11:56:13 AM
I have a current auction that has an unusually high bid. I have sold three identical items in past week that sold for $150 less than what this guy bid. This bidder has 0 feedback and shades. There is also 5 days left in the auction

So my question is, should I ride it out and see if the bidder pays ( because I KNOW noone will outbid) or just cancel his bid on base of suspicion.

 
 Zilvy
 
posted on January 16, 2001 01:43:18 PM
looks like you have a lot of fairly new buyers bidding, the high bidder has only bid $5.00 more than the next high bidder. I don't see that you have a problem or a real reason to take any action.


 
 bkmunroe
 
posted on January 16, 2001 02:04:44 PM
Cancel the 2 highest bids. It looks like a classic case of bid shielding.

Your 2 high bidders joined yesterday, they both bid high just a few seconds apart, and the email addresses are both from cjb.net.

You can always request their info. I bet they're both the same or, obviously, phony.

 
 cape123
 
posted on January 16, 2001 02:16:52 PM
yes, but what should I put as reason for cancellation. "Unusually high bid price? "


 
 mrpotatoheadd
 
posted on January 16, 2001 02:20:03 PM
Suspiscious bidding activity.
 
 Julesy
 
posted on January 16, 2001 02:22:56 PM
Make sure you email them (and CC Safeharbor) and request that they not bid on your auctions again.

 
 cape123
 
posted on January 16, 2001 02:32:46 PM
Uh...

The weirdest thing just happened. I only cancelled the top bidder and then the price dropped $300.00. CAN SOMEONE EXPLAIN THAT??!!

 
 Julesy
 
posted on January 16, 2001 02:38:45 PM
Your high bidder...the one that is there now, has a *ridiculously* high proxy bid...that is why it dropped so far.

Do you understand how you were/are being bid shielded?

 
 mrpotatoheadd
 
posted on January 16, 2001 02:39:05 PM
B bids $53, bid is at $53
M bids $389, bid is at $54
H bids $390, bid is at $390

Remove bidder H, bid reverts to $54

I think.
 
 kerryann
 
posted on January 16, 2001 02:46:40 PM
You should also cancel the bid of the other person at cjb.net. Send e-mail to both users and cc it to safeharbor telling them not to bid on your auctions again.


Not Kerryann on eBay

 
 cape123
 
posted on January 16, 2001 02:59:45 PM
OK,

did it. cancelled the two highest bidders. Thanks for the explanation potato.

Can someone please explain to me why someone would do this??

 
 cix
 
posted on January 16, 2001 03:35:41 PM
ALL WRONG !!!!!!!

You should have ended the auction while it had the ridiculous high bid and you could have nailed them then.



 
 Julesy
 
posted on January 16, 2001 03:38:49 PM
LOL! Like they would pay or own up to what they did.

And in the meantime, the seller is stuck with a steep FVF and/or annoyed with the trouble of getting it refunded.

Brilliant.

 
 bkmunroe
 
posted on January 16, 2001 06:42:13 PM
Can someone please explain to me why someone would do this??

Your second-place bidder was the mastermind behind the bidshielding. Although, I hesitate to call him a 'mastermind'. About the only way that he could have made it more obvious would have been to name his fake accounts fakebidder1 and fakebidder2. Placing his bid and 2 phony bids all within less than 1 minute was stupid.

The mastermind bid $53, fakebidder1 bid $390 and fakebidder2 bid $330. Fakebidder1 becomes the high bidder at $335, 1 increment over fakebidder2. Anyone looking for a CDRW will pass on yours because the high bid is too high.

Just before your auction ends, the mastermind retracts both fake bids making him the high bidder 1 increment over the person behind him. So, he ends up winning your CDRW for about $50.



 
 cape123
 
posted on January 16, 2001 09:38:10 PM
I'll be da@*ed.

Thats pretty smart. I guess I'll have to keep my eye out for things like that in the future. Thanks for the explanation.

I just wanted to thank everyone at this forum. I have learned so much and really appreciate everyones help.

 
 
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