Shill Bidding
So..bidding has opened and the auction is theoretically on day one of a 6 day auction.
Apparently, there are so many people out there desperate to get this V8 that there have been 14 bids from 8 different bidders within only a few hours of the auction opening and over 5 days still to go. All this activity on the basis of a sparse advert that's not even complete yet! Who are these people trying to kid?
As any seasoned E-bay seller will have experienced, this just does not happen in the "real world".
Bid is already up to £7300.
I predict that the price will edge up a bit from here and then there will be a lull for a day or two at what seems to be an attractibve price (£8k-£9K?). It will then be "pushed up" again near the end.
Watch and learn!
Last edited by palwing; 6th October 2007 at 16:05..
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