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Subject: 
Re: It's not cold feet, it's bid shielding
Newsgroups: 
lugnet.market.auction
Date: 
Mon, 2 Oct 2000 22:38:57 GMT
Viewed: 
1326 times
  
Thanks for the explaination, I kinda figured something was going down there,
but did not know exactly what...

:-)

Rick

In lugnet.market.auction, Clark Stephens writes:
> Rick,
> That wasn't cold feet, that was 'bid shielding'. It's where a perp uses two
> really high bids to protect an auction, then deletes one right before the end
> of the auction. I reported the auction to safeharbor@ebay.com when I read this
> thread last night. This morning I got a note from safeharbor saying the users
> were suspended (check the bid history).
> 
> If you want to know more about unallowed bidding on eBay go here:
> http://pages.ebay.com/help/community/investigates.html
> Personally, I have found that safeharbor does a good job dealing with reported
> offences. It took them less than 12 hours to respond to this one.
> 
> Some clues that something is amiss:
> 1) The $800 max bid mentioned in this thread is extreme, even for a MISB
> shuttle.
> 2) The error bid being just $10 over that max is odd.
> 3) The bid was canelled just minutes before the end of auction.
> 4) The cancelled bidder didn't re-enter a corrected $310 bid.
> 5) The canceled user had signed up with eBay on Sept 25, just after the
> auction began.
> 6) The canceled user began with a ID name very similar to the winning bidder &
> changed it the same day.
> 7) The winning bidder has 1 feedback with 3 bid cancelations on other • auctions.
> 
> This kind of activity hurts us all. It takes just a minute to look a bit
> further & you can use the "mail this auction to a friend" link on the auction
> page to send any suspicious auctions to safeharbor@ebay.com. They can't do
> anything unless we let them know. And at least when I've contacted them, their
> response has been positive.
> 
> I am available via the board or email if anyone has further questions,
> Clark
> 
> 
> In lugnet.market.auction, Richard F. Vendl II writes:
> > In lugnet.market.auction, Mike Walsh writes:
> > > 
> > > "Deadmaker" <Deadmaker7@aol.com> wrote in message
> > > Here is another one:
> > > 
> > > http://cgi.ebay.com/aw-cgi/eBayISAPI.dll?ViewItem&item=448460395
> > > 
> > > I like this set, but not this much!
> > > 
> > > Mike - mike_walsh@mindspring.com
> > 
> > Looks like this guy got cold feet, however claims he entered the wrong • amount,
> > although it still did prove that new top bidder's maximum bid was $800.00, • wow!
> > 
> > http://cgi6.ebay.com/aw-cgi/eBayISAPI.dll?ViewBids&item=448460395
> > 
> > Rick



Message is in Reply To:
  It's not cold feet, it's bid shielding
 
Rick, That wasn't cold feet, that was 'bid shielding'. It's where a perp uses two really high bids to protect an auction, then deletes one right before the end of the auction. I reported the auction to safeharbor@ebay.com when I read this thread (...) (26 years ago, 2-Oct-00, to lugnet.market.auction)

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