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Subject: 
Re: a couple of great bid retractions...
Newsgroups: 
lugnet.market.theory
Date: 
Fri, 7 Jul 2000 04:48:25 GMT
Viewed: 
679 times
  
John Radtke wrote:

You definitely aren't alone.  I've been lucky with only one retraction out of
about 300 auctions but it was a lame 'no $' hours before close and cost me
quite a bit.  While browsing though I see more people and items with
retractions than ever a year ago.

Instead of letting bidders do it themselves, a retraction request approved by
eBay might be nice.  The manpower would likely be prohibitive but then they'd
know how it's being abused.

Well, this might be a crazy idea, but how about if e-bay automatically ended the
auction when someone retracted and restarted?  Or maybe extended the auction by the
amount of time the retractor had a successful bid?  I could see as a bidder it
would be disappointing, but since I wouldn't be winning the auction anyhow, it
probably makes me no worse off and actually might increase the chance I could win
the auction.

What if a sniper tries to retract a bid?  How about when the auction ends and the
buyer doesn't come up with the $ for whatever reason?  What happens then?  I am
curious because I may start e-baying some stuff of my own.

Toki



Message has 1 Reply:
  Re: a couple of great bid retractions...
 
(...) I am somewhat reassured and concerned that others are seeing this now... (...) I have not done much browsing lately, but I did see that I was high bidder a couple of times recently when the bid that beat mine was retracted. (...) I agree with (...) (24 years ago, 7-Jul-00, to lugnet.market.theory)

Message is in Reply To:
  Re: a couple of great bid retractions...
 
(...) explaination (...) late ones hurt.. (...) You definitely aren't alone. I've been lucky with only one retraction out of about 300 auctions but it was a lame 'no $' hours before close and cost me quite a bit. While browsing though I see more (...) (24 years ago, 7-Jul-00, to lugnet.market.theory)

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