Re: [CR]Bidding on ebay with no intention of winning an auction?

(Example: History:Ted Ernst)

From: "Thomas R. Adams, Jr." <kctommy@msn.com>
To: questor@cinci.rr.com, cfenstermaker@cryocor.com
Subject: Re: [CR]Bidding on ebay with no intention of winning an auction?
Date: Fri, 09 May 2003 15:21:54 +0000
cc: classicrendezvous@bikelist.org

The times I've done it have been when my "watch" list is full, I don't really want the item but I'm curious to see how the auction goes, it's early in the auction and the bid is quite low, like under $10 bucks. Then I'll make a minimum bid in order to keep tabs on the item without having to delete something from my "watch" list. As I'm only bidding up an increment of 50 cents or so, I don't think that I'm really "inflating" the price too much.

Or on an occasion when the seller announces the reserve, I might bid a dollar under so that if someone really wants the item, their 'real' bid will meet reserve.

This isn't nearly the problem it was before eBay increased the 'watch' list to 30 items. And on more than one occasion I've won the item with my 'watch' bid.

Tom Adams, Shrewsbury NJ


>From: "Steve Neago"


>To: "Craig Fenstermaker"


>CC: classicrendezvous


>Subject: Re: [CR]Bidding on ebay with no intention of winning an auction?
>Date: Fri, 9 May 2003 11:07:43 -0400
>
>I agree with Craig...
>
>Bidding on ebay auctions without the intent of making a purchase only
>inflates auction prices and causes a distorted perception of market value.
>It looks deceptive to other potential bidders and smacks of "shill bidding"
>if they know the seller...
>
>This is why I am always a "sniper" bidder on ebay... I bid at the last
>minute to win the auction , not place or show. I do not bid up prices in a
>"man to man (or woman)" bidding war or to "wear out" the other person(s).
>
>If Gary likes to bid just for fun, maybe ebay is not the right forum for
>him...
>
>Regards, Steve Neago
>Cincinnati, OH
>
>----- Original Message -----
>From: "Craig Fenstermaker"


>To:


>Sent: Friday, May 09, 2003 10:55 AM
>Subject: [CR]Bidding on ebay with no intention of winning an auction?
>
>
>Gary wrote
>
>
>I've bid on these many times on eBay but never with the intention of trying
>to win the auction. As I recall, they would usually sell for $100 or so;
>perhaps a bit more for NIB kits if there are a few bidders and less if they'
>ve been used at all.
>
>Gary Chottiner
>Cleveland Hts. OH aka pedal-professor
>
>
>I admit I know very little about ebay life,
>but why would a person bid on, (anything????????????????), these many times
>on eBay but never with the intention of trying to win the auction"
>
>??????????????????????????????????????????????????????????????????????
>
>craig g. fenstermaker
>c/o cryocor inc.
>9717 pacific heights blvd.
>san diego, ca 92121
>858.909.2209 voice
>858.909.2230 fax
>
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