Username
Password
Login is SSL protected. By clicking on "Log in Now" you agree to gixen.com terms of usage.


   SearchSearch     

Strange - gixen shows a much higher current price

 
Post new topic   Reply to topic    Gixen.com Forum Index -> Support
View previous topic :: View next topic  
Author Message
gixer
Guest





PostPosted: Tue Dec 22, 2009 9:52 am    Post subject: Strange - gixen shows a much higher current price Reply with quote

Item 140367848166

At 9.51 AM Pacific time, Gixen shows me current price = 224.50 USD whereas it is only $61 on ebay at this time.

Could it be because bids were that high before and the seller cancelled those bids...?
Back to top
mario
Site Admin


Joined: 03 Oct 2006
Posts: 7110

PostPosted: Tue Dec 22, 2009 12:33 pm    Post subject: Reply with quote

Yes, there was a retracted bid of 222, you can see it in the bid history. Even though it was retracted, it was not a high bid at the moment, so the current price jumped to 222 + bid increment.
Back to top
View user's profile Send private message Send e-mail
juangrande



Joined: 09 Aug 2007
Posts: 890
Location: San Diego, California, USA

PostPosted: Tue Dec 22, 2009 3:37 pm    Post subject: Reply with quote

Everything Mario said is correct, but it's strange that the high bidder bid after the bidder who retracted. Why would someone retract a bid after being outbid? Unless, it's a case of bid shielding...
_________________
John

If you don't know where you are going, you will wind up somewhere else.
--- Yogi Berra
Back to top
View user's profile Send private message
mario
Site Admin


Joined: 03 Oct 2006
Posts: 7110

PostPosted: Tue Dec 22, 2009 8:20 pm    Post subject: Reply with quote

juangrande wrote:
Everything Mario said is correct, but it's strange that the high bidder bid after the bidder who retracted. Why would someone retract a bid after being outbid? Unless, it's a case of bid shielding...


True, that is strange. There was still around 45 minutes left between retraction and auction end, so it does not look like bid shielding.
Back to top
View user's profile Send private message Send e-mail
Gixen
Advertisements





PostPosted: Tue Dec 22, 2009 8:20 pm    Post subject:

Back to top
Cupid



Joined: 09 Aug 2007
Posts: 7567
Location: Bristol, UK

PostPosted: Mon Dec 28, 2009 2:03 pm    Post subject: Reply with quote

The high bidder is now no longer registered. I suspect that it was an auction wrecking, perhaps the bidder had one of their own for sale at that time, or had a grudge against the seller for some other reason.
_________________
Mark
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic    Gixen.com Forum Index -> Support All times are GMT - 8 Hours
Page 1 of 1

 
Jump to:  
You can post new topics in this forum
You can reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum

© 2006 - 2023 Gixen.com. Forum powered by phpBB © 2001, 2005 phpBB Group.