1 Oct
2010
1 Oct
'10
11:07 p.m.
3) well before the end, the shill puts in a completely
ridiculous bid.
4) the active bid is moved to one increment over your bid.
5) the shill retracts the "mistaken" bid - "my keyboard stuck"
6) the shill, or shill#2, now places a bid just below yours, so that when
you win the auction, it is at your maximum bid.
This is a variant on "bid shielding", and is a well known pattern. It
sticks out like a sore thumb.
--
Will