Speaking of that which doesn't stick and doesn't fit on a nice lens,
but not the OM nirvana....
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=2965242120
What one could buy in the way of an optical jewel for $800.
Smells fishy to me, but will help eBay meet another day's quota.
Bill
On Nov 24, 2003, at 9:42 AM, John A. Lind wrote:
There's another strategy [OK, Conspiracy Theory] . . . don't know if
it's done on ePrey or not.
It has a parallel in horse racing called "darkening [or coloring] the
horse." In thoroughbred horse racing the owner can put the horse in
races it isn't suited for (too long if it's a sprint horse; too short
if it's a route horse; grass versus dirt, etc.). After building up a
record of poor racing and perhaps dropping a notch or two in the
claiming amount, the owner then trains it up to prime and enters it in
one for which it's well suited and then bets heavy on it hedging that
the paramutual odds will stay up.
On ePrey, someone could conspire with several others to make a series
of transactions with exceptionally high closing prices . . . and then
they sell their stuff after they've driven outsiders' perceptions
about the market sky-high. Done well enough, it could easily repay
the earlier transaction costs (ePrey commissions) and still have more
than plenty left over. Relatively high risk that it would work, but
the consequences don't involve that high a loss. If these guys turn
around and start selling in a few weeks, my BS detector would go off
here.
How's that for sophistication?
OTOH, the most credible theory to me is a couple of guys with more
money than they know what to do with to throw at what they want. The
closing prices I've read in this thread are absurd!
-- John
At 07:24 AM 11/24/03, Anderew wrote:
I'm not sure that's a shill:
- gryphonbay bid very high early on, a risky maneuver if he's
just trying to drive up bids.
- He's adding "epsilon" (0.56) to his bids to defend against
someone else doing likewise.
- He covered his last bid with another, $25 higher, at the
last minute.
- He won (though of course this could happen to a shill).
So if he's not a real bidder he's faking it well. He may just be
another
maniac with lots of money. :-)
On the other hand gr8southlongisland does seem to be getting very high
prices.
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