View Single Post
  #12  
Old 04-12-2022, 06:04 AM
SuperNovaSS SuperNovaSS is offline
Yenko Contributing Member
 
Join Date: Sep 2001
Location: Santa Cruz, CA
Posts: 6,572
Thanks: 398
Thanked 705 Times in 368 Posts
Default

I disagree on 2 points. First, I think there was a shill bidder but they are likely the second high bidder at $49.5k. Second, I think the reserve was higher than 50k and they high bidder was hoping to win based on the fact that they placed multiple bids over 49.5. Still likely shady business going on but a bit different in my opinion.

Jason
Reply With Quote
The Following User Says Thank You to SuperNovaSS For This Useful Post:
Tidmack (04-13-2022)