15 Jun
2016
15 Jun
'16
1:09 p.m.
Not contesting the rule, but it seems odd. The $4K value is a reflection of the next highest bidders high bid. The bid that was retracted was for an amount just over or substantially over $4K. With it retracted, don't we now know what the second highest bidder's maximum bid currently is / always has been (eg $4K)? This seems a bit unfair to the new high bidder (previously second). The current $1340 price is actually determined by the next-next highest bidder (3rd in line over all) and not the current high bid holder. It's an odd (and seemingly unfair) rule. -Alan On 2016-06-15 11:35, Dave McGuire via vcf-midatlantic wrote:
Sellers do not have to approve bid retractions.
-Dave