There's definitely something funny going on, yes. -Dave On 06/15/2016 01:09 PM, Alan Hightower via vcf-midatlantic wrote:
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 The bid that was retracted was for an amount just over or substantially over $4K.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
-- Dave McGuire, AK4HZ New Kensington, PA