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Old 07-02-2008, 02:55 PM
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Default ok Lawyers- Is shill bidding illegal?

Posted By: Chris Nerat

Yeah, but as a potential bidder, to me at least, the shiller is scarier if they can see the max bid... for instance, if joe bids on a ball for a max of $100 and it is only pushed initially to $10, if the seller can see what the max is, they could push it all the way to $99 and Joe would be out that extra cash. Both shills are wrong, but this is worse IMO.

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