Quote:
Originally Posted by calvindog
Iggy, I'm satisfied with Chris Ivy's explanation. It is transparent and not unfair.
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Jeff,
My reading is a little different. Heritage has a rule in place that allows them to bid in their own auctions. Chris' explanation is transparent and not unfair, but he basically, just narrows down the times when Heritage DOES bid in their own auctions.
So there is still a gap between what they CAN do and what they DO do. I do happen to believe him, but their rules ought to be more narrow in scope and more specific about what they are doing.