It's grotesque. Falls under the same rubric as the thread about bid retractions, in its own way.
It is happening to a card I want as well.
All I can say, is treat all the shenanigans like a reserve and snipe what you'd pay in a Best Offer or card show scenario. And if you win, you win. It's the only way I look at it, and clears out the headache, simplifies it all. I set a snipe and hardly ever look at that nonsense in the bidding histories anymore.
Just my two cents, but this way has worked for me. I set a snipe and wait to see if my offer would win it.
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