Can someone explain this?

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Posted By: Mike

Recently on E Bay, there was an item that I had to have. Well, at least I thought I had to have. Wanted is maybe a better word. and my wife approved. There were about 3 or 4 bids already down, all well below a hundred dollars. My guess was that the item would go for about three to four hundred dollars. Max. I was going to be busy that night it ended, so with 4 days to go I put in a snipe bid of $2,000.00, "WAY" over it's value by far, thinking no one would outbid me. I came home the next day, and there were 6 bids, 4 of them below $100.00, mine at 2 grand, and then some body at $2,025.00 or so. I have tryed this tactic before, but never have I been outbid like that, on a rather inexpensive item,. I hope he enjoys his prize. I wish I had it. But not for 2 grand. Sheesh....