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Old 03-26-2007, 10:19 AM   #11
Back Beach
Respect your elvers
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Join Date: Mar 2004
Location: franklin ma
Posts: 3,368
This guy could be bidding up the price of selected plugs in order to unload his own stash. Its done in the stock market frequently.He could be bidding big money for one lure, and then unloading his stash of like lures for 300-400 percent above his purchase price. Here's how it works: You buy a bunch for 20, then bid 200, thus creating a market at 200. When the bid hits 200, you unload the stuff you paid 20 for at 100-150, maybe even 200.
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