Does anyone have a good explanation for this auction currently going on at eBay?
auction #330895423540: 1974 Porsche Carrera 2.7 Euro Spec
It seems that the current bid over the last few days is fluctuating wildly, so a trip to the bid history page leads me to the cancellation list (pasted below). Is this a new type of scam?
Bid retraction and cancellation history
Bidder Action / Explanation Date of Bid and Retraction
c***c( 225) Cancelled: US $15,000.00
Explanation: 1974 Porsche Carrera 2.7 Euro spec Bid: Mar-23-13 10:18:19 PDT
Cancelled: Mar-24-13 08:04:06 PDT
u***a( 1429) Cancelled: US $75,000.00
Explanation: 1974 Porsche Carrera 2.7 Euro spec Bid: Mar-24-13 02:31:08 PDT
Cancelled: Mar-24-13 08:03:47 PDT
o***p( 105) Cancelled: US $85,000.00
Explanation: 1974 Porsche Carrera 2.7 Euro spec Bid: Mar-24-13 07:27:37 PDT
Cancelled: Mar-24-13 08:03:38 PDT
m***m( 161) Cancelled: US $60,000.00
Explanation: 1974 Porsche Carrera 2.7 Euro spec Bid: Mar-25-13 23:10:30 PDT
Cancelled: Mar-26-13 07:30:39 PDT
a***n( 218) Cancelled: US $51,000.00
Explanation: 1974 Porsche Carrera 2.7 Euro spec Bid: Mar-25-13 14:12:18 PDT
Cancelled: Mar-26-13 07:30:43 PDT
d***o( 602) Cancelled: US $12,000.00
Explanation: 1974 Porsche Carrera 2.7 Euro spec Bid: Mar-23-13 06:46:29 PDT
Cancelled: Mar-26-13 07:30:57 PDT
o***l( 42) Cancelled: US $34,000.00
Explanation: 1974 Porsche Carrera 2.7 Euro spec Bid: Mar-25-13 13:24:50 PDT
Cancelled: Mar-26-13 07:30:46 PDT
e***u( 94) Cancelled: US $22,000.00
Explanation: 1974 Porsche Carrera 2.7 Euro spec Bid: Mar-24-13 22:10:25 PDT
Cancelled: Mar-26-13 07:30:50 PDT
1***u( 159) Cancelled: US $50,000.00
Explanation: 1974 Porsche Carrera 2.7 Euro spec Bid: Mar-23-13 14:15:30 PDT
Cancelled: Mar-24-13 08:03:55 PDT
p***p( 84) Cancelled: US $28,500.00
Explanation: 1974 Porsche Carrera 2.7 Euro spec Bid: Mar-23-13 08:12:34 PDT
Cancelled: Mar-24-13 08:04:03 PDT
n***n( 1169) Cancelled: US $81,111.00
Explanation: 1974 Porsche Carrera 2.7 Euro spec Bid: Mar-24-13 06:45:47 PDT
Cancelled: Mar-24-13 08:03:41 PDT
s***r( 153) Cancelled: US $10,000.00
Explanation: 1974 Porsche Carrera 2.7 Euro spec Bid: Mar-24-13 08:29:14 PDT
Cancelled: Mar-26-13 07:30:36 PDT
e***s( 546) Cancelled: US $14,500.00
Explanation: 1974 Porsche Carrera 2.7 Euro spec Bid: Mar-24-13 14:25:48 PDT
Cancelled: Mar-26-13 07:30:54 PDT
p***e( 5054) Cancelled: US $85,000.00
Explanation: 1974 Porsche Carrera 2.7 Euro spec Bid: Mar-25-13 07:42:43 PDT
Cancelled: Mar-26-13 07:30:38 PDT
m***t( 128) Cancelled: US $15,000.00
Explanation: 1974 Porsche Carrera 2.7 Euro spec Bid: Mar-24-13 11:53:21 PDT
Cancelled: Mar-26-13 07:30:51 PDT
b***o( 27) Cancelled: US $11,000.00
Explanation: 1974 Porsche Carrera 2.7 Euro spec Bid: Mar-24-13 09:26:23 PDT
Cancelled: Mar-26-13 07:30:33 PDT
t***d( 263) Cancelled: US $70,000.00
Explanation: 1974 Porsche Carrera 2.7 Euro spec Bid: Mar-23-13 21:26:17 PDT
Cancelled: Mar-24-13 08:03:51 PDT
9***p( 8 ) Cancelled: US $76,000.00
Explanation: 1974 Porsche Carrera 2.7 Euro spec Bid: Mar-24-13 06:27:02 PDT
Cancelled: Mar-24-13 08:03:44 PDT
1***e( 23) Cancelled: US $30,000.00
Explanation: 1974 Porsche Carrera 2.7 Euro spec Bid: Mar-25-13 09:11:05 PDT
Cancelled: Mar-26-13 07:30:47 PDT
w***a( 242) Cancelled: US $55,000.00
Explanation: 1974 Porsche Carrera 2.7 Euro spec Bid: Mar-23-13 10:46:57 PDT
Cancelled: Mar-24-13 08:03:52 PDT
n***d( 479) Cancelled: US $30,000.00
Explanation: 1974 Porsche Carrera 2.7 Euro spec Bid: Mar-23-13 10:26:13 PDT
Cancelled: Mar-24-13 08:04:00 PDT
a***1( 134) Cancelled: US $75,100.00
Explanation: 1974 Porsche Carrera 2.7 Euro spec Bid: Mar-24-13 03:00:00 PDT
Cancelled: Mar-24-13 08:03:46 PDT
t***b( 2 ) Cancelled: US $31,000.00
Explanation: 1974 Porsche Carrera 2.7 Euro spec Bid: Mar-23-13 11:47:59 PDT
Cancelled: Mar-24-13 08:03:59 PDT