The high bid for Sony DCRTRV820 Camcorder is $1,305 at ubid. What is the bidder's problem?

[ub4me]

Its maximum bid price sets to $5000!!!
Here!
Now the high bid amount is $1305. I just checked it from pricegrabber.com, and the lowest price is $909.
What is the high bidder's problem? Is he/she a nut?
It's msrp is $1399!!! form Sony.
I don't understand this.
Can anyone explain this?

 

[piku]

Its Sony! Sony is the best! Sony rules! Now let me play my Sony PS2 on my Sony TV while listening to my Sony walkman and checking the time on my Sony VCR and....

blah blah blah.

 

[zippy]

ub4me, that is funny!

The auctioneer should place a bid for $4,999!

 

[ub4me]

Oh, Yeah~
I bet!

 

[zippy]

doh, I thought that the maximum bid price was the maximum that the bidder was willing to bid (in case he got outbid, it would automatically bid up to his max. bid price!).

Sorry.

 

[Tominator]

This is why auction sites exist!

 

[Don Vito Corleone]

People just seem to get bidder's hysteria sometimes - that is why I sell on Fleabay but would never buy there! I sold a used Voodoo 3 3000 for $105 about a week ago, despite the fact that I could easily have bought a brand-new one for $70 - ah well!