Thank you for posting this! I don't get it either this is partly what I was talking about in my original post. Maybe he/she thinks the market will suddenly change if he/she keeps going that low.
I don't even get the point of this. There're two different sellers, each fairly placing two listings up of the same item for the same amount that the item tends to go for(as the history would easily tell you), and then this guy comes along, cuts it by 1/3, and with his next four listings, subsequently undercuts himself to the point of reducing his massive undercut by a further 50%. I kept checking on that guy and he wasn't competing with anyone and kept relisting for that same price while the items sold no more quickly than the history beforehand revealed.
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