UPDATE: JULY 2012 – Does what we found indicate company shill bidding? Read: Ziinga
Have you tried the UK penny auction Ziinga.com/uk?
Not to be confused with Zynga poker, Ziinga is owned by Auction Management Ltd., Suite 238, Vincenti Buildings, 14/19 Strait Street, Valletta VLT 08, Malta. However, we did find FlopGroup Ltd. also located at the same address as Ziinga, but in a different suite, we did see the bidder “FlopFlop” place a few bids on an auction this morning. Coincidence? Not sure.
Ziinga is currently “auctioning” 8 big ticket items, all of which are ending simultaneously. Items include an iPhone 4, 40″ Samsung 3D TV, an iPad, Nikon D90, an HTC Desire, and an Omega Watch.
According to WebsiteOutlook.com, Ziinga has a daily pageview (est.) of 9838, whereas a large penny auction (that only has one auction ending at a time right now and has them spanned out by at least 5 minutes, has an estimated 58,151 pageviews, does Ziinga have enough traffic to justify the large volume of bidders?
If you watch Ziinga’s auctions you will see that the vast majority of their items have bidders that come in at 2 seconds.
Could this be an indication of admin autobidders (shills)?
Let us know what you think and what your experiences have been with Ziinga.
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