I had figured it was simply an accidental number entry on one guys part when typing in the amount, and then the next guy just hit the auto bid button which at that high price automatically goes up by $50.
But maybe there was fishy business going on.
There are definitely people with more than one account to drive prices up, and then you see the item get offered to the next highest bid, who then often feels baited.
Sometimes those then get relisted.
But even the dishonest baiting sellers do not try to sell a razor at $4000+. So that part we can assume was an accident.
Typically the only sellers that try outlandish prices in the thousands are just stupid or don't care if it sells, fishing for a stupid millionaire?.. I think the baiters are usually a little more clever and try to hide their scheme.
Accidentally high bid by a schemer?