Not sure about the tactics, but it's obvious they put an 'extra' zero in there, cause 98% of them have actually sold for $144.99, not $1044.99. So maybe it's a mistake or it just works for sales. But 56 people are watching it...lol.
some sellers will raise the price ridiculously because the item is out of stock and it keeps people from purchasing, not sure why they just don't cancel the auction but I have come across that before on an item I wanted to buy so I sent the seller a message and that's what I was told..
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