Piece at Auctionbytes
Comment from the AuctionBytes blog on the news:
You haven’t lived until you’ve had the value of a book nosedive from $50.00 to a penny in weeks, even days while two to three repricers duke it out for lowest price and completely destroy the value of a book. This happens REPEATEDLY on Amazon day after day after day. I’ve had 25% of my inventory reduced to price rubble in this manner several times.
It only takes one newbie at a time to set off this chain of price catastrophe and it is utterly RAMPANT!