I underbid by .01, and here's why

underbidding by anything more than .01 is just needlessly crashing a market and ruining everyone's profits.  I think what angers you, really, is that I pay more attention to the market than you, and am able to keep my bid constantly the lowest throughout the day.

to people who say 'ill just massively undercut you till you stop doing it' that is false logic.  you are only hurting yourself by killing your own profit margin.  Im still going to underbid by .01 no matter how massive your cuts are, unless you go below my margin, in which case Ill just wait out your foolishness.

I was under the impression that if my item is the lowest priced, it will always get sold first, even if somebody 'tries' to buy a more expensive item.  is that not correct?