Questionable sellers?

I am relatively new to stamp collecting and have been enjoying bidding on and winning (some) auctions building my cllection over time. My question, which I'm sure has been asked and answered in the past, is what's the deal with the sellers who massively overprice their stamps? That group of six or seven sellers, I know everyone knows the names, seem to take the highest possible price anywhere for a stamp, then double or triple it. Are they selling anything? The vast majority I've seen don't even get any bids. Do they only profit if some unsuspecting newbie with money to burn and no research skills stumbles onto their offerings. What is HipStamps stance on this? On the face of it, it doesn't seem good for the hobby. Just wondering.

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