If Garr255 hadn't of called it an auction, rather, a multi-person multi-account multi-person bargain that functions rather like an auction would you agree that what he did isn't morally incorrect?

It's a multiperson BARGAIN. He's allowed to change the price to whatever he wishes. The buying must make the decision to either buy or drop the at the current price Garr255 is offering.

It's ridiculous people think the mere fact that Garr255 is setting a price to something he is selling is morally wrong. Garr255 can do whatever he pleases with the price of what he is selling (As long as he commits to a buy). What's morally wrong of Garr's actions is the decision to keep this price manipulator anonymous. Had he revealed the existence and admitted to the use of the account before beginning the "auction", his actions would be completely free of any moral fault.