I had the impression that he is playing too loose to be profitable at that blind level, however he didnt seem completely stupid.
Here is the hand:
Villain is UTG with $48.80 in chips
Hero is UTG+1 with $61.20 in chips
Hero is dealt
Pre-Flop
Villain bets $2, Hero bets $5, 4 folds, Villain calls $3.
Flop ($10.75)
Villain bets $10, Hero calls $10.
Turn ($30.75)
Villain bets $33.80 and is all-in, Hero folds.
Opinions?
