I am mostly a memorabilia and autograph collector, but as someone who just in the past 2 years joined a few auction sites that advertise here (before that mostly ebay, dealers and shows) I can say I hate auctions that end in the early morning.
I am still mad at an item I lost at Lelands last year. Was my first time bidding with them. I was bidding on something and was winning, below my max bid also, and stayed up to about 3am. It was way too late for me, and I figured since there was no action on the lot for like two hours, I would win it and went to bed. Woke up in the morning and sure enough I lost it. I probably would have bid a little higher, but I was a sleep. Still bugs me.
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