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Posted By: davidcycleback

When I would sell on eBay, I would sometimes put up items and if there weren't bids after a couple days, I'd pull them ... Occasionally, I'd write such a convincing auction description that it would convince me to keep the item-- sometimes before the item was posted on eBay, sometimes before there was a bid.

I never pulled or stopped an auction if there was a bid,even at $1, but I always considered it my right to change my mind if there was no bidding. So, I can tell you waiting until the last second to drop a bid isn't always effective.

For the record, I have won items in major auctions (MastroNet for one), where my winning bid was below my maximum.