Posted By:
leonI would disagree slightly with your analysis of there being no reason to be high on a lot now, far before an auction close. I think/know there are some lots that get all of their action before the close. If you are high bidder on a lot that would be a $2000 (retail) lot, and you are high at $1800...then there is a chance you will get it for that amount. If the lot is still far below retail (whatever that means) then I agree.