Posted By:
hankronMy rule for my auctions is that if there are no bids I can end it whenever I want, but if there's a single bid I don't. You can alienate good bidders by negating their bids. I think bidders want a fair chance to win the item they are interested in, even if the don't win. If the auction ends early like that it seems unfair.
Just my take, and am not telling others how they have to run their auctions.