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#1
11-23-2010, 10:26 AM
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It really depends...
I did an online survey a few months ago and the strategies were all across the board. But if you have the time, there really is only 1 downside to putting in an early placeholder and then bidding aggressively in extended bidding -- which is that there may be a certain bid that is your absolute ceiling and you want to be the first bidder to that threshold. But I agree with those who have said that if you put in an early max bid, all you are doing is inviting people to bid into your ceiling....
__________________
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