The Strategy of Bidding at 4:30 AM?

[bobbyw8469]

I just put in max bids of what I am willing to pay and hit the sack. If someone outbids me, I rest easy knowing they didn't steal the item.

[mechanicalman]

Some really good points here. Appreciate everyone's thoughts. I'm fairly new to the game, so hearing these viewpoints is valuable. Might actually have to adjust my approach, and maybe my sleeping habits. Fortunately, I'm not one to pursue too many of those "once in a lifetime opportunities so market priced be damned" cards...

[x2drich2000]

I agree with the general feedback from everyone else. The exception being that I am on the east coast and typically getting up around 4:30-5 for work. It's a lot more convenient for me to go to bed early and then wake a little earlier than normal to place my final bids.

DJ

[BeanTown]

Any auction company that wants to keep open until 3,4,5 AM is just out dated. It clearly benefits the West coast. It seems the software is out there for any auction company that wants to go out there and get it.

Maybe its strategy for AHs to try to get "max" bids in from potential bidders. I wonder how many AHs can actually see the high bids being placed???

Would love to be TRON in any AHs computor software!!!!!

[gregr2]

Originally Posted by BeanTown

Any auction company that wants to keep open until 3,4,5 AM is just out dated. It clearly benefits the West coast. It seems the software is out there for any auction company that wants to go out there and get it.

Maybe its strategy for AHs to try to get "max" bids in from potential bidders. I wonder how many AHs can actually see the high bids beingplaced???

Last night as I was placing some ceiling bids I noticed the item was going up but NOT reaching my high bids. Its rare I ever place ceiling bids for this very reason and how shocked am I that when I woke up that my MAX bid was reached...

Would love to be TRON in the AHs computor software!!!!!

Take a look here, most AHs can't see the max bids.

http://net54baseball.com/showthread.php?t=212596