Archie, I don't agree
If you are willing to pay XX then someone is willing
to pay XXX but waits until 1 second before closing
he is protecting his bid
If you had wanted to pay XXXX he wouldn't be able to out bid you it doesn't matter when you bid
Now if you are bottom fishing that is different matter. I believe a auction states the price a person is willing to pay that day for a item
a true to market value at a given time