Post #21805 by Rain on Mon, Feb 3, 2003 8:59 PM

last minute bidding keeps the price low, because there is only so much time for people to bid against each other in that last few seconds.
i never did it (threaten to end early), but i figured if people thought the auction might end at any time, they would just go ahead and bid what they were willing to pay up front, rather than wait until the last minute. i tend to think last-minute bidding is a guerilla tactic, myself.