A man after my own heart! :wave:My reasoning is.
I have to win this item, in which case I will be the last bidder at the highest bid. I have to baby sit the last half hour of the auction.I do not do, any bidding until the last few minutes. If I did. I would just be wasting money. To many sellers have proxy bidders to run up the selling price, assuming someone will out bid the proxy bidder. In the last few minutes of an auction, only true bidders will be against each other. Its a gamble as to how close to the last second you can bid & be the winner.
This is EXACTLY what I do, why I do it, and who those final second bidders are.