So, you have 40 seconds to complete the bidding process?
Anyway, I have never had a pre-submitted "not to exceed" bid ever exercised at less than the "not to exceed" figure.
So, I quit bidding.
This phenomena is manifestation of these auctions maintaining straw bidders, who's only function is to raise the bid price up to whatever "not to exceed" bids they have received.
They aren't going to leave any money on the table if they have a live one sending in a bid.
I find it crooked as a snake.
So, I quit bidding, unless I can be in the room.
