I think most people feel the same way as you mentioned above, but for me its a real name dependant issue. If the name is hot, I’ll make sure I’m there at the close of the auction and hammer it. If it’s a name I’m luke warm over, I’ll place a bit a hope for the best. Another strategy I have found to be successful is to place a few bids shortly after my initial bid, then back off hoping to create the illuision that I’m not interested or reached a spending limit. When the auctions in it last ten minutes, all in. The crazy like a fox approach?

I’m not by any means a big investor just looking for that one phrase that pays.