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Sniping means that bidders may have decided to put in a higher ceiling in order to avoid losing at the last second. If there was never a worry about this, they
by ab5tract 9mo ago
Sniping means that bidders may have decided to put in a higher ceiling in order to avoid losing at the last second.
If there was never a worry about this, they could bring out (and decide) that ceiling only after being outbid.