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The same concept works great when buying ham radios / other gear on eBay. Wait until about 20 seconds before an auction closes, the drop a bid at least 2 bid steps above yours ( if you want to pay that) and you will get it every time. Good fast connection helps out.
Not that I would ever do that. I have heard of guys doing that.
20 seconds is for sissies.... at 5 seconds drop the hammer!
When I was selling a lot of hobby stuff it was like a slot machine watching the same 2 or three guys fight hard those last few seconds to get the item/s. It's a real pity that money had to go for bills and not firearms....
Brutus Out