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<p>[QUOTE=&quot;brassnautilus, post: 2310049, member: 74300&quot;]There are serious disadvantages to bid electronically or by phone in a floor auction. You&#039;d almost always need to overbid, and even then all the initiatives are still given to floor bidders. </p><p>You can win lots with early submission, but it&#039;s hard. There are all kinds of signals bidders can send one another during a live event, online or phone bidders can&#039;t do that.[/QUOTE]</p><p><br /></p>

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