Opposing GMs know that if they wait, you drop your price exponentially. Some will take that risk when they speculate there are few other bidders for a specific player.
It's akin to waiting for boxing day instead of buying Christmas Eve. You know the price will be less, so take your chance, line up early on the 26th, and save a pile of dough.
Holding the line is a better strategy in my opinion.
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"OOOOOOHHHHHHH those Russians" - Boney M
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