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backdated Proxy Bids

I'm trying to understand the dates assigned to Proxy Bids. Every now and then, I'll be outbid by a new user, who apparently put in a bid days before.

If the bidding goes
$10 Soandso Sep 15, 2pm
$11 Me Sep 16, 5:59pm
$12 Soandso Sep 16, 6pm

that I understand. Soandso had a higher max bid than I did, and "bumped" up to it, following my bid.

But how does this happen?

$10 Soandso Sep 15, 2pm
$11 Me Sep 16, 5:59pm
$12 Outtablue Sep 14, 1pm

If Outtablue really bid days before, why doesn't his bid show before I place mine? And if he did after, how does he get an earlier date to his proxy bid?

Thanks!
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