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There's never any stigma to receiving a COB bid, as far as I know. And if you are a pledge on bid day, almost no one will even know you were a COB bid verses a regular match.
But since only smaller groups do COB, I'm afraid that there is a little stigma from the groups' end about having COB events.
I think that's why there's rarely any sense of spring recruitment, even when more than one group is COBing.
It's often kept kind of quiet unless you are participating in it.
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