^ this is the first problem with your strategy.I've seen this and I've considered doing it. For example, there are 30 players left, top 27 are paid, and Late registration is about to close. But right as the late registration is about to end, a lot of people buy in. So now there could be 45 players and you are not so close to the money bubble.
I think your theory has some relevance, but it not good getting 1500 chips at this stage and having blinds of 300 600. You need to find situations where the ratio of starting stack to BB level is reasonably decent. Otherwise you have no time to play properly, and are just shoving with 1st Ace.I have noticed on come tournaments that when the buy in period is about to end the last chance to buy in is near the bubble, how many people just buy in them and let the chips run out just to cash?