Yeah, it happened before with a couple of designers here, including myself, i entered that contest in last hour, where there was 500+ entries and it was running for 9 days, it was my first entry there, it was on the 6th, then been 3rd and when the contest went in judging mode, i found it being shifted to 1st, asked for revisions, done them and i ended up winning that.
Babos entry is really nice, Congrats Babo.