After watching many auctions pass on Ebay one particular domain stuck out for me so I put in a few last minute bids. A double premium letter, with two single non-premium letters LLLL.com. Alas my bid of $20 didn’t secure the name when the aution finished at $20.22. That was on the 19th November 2007. To my surpise I saw the name listed for sale on Namepros two days later on the 21st November 2007. An eagle eyed domainer flipping the odd LLLL.com for a small return. To my amazement the Namepros auction continued for two more days and the name in question sold for $33. Thats more that a 30% ROI in just 4 days. Although some may say that the time taken for this small gain wouldn’t be worth the effort I’m trying to decide whether this was just fluke or another indication that LLLL.com prices are still on the increase. In any case, I think its good news for the flipper and excellent news for any quad letter domain investor.
If I had won the name I personally would have held onto it, but in this case I think the domainer in question has done a good job of a fast turn around. Time will tell if they have done the right thing as its quite possible in a few months time the name might sell for substancially more. I suspect, however, the money earned will be put to good use to fund names of the semi-premium or premium variety.
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