NamePros.Com - View Single Post - **How a Website Lost 90% of it's Value in 2 Months**

Originally Posted by bluenoser

Originally Posted by Joseph

I think the moral of the story is to do your reseach first

But how many people actually do? I am sure that the guys who have been doing this for a while do, but what about the newbies who have some cash and want to try to make it BIG online, I think it is those people who get burned.

I have only bought one site and it turned out the script that it was running was a dud, the owner sold it about 1 month later and the new owners have ran away. Luckily I only lost $30 on the thing, I am now starting a new site from scratch with the same domain...

But I have learned my lesson, but it didn't cost me much

yeah I get your point entirely! i was the same when I first started! No I do my homework! I think sites like NP and others such a have smething like this stickied on what to look for when buying! But I must say NP is excellent at combating scammers!