P5.com auction closed at $33,100

infoicq said:

The clubdrop auction closed at $33,100

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Quite impressive as a wholesale price point.

I hope the new owner has a good marketing plan and perhaps a tagline ready for linking the P and the 5 in the minds of targeted users (I'm assuming it's not the leading chip maker).

It's good for the market, as long as people remember these are very restricted auctions and hence generally supposed to end well below fair retail price levels.

Thank you very much for the timely report!

PS: Can anyone now confirm the reason it was dropped?

I'm going to call myself a n00b for a sec, but how exactly does a .com name less than 3-char get backordered? I thought once they were gone, they're gone. Was it really a drop auction or plain and simple an auction?

NameTrader.com said:

I'm going to call myself a n00b for a sec, but how exactly does a .com name less than 3-char get backordered? I thought once they were gone, they're gone. Was it really a drop auction or plain and simple an auction?

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100%, it is a Drop Auction :td:
Whois shows the Domian should be expired on 2011, but it dropped and has a new owner now Also don't know how this happen

Why would someone drop a name like that???

NameTrader.com said:

I'm going to call myself a n00b for a sec, but how exactly does a .com name less than 3-char get backordered? I thought once they were gone, they're gone. Was it really a drop auction or plain and simple an auction?

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If I understand the rule correctly, ICANN had, since early 2001, stopped all registrations of single and double-digit domains. Existing ones are essentially "grandfathered" but if they are let to expire, they can never be registered again.
It will be permanently removed from the public. Therefore, a two digit domain can not be backordered. I suspect this domain was never dropped at the first place. It was a simple auction with a story to tell.

mlee said:

a two digit domain can not be backordered. I suspect this domain was never dropped at the first place. It was a simple auction with a story to tell.

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Then why does whois now show the domain creation date as 22-mar-2007 ? It was also published in the normal pending-delete drop lists in advance of the "drop". I'm glad that the domain wasn't lost forever, but I don't quite understand what happened.

Cronus said:

Then why does whois now show the domain creation date as 22-mar-2007 ? It was also published in the normal pending-delete drop lists in advance of the "drop". I'm glad that the domain wasn't lost forever, but I don't quite understand what happened.

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Could someone with the knowledge share some lights on this? This is indeed very strange.