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news Franks Schilling sells LLLL .coms for $3,000,000

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Frank Schilling just announced he has sold over 2,000 4 letter .com domain names for $3 million dollars.
There are 1 million six-number names, 100,000 five-numbers, 10,000 four-numbers and just 110 three, two and one numbers .. An entire namespace contains just over 1.1 million names containing numbers (6 characters and under) and at low prices these have all been purchased for arbitrage against future sales.
Investors have realized that at $8.50 per name and entire namespace can be registered for just $13,470,000 per year, with sales activity from the entirety of a space eclipsing the cost to maintain the space.

.com and .net spaces are nearly exhausted of these short and international combinations and now, speculators are moving to lower priced new GTLDs.

Read more: http://www.thedomains.com/2015/11/13/franks-schilling-sells-2000-4-letter-com-for-3-million-dollars/
 
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It doesn't mention whether they are CHIPs or not.
So probably its a mix of both.
 
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This will definetly boost the 4L.com/.net market...just IMHO.
 
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This is a weird article. Only the title and the first sentense are on topic.

It seems they only used the current CP hype to start implementing their new ideas in people's mind to slowly make them go into sectors were they already invested just to push that sector higher, creating a speculation to their advantage.
 
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This is a weird article. Only the title and the first sentense are on topic.

It seems they only used the current CP hype to start implementing their new ideas in people's mind to slowly make them go into sectors were they already invested just to push that sector higher, creating a speculation to their advantage.
Yes you right i have all chips whois data and i have not found 2000 name on any western domainers name unless he using chinese name in registration.
I would scan data again and compare with old one to confirm this big move ever happen in past few days.
 
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I think it's a good move, with that kind of money you can do something, you can reinvest.
Selling that many domains in bulk is not an opportunity that comes around often.
 
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He has not confirm yet on his twitter or given any data what kind of name was that who know may be all non chips or mix bag, plus he is just advertising to register 4L in other tlds like .car and .click and few new one on his twitter which look to me his company own that tlds (just my guess)so hard for me to accept that he can flip for that cheap price as he do not need money for sure , he is way big guy now and know the value of any domain name better then all of us.
 
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Sell one for $1500 no big deal. But 2000 is.
 
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to maintain hype one can invest !!!
 
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article is all about boosting sales of link and click IMO !!;)
 
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Article should make you wonder why the main domain investor is selling them off. he don't hold longer then he has too usually. He also has been guilty of starting new trends or influencing markets to his benefit.
 
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Not sure about all this hype going around 4L and numerical domain names.It seems after all these years the investors majority of those from China have suddenly woken up from a long slumber and started investing in these domains.But however it would be interesting to see how long this trend continues.
 
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after that can we see these again in closeout ???
 
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I think that any proofreader would classify the article as a premium press release.
ummm wait a minute,
should i register prprre.com ?
 
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555 in Thai is not really a lucky number, it simply is used for laughing out loud if something is funny..
5 = ha (sound in thai for the number 5).. so 555 turns into "ha ha ha"

just as a hint before someone goes off regging dozens of 555 combos ;)
 
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