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Garbage in - Garbage out! Chips crashing

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So, where do we start?!

Well, for the beginners, why don't you have a look at the attached screenshot?

The so called Chinese Premium letter 4L.com are at the lowest for last 90 days and this time no excuse of Chinese new year.

This so called big Chinese investors have zero interest in playing it decent.

After grabbing tens of thousands names at $20-200, they pumped it to 3,000$ then lost interest in it letting it to crash to $1,800$ and counting, they, like bunch of locusts, moved to other asset classes for new pump and dumps, including 2-3-4 L, N .ws, 5L, 7N. They did not care how much they hurt 4L.com chips by starting new rumor of LNQRP being semi-premium (the whole point of premium is not being semi-premium), as long as they could bring some value to first 15 letters they could buyout first, now they need more suckers to grab those unwanted letter domains, about 350,000 remaining and once they'll find them (and they will find them), they'll pump up the prices, sell the premiumer ones they hold (patterns, 15 uber premiums etc.), then the locusts are off to the next field and you can hold your babies.

chaomi_chip_crashfeb16.JPG
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
GoDaddyGoDaddy
I have got outbid on some that went for $3k+.
 
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FSHN sold for $3,203 to "567108" whoever that is.
 
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Western marketplaces seem to be slow catching up with Chinese trends.
It took them some time to sell for as high as Chinese were at the peak, after Chinese dropped below $2000, NJ, GD, .

don't get fooled
there is no real time reporting of sales in sedo
it may take weeks for them to show the sale

and definately they work only 9-5 and not at weekends and not at holidays
and sales feed obviously is updated manually
 
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today chaomi floor is $1589 USD
 
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Up, Up, Up! %%-
 
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nice 4l.com sales today:

bkkk.com $4398 USD
rnnn.com $2813 USD
jmmj.com $2963 USD
sssj.com $4103 USD
zrrr.com $2810 USD
lzll.com $2345 USD
yynn.com $6302 USD
njjj.com $3163 USD
wjjj.com $3241 USD
 
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Do stocks all have Price/Earnings ratios between 20 - 25 (a price based on current value)? Stocks often have much higher valuations, the market factors in future potential. P/E is like counting the silver in Silver Dollars - it's a hard floor, but Silver Dollars sell for more than that.

That is how higher domain values make sense. Short .Coms are fairly close to a bet directly on the future expansion of the internet. Pretty good odds, IMHO.

LLL.com seems to be holding steady around $20k, CHIPs $50K. Eventually I expect LLLL.coms to align somewhere around 1/26 - 1/20 of that. To which I agree that Non-CHIPs are currently the better value, speculation aside.

There also is collector value in domains, unlike stocks. I am reminded of it every time someone offers me auction value and I just don't want to sell. You can't quantify it but it's there.

comparing chip value to non chip value with PE makes no sense, there is no connection.

The best connection to P/E would be assuming a chip sale to end user might be 3,000 in 'x' time. If you pay 1k and sell 3k and expect that return in x amount of years, you can sort of say that it's a p/e. I just made these numbers up but now maybe you understand P/E...
 
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oops double post
 
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Recons.com: "... 20+(P/E) are reserved for high growth tech/other companies. Meaning, those companies can grow revenue/profit 30%-100% or more a year. ..."

That's pretty much what I was trying to say, although I don't claim such high numbers. Short .Com domains have a lot of risk, but perhaps not as much as those sectors.
 
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chaomi floor $1602 USD
 
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the 5 days moving average still shows above the 20 days MA
so to me that still looks promising:

upload_2016-4-3_10-55-24.png
 
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hurry up
sell me your CHIPS!

the sky is falling!

upload_2016-4-4_19-7-5.png
 
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by the way
yesterday -> holidays in china
 
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that tfyk.com immediately was resold for a low 9888 yuan = $1.526 USD BUY NOW
as he easly could afford that after buying it for 1888 yuan = $291 USD
( I guess it was ment to be 10.888 yuan )
by the way to me it looks like that poor guy bought it at sedo 27 feb 2016 for $2K USD

now telling the world that the chip prices are low again ;)

try to do so at sedo ;)
 
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the other remarkable sale today was
cjzz.com at 17.000 yuan = $2.623 USD
( auction )
 
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Actually noone cares
Sorry
 
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today

qmkd.com

sold for 12.500 yuan = $1930

but not in an auction but at BUY NOW

lately there was only very low volumn trading in china
so for me one possible explanation could be:
there are no SELLERS no more , willing to sell cheaply


at the same time the number of BUY NOW offers at sedo have increased
none for cheap
 
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