latest.com on Sedo auction - $100,000 Bid

[Sameh]

I just noticed latest.com auction on Sedo. Ending within 19 hours..

1 Bid ( $100,000 )


http://sedo.com/auction/auction_detail.php?language=us&auction_id=31971

 

[Web Master]

Latest.com is so eye-catching among news readers, stock/currency traders, auction participants, ... This domain can be branded in some industry.

 

[accent]

Probably got a $100,000 offer and sent it to auction, that is why there is only one bid.

 

[Jake]

I cant see it being worth 100k

Maybe 50-ish, but I dont see a good dev plan...

 

[Jakey]

I know. Why would anyone offer such a high amount? I agree 50k is what I thought it may have been sold for MAX.

 

[Michael]

I think it's a great domain for a news portal, $100k seems a little high but definitely not absurd. Doubt it'll get any more bids though.

 

[Giode]

This is 100% end-user, and sending it to auction was plain stupid. I wish there was a way for buyers to back out when sellers opt to do this.

 

[-REECE-]

Agreed and as do I...

This is 100% end-user, and sending it to auction was plain stupid. I wish there was a way for buyers to back out when sellers opt to do this.

 

[YAYnames.com]

This is 100% end-user, and sending it to auction was plain stupid. I wish there was a way for buyers to back out when sellers opt to do this.

What am I missing here? That's the way Sedo works, the terms are pretty clear on what buyer and seller options are. You want buyers to be able to pull their bids if seller sends the name to auction???

Should they be able to wait until 5 minutes before the auction ends?

"Oh wait, nobody else bid, this must be much too high of an offer..."

Maybe I'm missing something.

 

[l-l-l.com]

nice domain for any latest news