The power of expiring domain!!

[jdenwar]

Web developer George Huger says he turned $5 into $35,000 when he bought the expired Internet domain name for former President George W. Bush's presidential library and then sold it back.

The News & Observer of Raleigh reports Tuesday that Huger was searching through a list of expiring domain names when he noticed the Web address "GeorgeWBushLibrary.com" was about to expire.

He bought the rights for $5 at TDNAM, then he recently sold them for $35,000 to Florida-based Yuma Solutions..

Huger paid $7 to register with godaddy.com and $5 to buy the domain. His profit: $34,988.

http://www.newsobserver.com/news/story/1374251.html

Wat u guys think??? Time to snatch some good expiring domain.. :hehe:

 

[Steven]

In this case, it was more of a hit and miss game.

 

[cobainer]

Just a lucky day for George...

 

[thunderforce]

I would be happy with $300 for any of my domains!

Awesome sale Savvy capitalism at work

 

[DotWeekly]

Just a lucky day for George...

Yep!

He was lucky in more ways then one!

 

[cache]

with that one hit, how many misses did he have?

 

[gladdy]

Awesome profit, hope domain will be developed!

 

[footodors]

Wonder how the price got so high.
I would have been happy getting a $1,000 for it.