A failed Punt ?

[britishbulldog]

On the 21/01/10 spongy.com sold on tdnam for $2705 then sold on sedo just a few weeks later for $3100,now with sedo's commission thats less than $100 profit...........

I know we all have done it, but i have not on that scale for one domain,although the seller came out out very little profit,.

Is this failed punt ?

[CureCancer]

he probably could not find a end user to buy it from him and took the offer.

[katherine]

Maybe he just needed cash and liquidated the domain.

[jasdon11]

On the 21/01/10 spongy.com sold on tdnam for $2705 then sold on sedo just a few weeks later for $3100,now with sedo's commission thats less than $100 profit...........

I know we all have done it, but i have not on that scale for one domain,although the seller came out out very little profit,.

Is this failed punt ?

Yes.

To be honest, I'm suprised they managed to turn that name round for a profit (on the face of it).

[Jeffreyw]

The seller could be an impatient flipper.

[draggar]

That's $100 more than the owner had a few weeks before.

[britishbulldog]

That's $100 more than the owner had a few weeks before.

Was it you ;-)

[draggar]

No. :p

I haven't even had a purchase reach 10% that yet.

[britishbulldog]

no. :p

i haven't even had a purchase reach 10% that yet. :d

lol