View Single Post
Old 12-12-2006, 11:00 AM   #42 (permalink)
KRL
Platinum Lifetime Member
 
Name: Kevin
Last Online: 08-10-2008 04:53 PM
iTrader: (0)
Join Date: Apr 2003
Posts: 123
DNF$: 325
Location: Florida


Re: GAMBLE.mobi sold - biggest mobi landrush sale so far

Everything in the domain business is relative to timing.

That is a huge return on investment in a very short time frame. If you calc that ROI on an annualized basis it is clearly off the charts.

Could you have sold it for $50K? $100K? $200K? Probably so. However timing is everything in investing and .mobi is still up in the air in terms of its ultimate credibility in the marketplace and the gaming sector is under immense legislative attention. So as much as it could have sold for way more, it could have also sold for way less in the future.

I've found you're much better off to take a nice pop when the opportunity arises and don't waste your time second guessing your decision to sell.

You can beat the casino, the stock market, etc. when you win and walk with your profits. Sit and stay hoping for more almost always means walking out with empty pockets.
KRL is offline   Reply With Quote