- Joined
- Jul 10, 2007
- Messages
- 1,537
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COLLAPSE OF MOBI & IDN MARKETS was precipitated by the general market downturn.
But, as usual, there was a flight to quality. Investors dropped pink sheets and loaded up on blue chips, got rid of $$ in lieu of gold, etc.
In the DN market the shitty names prices dropped precipitously. On the other hand, premium quality generics shoot up in price tenfold.
Last year we saw the mobi market in a tailspin when the 2-year renewals came and went. Most mobi regged at the landrush weren't renewed. Good quality generic names were trading in the $1 to $5 range. At the main mobi hive Andre set up a forum where the mobi 'investors' could simply push dozens of names to each other for free.
And now we see a similar pattern in the IDN market. There are literally hundreds of top-notch (Chinese, Greek, Russian, Japanese, French, Hebrew, Arabic, etc.) names being offered for a song. Last month I bought a few premium IDNs for $10 or less. The surprise was that the sellers pushed additional 20 names to my account.
At this point I'm not sure whether I like those gifts. Are they Trojan horses or the The Gift of the Magi? :smilewinkgrin:
Any thoughts on the subject?
But, as usual, there was a flight to quality. Investors dropped pink sheets and loaded up on blue chips, got rid of $$ in lieu of gold, etc.
In the DN market the shitty names prices dropped precipitously. On the other hand, premium quality generics shoot up in price tenfold.
Last year we saw the mobi market in a tailspin when the 2-year renewals came and went. Most mobi regged at the landrush weren't renewed. Good quality generic names were trading in the $1 to $5 range. At the main mobi hive Andre set up a forum where the mobi 'investors' could simply push dozens of names to each other for free.
And now we see a similar pattern in the IDN market. There are literally hundreds of top-notch (Chinese, Greek, Russian, Japanese, French, Hebrew, Arabic, etc.) names being offered for a song. Last month I bought a few premium IDNs for $10 or less. The surprise was that the sellers pushed additional 20 names to my account.
At this point I'm not sure whether I like those gifts. Are they Trojan horses or the The Gift of the Magi? :smilewinkgrin:
Any thoughts on the subject?