Comments on: The Rape of iReit http://NameBio.com/NameBioBlog/the-rape-of-ireit/ The Domain Sales Archive Thu, 09 Sep 2010 00:53:49 +0000 http://wordpress.org/?v=2.6 By: Kally http://NameBio.com/NameBioBlog/the-rape-of-ireit/#comment-629 Kally Fri, 09 May 2008 02:23:13 +0000 http://NameBio.com/NameBioBlog/2008/04/04/the-rape-of-ireit/#comment-629 I still can’t believe it. I’ve re-read your post a few times now, not only that I m now looking toward afternics auction everyday in hope like iReit will hire more employ like this. I still can’t believe it. I’ve re-read your post a few times now, not only that I m now looking toward afternics auction everyday in hope like iReit will hire more employ like this.

]]> By: Domain Magnate http://NameBio.com/NameBioBlog/the-rape-of-ireit/#comment-521 Domain Magnate Sat, 05 Apr 2008 04:51:24 +0000 http://NameBio.com/NameBioBlog/2008/04/04/the-rape-of-ireit/#comment-521 <strong>iReit Sells LLL.com at 2000 Price levels...</strong> Some more amazing sales were reported through afternic, but not the kind of amazing we used to. This time one lucky guy got a hell of a deal! Say.org - $500 WJA.com - $735 ZLI.com - $500 PQT.com - $571 RLU.com - $900 Gut.org - $500 LLJ.com - $603 While... iReit Sells LLL.com at 2000 Price levels…

Some more amazing sales were reported through afternic, but not the kind of amazing we used to. This time one lucky guy got a hell of a deal!
Say.org - $500
WJA.com - $735
ZLI.com - $500
PQT.com - $571
RLU.com - $900
Gut.org - $500
LLJ.com - $603
While…

]]> By: damir http://NameBio.com/NameBioBlog/the-rape-of-ireit/#comment-520 damir Sat, 05 Apr 2008 04:10:19 +0000 http://NameBio.com/NameBioBlog/2008/04/04/the-rape-of-ireit/#comment-520 They probably hired MBAs who are completely incompetent but look good on paper just like a lot of other publicly traded companies - That is the trend today with Company's - they employ YES sir / Madam people the further they can get stuck into the owners / Ceo's butt and tell them what they want to hear they are guaranteed to claim the corporate career. That is the trend - go with the flow They probably hired MBAs who are completely incompetent but look good on paper just like a lot of other publicly traded companies - That is the trend today with Company’s - they employ YES sir / Madam people the further they can get stuck into the owners / Ceo’s butt and tell them what they want to hear they are guaranteed to claim the corporate career.
That is the trend - go with the flow

]]> By: admin http://NameBio.com/NameBioBlog/the-rape-of-ireit/#comment-518 admin Fri, 04 Apr 2008 18:49:31 +0000 http://NameBio.com/NameBioBlog/2008/04/04/the-rape-of-ireit/#comment-518 Hawk, Correct, there was nothing malicious or illegal about what occurred. Quite frankly I titled it that way because to me it seems that when iReit made a mistake, domainers took advantage of it. It was ugly and it was fast, and Im sure iReit didn't want that to happen. Thus the title. Hawk,

Correct, there was nothing malicious or illegal about what occurred. Quite frankly I titled it that way because to me it seems that when iReit made a mistake, domainers took advantage of it. It was ugly and it was fast, and Im sure iReit didn’t want that to happen. Thus the title.

]]> By: Jamie http://NameBio.com/NameBioBlog/the-rape-of-ireit/#comment-515 Jamie Fri, 04 Apr 2008 18:41:35 +0000 http://NameBio.com/NameBioBlog/2008/04/04/the-rape-of-ireit/#comment-515 This had nothing to do with what a portfolio owner was valuing a domain at. Clearly LLL.com's are worth high $x,xxx or $xx,xxx. I think this was a mistake due to lazyness by an employee who was asked to load domains into Afternic and not understanding how Afternic works. If you put a price for your Asking Price, that means it's your Buy It Now. I do not think the person who listed the domain, was aware of this. Some lucky people got a steal and by the time iReit figured out, they did the right thing and allowed the sales that happened, to clear. Then they removed the domains that were mispriced. Jamie This had nothing to do with what a portfolio owner was valuing a domain at. Clearly LLL.com’s are worth high $x,xxx or $xx,xxx.

I think this was a mistake due to lazyness by an employee who was asked to load domains into Afternic and not understanding how Afternic works. If you put a price for your Asking Price, that means it’s your Buy It Now. I do not think the person who listed the domain, was aware of this.

Some lucky people got a steal and by the time iReit figured out, they did the right thing and allowed the sales that happened, to clear. Then they removed the domains that were mispriced.

Jamie

]]> By: Etab http://NameBio.com/NameBioBlog/the-rape-of-ireit/#comment-514 Etab Fri, 04 Apr 2008 18:41:27 +0000 http://NameBio.com/NameBioBlog/2008/04/04/the-rape-of-ireit/#comment-514 In a previous comment I suggested that iReit is publicly traded. As Justin pointed out, that is NOT the case. Just thought I'd correct myself. In a previous comment I suggested that iReit is publicly traded. As Justin pointed out, that is NOT the case. Just thought I’d correct myself.

]]> By: admin http://NameBio.com/NameBioBlog/the-rape-of-ireit/#comment-513 admin Fri, 04 Apr 2008 18:38:19 +0000 http://NameBio.com/NameBioBlog/2008/04/04/the-rape-of-ireit/#comment-513 Alan, I think this was just a wild mistake. They corrected it as soon as they could, but utterly foolish. Jorge, I cant believe it either. I knew about the LLL.orgs and a few other sales, but the LLL.com's is just icing on the cake. I believe in the coming days more will be revealed about what really sold and how big of a mistake it truly was. Justin Alan,

I think this was just a wild mistake. They corrected it as soon as they could, but utterly foolish.

Jorge,

I cant believe it either. I knew about the LLL.orgs and a few other sales, but the LLL.com’s is just icing on the cake. I believe in the coming days more will be revealed about what really sold and how big of a mistake it truly was.

Justin

]]> By: Jorge http://NameBio.com/NameBioBlog/the-rape-of-ireit/#comment-512 Jorge Fri, 04 Apr 2008 18:35:55 +0000 http://NameBio.com/NameBioBlog/2008/04/04/the-rape-of-ireit/#comment-512 I still can't believe it. I've re-read your post a few times now. I still can’t believe it. I’ve re-read your post a few times now.

]]> By: Alan http://NameBio.com/NameBioBlog/the-rape-of-ireit/#comment-511 Alan Fri, 04 Apr 2008 18:26:44 +0000 http://NameBio.com/NameBioBlog/2008/04/04/the-rape-of-ireit/#comment-511 I love it!! This is a pure example of how some portfolio owners still do not understand domains are valued much higher than any multiples of PPC can every show. Congrats Michael I love it!!

This is a pure example of how some portfolio owners still do not understand domains are valued much higher than any multiples of PPC can every show.

Congrats Michael

]]> By: admin http://NameBio.com/NameBioBlog/the-rape-of-ireit/#comment-510 admin Fri, 04 Apr 2008 18:12:42 +0000 http://NameBio.com/NameBioBlog/2008/04/04/the-rape-of-ireit/#comment-510 Christian, Right now they have basically pulled everything of significant value. If you didn't get on the bandwagon on Friday/Sat you pretty much missed it. Im still waiting as I expect to see more domain sales reported. I will keep the blog updated. Justin Christian,

Right now they have basically pulled everything of significant value. If you didn’t get on the bandwagon on Friday/Sat you pretty much missed it. Im still waiting as I expect to see more domain sales reported. I will keep the blog updated.

Justin

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