The domain name Onions.com sold on Namejet.com last week for $19,100.
There were 289 bidders in the domain auction of those only 4 bid $10,000 or more.
The domain was highly promoted by NameJet.com.
Today the Onions.com is up for sale in at TobyClements.com and in his daily newsletter.
I’m certainly not against someone trying to flip the domain name in a week for a 70K profit but I would think a substantial number of people who receive the daily news letter also knew about the NameJet.com auction.
It will be interesting to see if this strategy pays off for the owner of this domain name.
I Bought Minus.com for $8500 and sold it for $115K 3 years later to the “right” – and believe me they did not just show up with a checkbook in their hand – several months – several broker stories – phantom second bidder with low balls – and a lot of other nonsense – and that was the “right” buyer.
I am with Michael – If there was a right buyer for Onions.com right now – they would have been in the NJ Auction. This one is going to be dead in the swamp for a long long time at $90K – not to say their might be another speculative buyer at $20K
The current owner may know something we don’t. Time will tell.
Homeroag –
What the National Onion Association – sure why not – they are likely the “right” buyer. Really – who else
And then you are dealing with spoof at the singular Onion.com.
Then go deeper: yet another dating site where your relationship was nothing more than an onion that made you cry 🙂
i like onions. new research indicates red onions are better than lipitor for cleaning out your arteries with none of the bad side effects. that being said i still plan on buying my onions through my regular mail order catalogue because the internet cannot be trusted.
So Rat-
I take extra garlic and other supplements for the exact same reason.
But I think you are on to the motive hear
When I think of Onions on the internet, I think of TheOnion.com.
For some reason, I don’t see them rebranded as the plural version.
The Onion, Owns Onion.com ….
exactly Yes homeroag you are correct – I am not sure where domainnamesales.co is coming from with the spoof publication
What I was trying to say was, why would they re-brand as Onions.com when the next logical step (if they were going to re-brand) would be Onion.com
I would 100% odds this has nothing to do with the onion – but everything to do with any buyers onions.com diminishing that price because of the onion publication – as I stated before