touchring
18th January 2007, 05:05 AM
I just did that with an ASCII .com, low-mid $xxxx generic, bought 2 days in haste after i discovered domaining, while in an "state of adrenalin". Sold for 20% less than what i paid for. Currency conversion loss, due to depreciating USD is 12%. Total loss about 30%.
Now still left with one more low $xxxx ASCII name to go!
Btw, i think the ASCII .com domain market has picked up a little since the lows mid-last year so the next 6-8 months would be a good time to offload any names that "Do not fit into Strategy".
Disclaimer: Plz don't blame me if after you sell, the market goes higher, no one can predict the future....! Gamble at your own risk.
Now still left with one more low $xxxx ASCII name to go!
Btw, i think the ASCII .com domain market has picked up a little since the lows mid-last year so the next 6-8 months would be a good time to offload any names that "Do not fit into Strategy".
Disclaimer: Plz don't blame me if after you sell, the market goes higher, no one can predict the future....! Gamble at your own risk.