Comments on: Threat Watch: “Bank Run” on a Domain Registrar?

By: Bank Run on a Domain Registrar | Domain Cheap

Bank Run on a Domain Registrar | Domain Cheap — Fri, 10 Oct 2008 04:01:36 +0000

[...] start this post after read “Threat Watch: “Bank Run” on a Domain Registrar?” and INSURANCE STOCKS TUMBLE FOLLOWING SENATOR’S [...]

By: Andrew

Andrew — Mon, 06 Oct 2008 22:43:05 +0000

Yeah, I was kind of laughing to myself when the stock market closed. If someone just saw the headline “Dow drops 370 points” they’ll be upset. But if you tuned in when the market hit bottom, you’d be saying “wow, the market was up 430 points today!”

By: Rob Sequin

Rob Sequin — Mon, 06 Oct 2008 20:22:40 +0000

I understand but don’t miss this HUGE buying opportunity. I bought some stock today and I’m already up… now tomorrow is another day

Best time to buy is when everyone else is selling so long as you have a long term positive outlook. (stocks, real estate and domains are all here to stay, just a matter of picking which ones, what to pay and when to buy)

I half expect a 1000 point rally at some point. Not out of the question.

By: Andrew

Andrew — Mon, 06 Oct 2008 20:02:51 +0000

And thanks, Rob. Writing articles helps me keep my mind off the stock market.

By: Andrew

Andrew — Mon, 06 Oct 2008 20:00:36 +0000

Rob, it depends on how fast the parking company went south. There have actually been some parking companies that didn’t pay their customers, haven’t there? Smaller ones I think.

I don’t think it’s as likely, but you can mitigate it by going with a company that has other businesses and thus wants to make sure not to get badwill: DomainSponsor, Parked, Sedo, NameMedia, et al.

By: Rob Sequin

Rob Sequin — Mon, 06 Oct 2008 19:27:12 +0000

Man. You are really pumping out the great articles today.

What about a run on a parking company?

Now I don’t wish that on any parking company but aren’t all of them “fragile” in the sense that if a handful of large portfolio owners and/or a large group of small portfolio owners decide to simply switch nameservers because of a news story, rumor or other catalyst, a domain parking company could theoretically loose 100% of their revenue literally overnight.

That’s scary. Thing is no one would know until the parking company made some announcement or they lost their upstream provider and revenues tanked.