These guys are so smart they bought insurance.com domain name and all the traffic. Around 200k in traffic per month. Do you guys realize how much traffic cost per click. Try about an avg of 10.00 per click.
What a smart buy. The next move would to be going after geo centric domain names and other insurance related names.
This is a life time of revenue.
Hopefully we will see 25 to 30 a share in a couple of years.
Yep All you have to do is look how much domain names like californiainsurance.com are asking? Or any name for that matter. You can't even buy a name like that for under 500k. And it is not even developed. I bet they may sale for about 1 million if offered but in the future local search is where everything is at. I am in SEO so I know.
Insurance clicks are going for 30.00 per click in some states. What a business to be in. Now if we only had the money to buy up these state insurance names.