ITMagazine.com was flipped for $10,000 within a month of acquisition for $120

IT.com

domainking131

Forum Leader
Staff member
While reading across blogs and forums, I came across this interesting sale of the domain name ITMagazine.com which sold on Flippa for $10,000.
The domain name was acquired by its owner for $120.
It was listed on Flippa showcase auction for which the owner paid $349.
The auction had the highest bid of $3,250 when someone offered to buy the domain on Buy It Now for $10,000. At this time, the domain was listed for buy It Now at $15,000.
The owner chose to lower the Buy It Now price to $10,000 for which the domain was sold.

It was 8,233% ROI in less than a month.
Does any other industry provide this high ROI other than Domaining??
 

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