Posts Tagged ‘map.com’

Is Demand Media Selling Amazing Domains To Help Stock Price?

Written on April 29th, 2011 by directnavigation12 shouts

Demand Media lists Map.com and Run.com for sale on Sedo
I wrote the other day about Demand Media large drop in stock price from its high. I imagine that there are a number of insiders biting their nails waiting for the opportunity to cash out. Each day the the stock trades lower there will be less money for their future bank accounts. (note- the stock has gone up some since my first comment but still trades below the IPO price.) Today I saw that Demand Media has listed 2 amazing domains for sale at from what I am told, reasonable reserves. If these names do sell cheap, it makes one wonder if they are throwing out great assets in order to increase the bottom line.