So far in 2021 the Reddit group /r/wallstreetbets has been in the news non-stop as retail traders pushed GameStock stock up to astronomically high levels. In the process, some retail investors putting in as little as $500 made out with some serious dough and some hedge funds who bet big against the stock took one heck of a hit.
Looking at Google trends you can see the term moved from almost complete obscurity to 100, making it one of the most popular search terms on Google.
While all of this has been going on, I’ve been thinking, phew – whoever owns WallStreetBets.com must be getting a ton of traffic. Whoever owns this domain name has some pretty interesting opportunities and now it looks like the current owner is ready to pass the torch as the domain is now listed for sale on popular online business marketplace Flippa.
You can either click on the image above or use this link to see the listing yourself. To get all the details you’ll need to create a free Flippa account.
I was surprised to see that the domain name was originally registered 22 years ago, which for those doing the math is before Reddit even existed. While I’m not sure if the current owner is the original owner, either way, it has to have been a pretty incredible couple of months.
The domain has been listed in a three day auction with a reserve price that I would have to imagine is in the six-figure range. Currently the auction has nine bids and is at $11,000 but as we all know, these auctions usually really start to shoot up in the last 24-hours and things get extra spicy in the last hour. So it’s safe to say I’ll be watching this auction alongside the Super Bowl this weekend!