I never said I was a squatter, and I'm not. I buy domains that are very low value to basically everyone but me, because I know how to drive traffic and monetize it effectively. And I almost exclusively buy new domains (less than 0.5% of my portfolio is pre-owned domains). shop.com would have been a VERY unusual purchase for me, I've only bought a domain for more than registration costs once before and it was also $500 (though that transaction went flawlessly).