Nearly Doubles in June — Communicate.com Stock

Domain name firm’s stock jumps 85% from June 1 to June 22.

Individual domain name prices aren’t the only signs that the domain name market is white hot. Shares of domain name firm Communicate.com (CMNN.ob) have soared from $1.14 at open on June 1 to close at $2.10 last Friday, June 22. (Shares fell 8 cents on Monday).

Shareholders are responding in part to the hiring of fresh CEO Geoff Hampson and his $1M investment in the firm. Hampson appeared on TheStreet.com TV the prior week and laid out his plans for the firm. Communicate.com will continue to build out its market domains similar to what it did with Perfume.com.

Hampson stated the firm may need to sacrifice short term profits and raise more money in order to do this. And you can’t blame him. Communicate.com (corporate site CMNN.com) has some dandy domain names. The prior week’s Moniker domain name auction saw a $3M bid for Scotland.com rejected. Communicate.com has its share of great country

domains like this, counting Brazil.com, Indonesia.com, Malaysia.com, Vietnam.com, and GreatBritain.com. It also has no more than parking pages for Boxing.com, Cricket.com, Rodeo.com, Call.com, and Yen.com. These are great assets just begging for a bit of investment.