Quote:
Originally Posted by sarettah
From what I have experienced, at most registrars it takes between 60 and 90 days past expiration before it can be picked up. Grace period, redemption period, auction period and then the registrar makes it available for registration.
During that time any sites on the domain would not be working because the domain would be inactive.
So, no, I do not feel bad about or feel that anyone is doing anything wrong if they picked it up and then offered it back. And you know that I don't like scumbags in the industry but this does not sound like one. They gave plenty of time for it to be re-registered.
You also don't know that when they picked it up that they knew who had it before. You are guessing at that part I think. I have picked up domains on the drop many times before. I never worried about why they were being dropped.
If that domain was that important, the owner had plenty of time to re-register it. If there was a site on it then that site must not have been very important.
If there was no site then the owner was cyber-squatting it to begin with.
No harm, no foul in this one.
Just my 
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Just investing or speculating in domains does not make that person or entity a cybersquatter. Cybersquatting is registering domains containing trademarks and trying to sell them to the trademark holder. If the domains that are registered are generic, descriptive, suggestive or arbitrary words or phrases with no level of distinctiveness, then there is no cybersquatting.
With regards to Mark, it's his own fault he let the domain drop. Registrars send out multiple email notices prior to expiration and even provide a typical 30-45 day grace period prior to changing the status to RedemptionPeriod. If it was important to him, he would have 1) renewed it in advance for up to 10 years (.com/.net) 2) maintained a valid email (as required by ICANN if it was .com/.net) to receive renewal notices, 3) kept a list of his domains with the registrar and expiration and 4) set the domain for auto-renew.