domain Kiting

[HighRoller]

http://www.bobparsons.com/DomainKiting.html

who is doing this

[Quickdraw]

Your answer was in the article. At least one of them anyway.

Meet DirectNIC.
You might find the registration statistics of DirectNIC somewhat interesting. DirectNIC registered more than 8.4 million domain names in April 2006, but only permanently registered ? or paid for ? 51.4 thousand of those. The trend was the same in March, when DirectNIC registered 7.6 million names and only permanently registered ? or paid for ? 52.5 thousand. Whatever could DirectNIC be doing? Why are they dropping and re-registering all those names ? again ? and again ? and again?

[DaddyHalbucks]

This has been going on for a while.