This whole thing of monitoring and scooping up domains at opportune moments doesn't surprise me, I know there are those making millions off of cybersquatting. I read an article about a guy who supposedly does this day in and day out to make his millions and utilizes intricate programs to do his dastardly deeds for him....also he has an interesting arrangement with the government of Cameroon.
Take a look at the article
Take a look at the article