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Domain for sale

Is the format of the price wrong?

3 months old, no rank, no site and no real memorable aspect to the name.

You could try to auction it starting at $1.50
Excuse me!?

Registered through: Go Daddy
Domain Name: ETDAWN.COM
Created on: 24-Sep-11
Expires on: 24-Sep-12

Just a few months old, you are selling for 1.5k!?
Is this a joke or what?
And GoDaddy!? You know everyone is boycotting GoDaddy now right?
- are they?

After announcing last week that GoDaddy will no longer be supporting the SOPA act, a reddit user decided to make a post and since the fallout, December 29th has officially become the day to transfer your domain from GoDaddy to another registrar.