Hi Luke,
I don鈥檛 think they鈥檙e doing that. You can check the WHOIS yourself, the domain has actually been registered for about 3 months.
lookup.icann.org/en/lookup
For example, I buy around 20 domains daily. Namebright offers registrations at ~$7.99, nearly half the price. Hope you reconsider pricing, especially for domain investors.