I have a blog idea and thought of the PERFECT name for it but it's already registered. The person has done nothing with the domain for years so I think they're just squatting on it to get paid an outrageous amount. It expires next week and I want to try to 'steal / snatch / hijack' it out from under their noses , does anyone know if GoDaddy expires all domains at a certain time in a certain timezone? Like, if it says it expires on 9-11-12 does it expire exactly at midnight in for example the Eastern Time Zone? Please hurry and tell me!

It seems like the last few days I have been getting quite a few of these emails. I get them for not only my domains but also for my office domains (which I'm the webmaster for).

Screen shot of one of the many emails: