I did a google search and I found this post that someone wrote regarding an article that appeared in the Wall Street Journal that says that people are selling Livestrong Bracelets on eBay for profit. Apparently, the bracelets are on backorder due to high demand so in the meantime the eBay sellers have cashed in on it. Makes you wonder - Where are these eBay sellers getting them if they are on backorder? Perhaps store employees are keeping them? (just like a few years ago during the Beanie Baby craze?
Here is the article.
http://blogcritics.org/archives/2004/08/15/195301.php
Livestrong bracelet - now being sold on eBay for serious profit
Posted by bookofjoe on August 15, 2004 07:53 PM
Last week's Wall Street Journal article by Jessica Mintz noted that over 8 million yellow bracelets have been sold, each contributing $1 for cancer research.
The Lance Armstrong Foundation is facing a million back orders.
And now there's eBay, as always, to sell you what you want when you can't get it anywhere else.
Over 1,000 bracelets have been sold thus far on eBay, at prices ranging up to $10 apiece.
There's no rule against reselling bracelets for a profit.
However, the foundation is dismayed that its suddenly chic wares have cropped up on eBay.
A spokeswoman said some of the sales are "just pure capitalism."
OK. And her point?
I mean, so what?
$1 went to cancer research - by default - when the bracelet was originally sold.
Getting bent out of shape because somebody does something you don't like with what they've bought is ridiculous.
The best definition of ownership I've ever seen is, "You own something only when you're free to sell it."
