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Reply to "what do I sell?"

I bought some really pretty stuff yesterday for 70% off retail. it is actually some licensed stuff. so I was wondering...is 70% off considered a good price to pay for something to sell on ebay? I figure if I can sell it for less than retail, then I've made a little money off of it. I keep hearing this phrase "pennies on the dollar" and I don't know exactly what that means. LOL

Once again Thanks for the advice!
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