Scalpers are stupid because in this case, it sounds like it's still in stock, and there will definitely be more stock, which you can't really say for all products. They're stupid because they have a good chance of losing money on this one. Of course some are also going to make money, but this seems like a really risky product to me.

If someone's willing to pay more, I'll gladly take their money. Not my fault they pay more. Scalpers are stupid? Really? Seizing a opportunity to make money is far from stupid. Profit is made in the first few weeks. If the market isn't there, then most of the times the consoles are return to the store. The newbies to selling hot products like this are the ones who usually lose money. 

I consider preying on naive/desperate people an ethically corrupt practice. That's why I don't do it. If I knew someone really wanted a console and I had two, I'd either sell it for what I paid or flat out give them one... just because I like being a good person.

But if the scalper can't sell them at a profit then the scalper loses money, I doubt a scalper can go to a shop with 10 xbox and say I'm returning these cause they're defective, give me back my money

It's not preying. A product is offered at a price. You either buy it or you don't. People work hard for money and they have the right to spend it however they see fit. If someone pays over double for something that they want, who's to say that's wrong? They choose to spend that money. It's not like their calling people and badgering them to buy it.

Those are some pretty low profit margins for scalpers, switch and ps4 scalp prices were significantly higher.

I guess it's harder to scalp a console that's in stock in most stores still.

Meanwhile in japan, you can still buy the original Xbox one console day one edition at retail. 

Those are some pretty low profit margins for scalpers, switch and ps4 scalp prices were significantly higher.

I guess it's harder to scalp a console that's in stock in most stores still.

Meanwhile in japan, you can still buy the original Xbox one console day one edition at retail. 

Yes you can return as many as were purchased. Can't deny a return because a person purchased a bunch of them. Don't lose money if you sell them for MSRP. Nobody is losing money the first 60 days after that you never know.

Better return them quick then as I just looked up gamestop's policy and they won't accept it if your console is older than a week from purchase