AuctionCut

This is an excellent eBay website I found that was made by this kid at MIT who made over $200,000 in one year on eBay. It's pretty awesome, but I have a question about it...

This arbitraging thing, is it something that occurs often, or is it relatively hard to find a good opportunity. On average, how much money (what percentage?) can I make per opportunity?

Thanks!

A fair portion of the stock that I sell is purchased from eBay in the first place! I have a few separate buying accounts to spread my purchases so as not to reveal too many of my secrets, and also so buyers can not see how much i paid for some items.

Misspells, poor listings, mis-categorised and job-lot items are always good targets to make an uplift on!