I would guess Gazelle is banking on the iPad 1 stream from Apple drying up, at which point those iPads they bought for $300 are going to be easily sellable at $

I would guess Gazelle is banking on the iPad 1 stream from Apple drying up, at which point those iPads they bought for $300 are going to be easily sellable at $350+. It's not an iPad 2, but it's also not $500.