I stumbled upon this article published on Anticareer.com, where a person was able to sell a domain name which he did not own, for a $5,000 profit. The gist of the article is that the owner of a domain name tried to sell it to a company he thought was a prospective buyer. However, his proposal was rejected. As a response to this, he made a list of some 5 domain names(listed on marketplaces for sale) that he did not own, but the company might be interested in, and pitched it to them. The company finalized one of the domain names, offered $6,500 for the same. He bought the domain for $1,500 and flipped it further for $6,500, thus making a $5,000 profit. The author justifies his act as a good cash flow management. According to me, this practice is highly unethical. How can you offer to sell a domain name you do not own! What do you guys have to say about this?