I will not pay over $4 a yard because it is too easy to get it for less with the online sales. Most LQS have a sale room for $5 and under. When I sell my LQS fabric, I do it because I have decided I won't use it so I discount it deeply. It isn't a business with me. And I don't believe in selling something for more that I paid......ever. Most of us trade and buy to switch things around. It is fun and I hope it stays that way.
That said, if someone wants to buy it for that, it is certainly their right.