I trade in and rebuy games all the time.I see alot of people complaining that Gamestop gives you crap for your games but if you wait until they have special deals like trade in 5 games get an extra 40% trade in and then you have your edge card that's another 10% and then you wait for their awesome buy 2 used games get 1... it's a really great deal.
I've traded in lots of games and gotten a decent amount and then a few months later the game drops in price and i get it again for less than what i got for it. Mass Effect was my most recent re-buy.
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