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If you copyright , for example pepsi.com and then sell it to the Pepsi Co then you are unethical but will you feel bad about it?
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Well I wouldnt feel bad for selling something to pepsi because they are a corporate giant, but if it was a smaller business who hadnt registerd their business name via the web and my motive for buying a domain was to sell it to them, then yes I would feel bad about it, even more so If i was waiting for someones domain to expire just so i could sell it back to them. A practice which I am strongly against
but if I registered a domain which i thought was a good marketing lure and nobody had thought of it before I wouldnt feel too bad