It actually doesn't surprise me that stubhub was unable to sell their tickets at incredibly inflated prices, and upon seeing so many private sales happening at or near face value, that they chose to sell them back to ticketmaster for sale at the regular price.
We bought 5 four day passes today on the live nation website...could only purchase 1 at a time so had to make 5 transactions but each one was $295 and I printed all 5 receipts:-) We were going to buy from someone on Craigslist for $315 each in Portland which was not bad but I just checked the website just in case and even though it said they were sold out I still was able to buy them. Don't know how many they have available especially since I could only purchase one at a time but they were for sure available today luckily for us:-)
I did not expect them to release more tickets through a legitimate source, but it should be fairly common knowledge not to freak out and buy early from a scalper, just chill and wait it out. Because the fucking parasites that charge twice the price in early March have to unload all of their tickets before the festival or they will take a loss. My friend got his ticket for $10 dollars under face last year by just waiting until the week of the fest from some guy who couldn't go last minute. A few years ago I found out I couldn't make Coachella 2 days before hand , I was basically giving my tickets away so they didn't go to waste.