I just don't get how ebay share price is going so low.... It may be a good buy opp? or am I catch the "falling knife"?
It's a falling knife. I sold last week and lost money. But from I have read, Ebay is a good company, but the stock is not good.It should stabilize in the mid 20's, but who knows if it well ever go back up. Look at MSFT as it has been stuck in the mid 20's for years.People pay hige PEs for growth and it looks like GOOG is going to cut into Ebays growth big time. This may or may not be true, but perception on the street is everything.I am staying away from Ebay.