Ebay Is Still One Giant Unsecure Parking Lot. Still.
Same as it ever is Marketendgaming.
It's no mystery why ebay's down and trending ever lower, with the every once in awhile burst of green.
Ebay is going to repeat that same pattern it did at $41, at $33, at $23, and here at $14 as it crashes down for their buyback program to buy cheap, and then that bumps it up a bit.
Over and over again. The investors lose in the short term as ebay has to lower the amount of share, and investors lose in the long run as ebay's many customer relations and bad PR problems keep sinking it.
The only winners are the smart day traders, the short term shorts and those that really pay attention to the ongoing buybacks.
If there was a SEC or any kind of real trading rules ebay would not have been able to give away so many shares to insiders, or been allowed to play these games with the shares but as we all see, there is no SEC or rules and it's a dangerous game for traders of all stripes these days.