INVESTOR WARNING: OBJECTIVITY GONE. THIS STOCK, BOARD IS LOST
For those of you who wonder if ebay is a viable stock (it is NOT) and whether its even vaguely related to ebay's customer service, customer satisfaction or even stockholder satisfaction (certainly NOT) and how it goes up more than a dollar one day, then down a dollar the next, one only has to look at the new CEO to see Yahoo will do anything now to pump ebay and paypal, at the investors expense.
Now we see why the boards are filled with criminal idiots pumping and spamming all day and why smaller investors don't even stand a chance in this age of incredible FED liquidity pumping and Goldman Sachs micro trading computers.
See if this post lasts. Bet it doesn't. But there will be plenty of idiot posts all day and night for eternity. This stock is as done as its utterly failed board. Last one to wake up turn out the lights.
Yahoo named Scott Thompson as its new CEO.
NEW YORK (CNNMoney) -- Yahoo named Scott Thompson as its new CEO on Wednesday, choosing an outsider to take over the helm despite shareholders' calls to sell the company.
Prior to accepting the job at the online media giant, Thompson was the president of PayPal, an eBay (EBAY, Fortune 500) subsidiary. He will officially be named CEO of Yahoo on January 9.
Thompson's appointment comes four months after the ouster of former CEO Carol Bartz, who was unceremoniously fired by the company's board via phone in September...