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eBay Inc. (EBAY) Message Board

  • petelato@aol.com petelato Apr 24, 2013 3:03 PM Flag

    there is an elephant in the room people...

    John Bainer said the tax bill WILL pass this week, when it does, EBAY is gonna take a massive hit. If you made a profit on this, would be wise to lock it in, or risk getting wiped out.

    Sentiment: Strong Sell

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    • While only 5% of eBay sellers will be impacted by the online sales tax, you are correct, there is an elephant in the room... Read...

      Once the bill passes, eBay will be FORCED to report actual sales data, not inflated data they have been reporting. It will mean eBay having to open their books. which is something they'd rather keep secret. So yes, you're right, not for the less than obvious reason. eBay will plummet.

 
EBAY
53.40-0.35(-0.65%)Aug 20 4:00 PMEDT

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