sounds like a good wager to me. I bought a few April 52.5 for $2.40. Can't help but agree that this stock is waaaay oversold. Don't even understand why we're trading at these levels. It's an aberration. This stock is trading as though it had absolutely no earnings growth prospect. Makes no sense for a rapidly expending company. Expectations are so low at this point that there's a very good chance for the co. to surprise to the upside. This stock is heading higher, way higher. I can easily see it trading in the mid-60s in one year's time.
Unfortunately, that's what people have been saying for over a year now, that eBay will trade in the mid-60's but here it sits at 49.30 while most of the market is up. Do your due diligence. eBay is under fed scrutiny for Bill Me Later, the marketplace is sagging, merchant morale is at an all time low and Paypal is facing competition in all directions yet their "offline" Paypal in-store and mobile is a huge failure. The chickens are coming home to roost.