Because my 6 month target is 800. Right after its
split for 4 for 1, you will see run up again to 200
during mid summer rally. The current buyer will see at
least 300% near term return, 450% on annualized bases.
This stock has traded in a predictable pattern
over the last couple days. At the open it shoots up,
trades in a narrow trading range and then dips back to
where it started. The MM's jack the price the price up
on the market orders in morning and with the lack of
buyers today the price is going to sink. The price
dropped almost 5 points in a few minutes and I was
curious why. I then noticed that Warburg has initiated
coverage on Ebay as a hold. I don't think people who have
been buying since it dropped realize why. I think they
believe they are getting a bargain. Lets see what kind of
bargain it is at the close.
There are a few and there will be more to come
that want to pass of as being like Ebay. Some will say
no listing fees to attract,
but what they are
missing point wise is viewership and trust. Ebay does not
buy or sell items, they just provide the vehicle to
do so. The trust people have with Ebay is their
by-laws are a compilation of input from both buyers and
sellers as to what they want. Ebay only collects their
fees, the buyer and seller keep Ebay around by being
honest to the best of their abilities to fellow
Ebayer's. So keep your eye on a proven vehicle if you want
long term gains.
just wait for ebay with over 24 million available
to be sold. Also, bcst was public for 6 months when
they announced their split so I don't think this is an
option for EBAY. The only hype option they have would be
a little manipulation of their earnings or forward
looking comments which certainly happens all the time.
Then they will run for the door when lockup ends.
For such an under priced Stock that shows a
positive cash flow and paid out dividends last quarter
when do u think it will take off like a rocket? They
are getting ready to post a Web site. for $3 a share,
better hop on this stock soon before that web site comes
out. Should be an easy target of $20 or more as soon
as that Web site is online.
they can sucker people into buying right before
the insider 40,000,000 shares get unlocked? Hmm, I
would, if I were them. After all that strategy worked
very well for BCST. The insiders there really shafted
the small investor. 289 after split announcement,
down to 141 when insiders started selling.
they want to split, they better do it soon, they are
running out of time. One week to go to the big drop.
Broadcast.Com is down half from its Monday high
of 289. Its currently trading at 141. Insiders were
able to start selling yesterday and yeah they suckered
novice investors in by a 2 for 1 stock split on Monday.
Now that the price is declining the volume is drying
up and people who bought near the high are taking
huge losses. Yahoo is down over 100 points since it
announced a stock split and they recorded great earnings.
However those earning did not justify its high price. If
you are making money daytrading this stock great. But
don't buy Ebay if you are plnning to hold it long term.