I have followed your posts and have generally agreed with them, but don't you think a bounce is in order? Everyone wants to short these stocks now. My feeling is that you will see a short squeeze tommorrow, its time to catch the lemmings going the wrong way again. I agree this company is a piece of sh-- but nothing goes straight up or down. I would appreciate your thoughts; I covered short position at the close and am long 20 aug 80 calls for this bounce.
The core business of EBAY is to provide serious, real, and high quality auction services for our clients. Other free auction web sites are just begin to copy our style, but their stragety should not impact our business because they provide unrealistic phony services to their members. Sooner or later, their members will never return back to their web sites. EBAY provide quality services because EBAY is committed by the fee base system.
Personally, EBAY should increase the fee and provide higher quality of services. At least, high fee can eliminate those 'traffic makers' to fool around other auction web sites.
I'm not CEO neighter insider! Personal opinion only!