I heard that Barons is going to espout some very positive comments in its ebay article and that it is the one company that has the greatest chance to surpass MSFT's market cap.
Gee, you are just now learning stock trading 101.
You must be just out of college. With experience you
will learn and perhaps take Stock Trading 554.
Not only did I hold ebay from 137, I also wrote
covered calls along the way, cashing in as I went. The
stock is down 15 points from where i bought yet I am
ahead! Did they teach that to you in college??? Not. I
also own long term calls on ebay at 100 which have
quadrupled in value since I bought. I also owned ebay in
February at 90 pre-split and sold at 165 pre-split.
Obviously I could have done better if I held the whole
Here is your Stock Trading 102 lesson for
you son. Limit your risk on stocks. Shorting a growth
stock is the most risky investment anyone can make. And
you will lose.
Now, here's the beef. EBAY has
had numerous outages, bad press, disgruntled sellers,
insider selling, the works. Yet, they continue to grow
their auctions at an incredible rate. Everyone knows
ebay is the only game in town. They are the most
unique business model anywhere. They provide business
opportunities at a very low cost for people who would otherwise
be out of work or making very little. They have
cornered the market. Yahoo, amazon, and other auction
sites are a joke, and everyone that has used them all
know that ebay wins hands down. They will expand into
other businesses such as retail items sold directly
from manufacturers. They will sell books directly from
publishers to eliminate inventory costs. They will be the
ultimate middle man for eCommerce. Their auctions are just
Rule No. 1 for stock trading or invesment
Cut your loss short,usually 7 or 8%.
you hold the 137 and let it drop to 70 and did not do
anything(almost 50% loss). How much pain did you had during 137
to 70? You never learn in the 15 years long
Now the stock market & ebay is either trying to
consolidate then go higer or lower. Nobody knows. This is a
millions dollar question.
I will limit my risk to only
a few bucks. The worst scenario I will cover around
mid 130. That's fine to me. But the best scenario for
me is to cover around 70. That's much better
Two weeks ago, ebay is on the uptrend. I did long
ebay and made some money. Now ebay is losing steam and
the market will soon lose steam too (double top with
lower high for Nasdaq). It's good to short troubled
stock like ebay. The risk award ratio is
Compare to 3 weeks ago,what fundamental did ebay improve?
It's the same or worse. Their customers relationship
go some hit because of the reserve price issues.
Also more competition. Hire a few guys and buy some
equipment won't guarantee outage free. Did Meg promised
before the 2nd long outage. What did she said? Sounds to
me the management has some trouble taking care their
business either inside or outside. Isn't business suppose
to take this issues as most basic practice. You will
see EPS getting lower within one year(deceleration).
That's why most analysts cut their estimate for ebay
recently. After one year, other aution sites will grow
bigger and take ebay's business(not 100%,maybe 70%). For
now, I don't see any fundamental change in the near
future to let it go back to 200. Show me the beef!
I checked out the links and you're right, you
sell it on yhoo, however, your listing on yhoo
the advantage because you had a picture
ebay you didn't. generally, items with
Here are the
This is my successful auction at
This is my unsuccessful one at eBay. This is the last
time I attempted to sell on eBay. then I switched.