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eBay Inc. Message Board

  • gewizmeto gewizmeto Apr 2, 2008 3:50 AM Flag

    guess what? Its pump and dump time!

    Earnings are just around the corner and the analyst need to make their clients some money just before earnings.
    I am sure this stock will run to a few days before earnings. The pumpers will softly exit and leave the bag holders with the earnings news. The question is, how bad will the news be??

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    • I believe the spin on earnings will be incredible. This 1 cent listing sale, the shopping.com listings on ebay will inflate listing numbers artificially. It may look good, but sell through rates are down, final value fees are down. They can hide that short term with their spin, but I'm not sure how long they can pull that off. With the changes in feedback coming in May, I think a lot more sellers will leave the site. Kicking off all digital items was a pretty bad decision also. That was another 250,000 items weekly that they'll have to make up somewhere.

 
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