Everyone knows ebay can't hold onto its it fake pumped $41. Nothing dishonestly gained can ever last. Ebay pumpers make cash manipulating it up, shorties make money riding it back down, but where do the normal true believers, the bagholders frankly, make their money?
Ebay has its own ideas about its wealth and it really doesn't include you stockholders. "Oh, ebay's a gold digga, though you should know n...."
You certainly have been prescient lately regarding our ebay sailing conditions! Please don't break a mast off inside these paid pumpers and imposters, but by the looks of their daily hate, I'd say you already have.
I so love being right! I generally am! But everytime I see those sick haters circling a long gone poster I know I'm headed to the bank on yet another great shorting profit! It's too easy! Just too easy!
Hey my short profiting free speech poster child, are you using your free speech to say you have the free speech right, nay the profitable duty and community service, to bend my most hateful and angry free speech poster children over and ream your profits out of them until you're satisfied, and that they show by their hateful free speech that they want and crave this? Because Mister you would be right. So right.
Watch the intraday low. If it can break 40.35 that is also telling as it will the 4th day in a row it sets a new intraday low, despite the afternoon covering spike. This looks like a steady, if not spectacular, retrace to the $38 gap.
Sometimes I get so tired of being right, especially on easy questions like 'can ebay keep its manipulated nosebleed levels'. No it cannot.
Sometimes I get tired of making such easy profitable plays and putting a fortune in my bank account at the bagholder's expense. No. I will not.
This is a fight for sure. The $40 level, if taken out, will be a big deal. From a TA perspective, the double top at high $41's was telling. 10% retrace off the top takes it back to $38 on the gap.