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eBay Inc. Message Board

  • short_ebay short_ebay Oct 19, 1998 2:17 PM Flag

    Target price of 50?

    I am confused. Didn't EBAY already reach 53 at
    one point? Must have been overvalued then... just
    like now! Shorted some more at 44! Will continue to
    short more and more...

    Longs, we may both be
    winners in the end. Sell before the "bubble bursts" next
    week. I am going to make a prediction... EBAY is going
    to beat estimates by a few cents (let's say they
    earn .06). This is what happens on Wednesday next week
    after earnings. EBAY will gap up a point or two for all
    the suckers, and then it will go spiraling down as
    investors realize that even if this company lives up a
    dream, the stock is still overvalued. Just a matter of

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    • No offence, but quit lying your ass off. EBAY is
      not marginable. EBAY may not be shorted. You have no
      short position in EBAY. The short party begins next
      week - 30 days after the IPO.

      In the meantime,
      go EBAY!

      • 1 Reply to ebaynoway
      • Nightflyer_third_generation Nightflyer_third_generation Oct 19, 1998 4:58 PM Flag

        Please dont accuse people of lying unless you
        have a proof. I have bought EBAY on margin before and
        today I sold and shorted EBAY. If you want proof I
        could send you copy of email from my broker suretrade.
        In fact I will attached below.

        Subj: Order
        ID: OLI 1122
        Date: 10/19/98 3:46:06 PM Eastern
        Daylight Time

        Your order OLI 1122, Sell Short 1000 EBAY @ MKT Day
        order in your Short Account has been received by your
        brokerage firm and is pending review by a Broker. This
        order will not appear on your Order Status screen until
        you reload the Order Status

        ----------------------- Headers
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        []) by (v50.22) with SMTP; Mon,
        19 Oct 1998 15:46:06 -0400
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        Mon, 19 Oct 1998
        15:02:05 -0400 (EDT)
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        (8.8.8/8.8.8) with ESMTP id PAA05600
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        Mon, 19 Oct 1998 15:42:01 -0400 (EDT)
        Date: Mon, 19
        Oct 1998 15:42:01 -0400 (EDT)
        From: SURETRADE
        Subject: Order ID: OLI 1122

    • Someone mentioned earlier that this stock will be
      heading down big time like ...

      FEED!!!!!!!!!!!!! This stock has a book value of .34 cents a share
      not 43 1/8 a share. I am sure that it is meer
      coincidence that the analyst who took them public is now
      recommending a BUY. Could it be that they are trying to
      protect their clients that purchased the stock at the IPO
      of $18.00?

      There are only a few days left. I
      would be extremely suprised if more people didn't SHORT
      this stock. I can't wait to see it happen. If anyone
      purchased this stock in the mid-20's to 40's, I would think
      seriously about getting out while you still have some

      The people who say "Go Ebay!!" aren't looking at
      Basic fundamentals; they are speculators who are
      keeping their fingers crossed.!!

      Time will tell .
      . . Let's wait and see!

29.060.00(0.00%)Oct 21 4:00 PMEDT