I predicted that ebay would go down to 22.00 back when they separated. Not far away from that number and frankly, I did not think it would go down this fast. Look at the three month volume......it drops everyday.
You are the biggest Wrong here! You spend all your time on this board 24-7.
I know all kinds of sellers, selling many different categories They are telling me the same story. Sales are dead! And who made you the company spokes person?
The truth is EBay is a TOUGH SELL!
Help! I fell down and nobody on EBay can find me. Sales are dead! Many of my fellow sellers are experiencing the same results. 10 out of 15 sellers on my watch list do not have any product on EBay. It was never this bad! Is it because of the recent search changes with Google? Is it because many of the quality sellers have left for other sites? Is it because of the economy and the summer time is slow? Or all of the above? What ever the reasons...... this does not bode well for eBay going forward. The stock price will not holdup under these condition.
The games are over for EBay. It no longer has PayPal to skew the growth numbers. If your going to own this stock you should be shorting it. Their is no way that they can maintain, in this retail environment. Most all EBay sellers have known this fact for years. Zacks news announcement this morning is reflecting poor results going forward. When this starts to descend, it will go down hard. Expect to see EBay policy being more seller friendly going forward. Unfortunately, its to little too late!