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Ebay stock is falling.. All time low..lol
 

Horrray, keep up the good work Ebay
$26.12 -0.75 (-2.79%) Jan 29 4:00pm ET
EBAY - eBay Inc. - Google Finance

From what i have learned in a week from this forum its no suprise. i thought i was one of a few to get suspended but the amount of accounts that go down is this any suprise that listings are at a all time low?

Yep, and it's only about to get worse.

I have said time and time again the way to fix feedback is to remove all comments, scores, and ratings and just do plain text then everyone can leave honest feedback. eBay doesn't listen.

Star ratings are bad too because as I buyer I'll buy from someone even if the shipping is overpriced and slow if I still am getting a good deal out of it based on quality and price (price includes shipping obviously).

For stock, look at it at the max range. At the start of 2005 ebay's stock just crashed horribly. At 2006 it did the same thing but it went down through most of the year. In 2007 it was mostly stable.

For 2008 the stock has been going down steadily since January.

eBay's stock did drop today but so far it's too soon to tell and it's not that huge of a drop.

Hmm, they haven't been this low since July of 2006. Before that it was in 2003 but back then their stock was climbing not falling. What this tells me is the current restrictions ebay has in put in place against sellers are working and is a resounding success.

The Exodus has begun!

Who's gonna take ebay's place? That could be positive to us seller if eBay crash down and another compagny, more respectfull toward seller take it's place!

Remember that just because the eBust stock is falling means the stock holders are selling off their stocks and making big profits if they bought it years ago when it was really cheap to buy. Means some millionaires are gonna be "made" this week. Ha! Couldn't resist the mob connotation. Get it? Con-notation...Sorry, its the wake and bake in me. :D

Ebay: Crooked *******s! The generation under Meg are selling off on a balloon to OZ. I hope their expensive homes collapse over them. Fat meg!

DIE, YOU EBAY!

Anybody have any Target stock?
Theyre the #2 Retailer out there.. BUT, too cautious to Overexpand like Walmart
Nice Company, clean stores, even have SuperStores..
Could they be a Contender?

Like it or not, EBAY is running an illegal monopoly and are pretty much the only game in town. That said, there has never been a better time for a a company with deep pockets to make a serious run at them *cough*GOOGLE*cough*

Who's to say they won't follow the same model? Look at google checkout. They'll freeze your account over there just as fast as ebay.

google checkout has been nothing but nice to me. The key is to start slow. Dont go sign up for google checkout , then run $3000 worth of auctions thru it in a week. of course they will freeze your account for that

^^Why should he listen to you? I dont blame him...No offense

I don't know, Chris. How do you think they just knew at the time that that certain price would end up being the all-time high?

They didnt know. If you know the stock market its about risk. They took a chance and won. Like a few days ago I bought $250 worth of stock thats only.17 cents a piece. But I have a feeling that he company is going to rebuild soon. and at .17 cents I cant beat that.

Okay I see.

Gotta love those Dutch folks. :D

lol chris what stock is that??

Hey Dutch, I dont think it was a dig .. I think he meant:
Dutch, "People ...."
Easters just around the Corner, a time for Healing of the minds after the Holiday rush, Lent, etc.".. :)

They froze my account after I sent a few invoices amounting to a couple of hundred dollars. I rest my case.

Most have been you.. When was this?? Did you use ⊗⊗⊗⊗ info? What were u selling???

Dutch, I didnt mean Dutch as in the people, I was using it as your name..AHAHAHA Slow MO

Of course I used ⊗⊗⊗⊗ info. But I've used ⊗⊗⊗⊗ info on paypal too and I've never been frozen that fast. I'll give them a second try but I don't have huge confidence in them.

it's iraq war the problem, Bush needs to get a way as soon as possible
and stop the war to refresh the American economy

not just iraq, its nearly everything the current administration does. dollar falling, stocks falling, people going bankrupt, housing bust, blah blah..unless you guys can elect a good president, its not going to get back up.

Ivegotinfo-- Your flag looks like Canada?
I have a friend from Montreal, who comes back and forth.. says
he likes to work in usa, then go back home sometimes.. He is a Party Person :)
(he says the Pres there he likes) :)

You sure can make money when the stocks fall. I sell "short" more than I buy "long", especially in these conditions!

Also, Ebay's CEO Meg Whitman is stepping down at the end of March 08. Maybe there's some hidden problems we don't know about, but it's one of the reasons Ebay's stock has been declining, not to mention the amount of revenue they are losing due mostly to sellers upset with their high fees. More people quit Ebay then get banned from Ebay thats for sure.

Ebay is making more money than ever.

ebay go to hell

Stock might be falling however my sales are up up up! I love EBAY...LOL and this forum.

eBay's stock WAS falling. But on January 29th and on, it now is going back up.


Google Finance: eBay Inc.

this is good news for us sellers but the question still remains?
Who is going to take the place of ebay?
and you all know the saying "money changes people"
is the new ebay going to do all the things ebay dose now?

The question is moot because ebay would never disappear unless they somehow became enron.

Who is the new 'ebay'?? No one comes close to their level of buyers. So there is no competition at the moment. Just a bunch of 'here today and gone tomorrow' types!!! Whenever I check new auction sites they have like 400 registered users and they've been around 12+ months. That's a joke!

^^^U got to start somewhere. You cant just come out and be on top

Ebay's Share Price Falling And Unpopular Now
 

Henrietta
Jul 17 10:58 PM
My Website
EBay: Stock Swoons As Three Analysts Downgrade [view article]
Deteriorating consumer spending patterns are directly related to the eBay team's decision to declare war on small sellers. Small sellers were also big buyers, note past tense. eBay decided to go with Buy.com who pay no listing fees, and have a sales rate of about 3%. This replaced all the small sellers who paid plenty in listing fees and had sell through rates between 40 - 50%. Buyers who are not nearly as dim as eBay thinks they are find no bargains at Buy.com on eBay. A simple Google search for any Buy.com item will invariably produce a better bargain elsewhere, sometimes to the tune of several hundred dollars, try it.

I have never had a problem with PayPal but boycotting PayPal goes right along with boycotting eBay. Yes I do still offer it on my website. If my customers want to use it they can and I offer my customers choice, unlike eBay, but I prefer Google Checkout and encourage its use by giving discount coupons which pay for themselves because Google Checkout is free with AdWords.

eBay was a wonderful place once but any entity which confuses its customers, those who pay for service, with those who come to 'only a venue' to buy from their customers, deserves what it gets.

I sold my shares earlier this year and would advise anyone who still has them to dump them. They are non-productive, and the dance is over.
/Show more...


eBay's shares are down 11% in pre-market trading this morning to $24.98 on tepid guidance for Q3. It looks like Wall Street is finally seeing the real problems here and moving to other investments.

Rough day for eBay

As predicted after we heard about eBay's (EBAY) slowing of GMV growth, Wall St. has decided that eBay's turn around isn't going fast enough. The stock is down 13-15% today trading towards $24, a level that the stock has flirted with, but hasn't trade around since 2003.

The primary area of concern is GMV growth. Ex-FX, GMV grew at 4% y/y - Both US and Intl were 4% which represents a material deceleration from Q1. Ignoring all the positives of the Q, this one datapoint has sent the eBay bears on parade in a major way.
Some Bulls turn into Bears

A number of analysts came out Thursday lowering their ratings and/or price targers:

* Goldman Sachs (James Mitchell)- For the first time in 10yrs that I've followed eBay, GS downgraded eBay from 'Attractive' to 'Neutral'. James sums up the action: "The lesson from 2Q2008 GMV is eBay’s business is too large and complex to rapidly reinvigorate, especially in a challenging macro climate, causing consumers to trade down." Goldman calcs a $30 value for eBay.
* Merrill Lynch (Justin Post) - Down to Neutral. Justin was looking for more acceleration and it didn't pan out. He also sees a $30 value.
* TWP (Christa Quarles) - Christa has an interesting view. She says: "Essentially eBay has a “demo problem” in the type of buyer it attracts and shedding the “flea market” image is going to take more time than we originally anticipated

That's what happens when you screw the people that support you...

It's funny how many people just don't get it. Powerseller after powerseller speaks and no-one listens. I too was a powerseller on ebay and no longer sell there. It is not a matter of them replacing us with new sellers. The bottom line is; they won't make money under the current e-bay set-up any more than we did.

It might take people a few months to come to this realization, but eventually they all do. E-bay is not a place to do business...if you're in it for the profit...and who isn't? So, that said, what is so hard to understand about the fact that e-bay is going to shrink and shrink until it becomes a non-factor. They have more enemies than friends. That alone will sink you in time. They have turned against the very people who made them. Those same people will destroy them. You only find out the strength of your allies when they turn on you. I was, like many, a person who endorsed ebay to everyone I knew. I am now working twice as hard to inform people of better and more friendly options. Do the math on this...there is no greater advertiser than face-to-face word of mouth. I and many other are determined to give them the same respect they gave us...no more no less.

There is absolutely no doubt ebay has been padding their listing and doctoring their books (that is an absolute proven fact). With that being a fact, and it is...doesn't it make you wonder how far the fraud goes? It's not the first time this type of thing has happened...why would everyone be so surprised to see another giant fall due to it's own greed and corruption?

They forgot the number one rule in business. Take care of your customers...guess what, the sellers were there customers. If you have nothing good to sell there will be no buyers. If you have only common items, then you may as well go to W-mart.

As soon as the "new" sellers (if they really exist in any numbers) realize they are not making money...poof! off to a different site they will go. The competing sites are growing larger everyday. They still know the value of each individual person who works on their site. It it truly only a matter of time before we see ebay fall. The writing is written clearly on the cracking wall...read it before someone sells you a piece of e-bay in an online aution -- on another site.

If you don't believe me up to this point...then try this: Punch in any search about e-bay that isn't complimentary towards them...see what you get. You will have to go back pages and pages before you will find anything about (say a huge boycott that is currently underway). You will see some information about a boycott from February that had little impact. Isn't that interesting, when you can't read a thread on e-bay that isn't loaded with boycotters. Many don't even call themselves boycotters anymore...as they have just moved on. I am one of those people. I now sell happily on another site, and am determined to have this site crush e-bay. That is the conviction e-bay and the investors don't seem to understand...but they will. I promise, they all will.

The media control and censorship of the truth is the only thing keeping ebay from collapsing quicker than it already is. It's underway and it's irreversible. Soon the only thing associated with selling and ebay will be the selling of their stock.