ebay's stock value got new low

**aspkin** · #23 10-15-2008

Everyone is down today.

Except Coca-Cola

JamesYaBaoy · #24 10-15-2008

Caseyjr86 · #25 10-15-2008

I don't think the price of the stock really reflects how the company is doing.. Stock is WAY undervalued. I think if you bought now, (probably not at its lowest yet) you would at lease double your money in 2 years.

**aspkin** · #26 10-16-2008

For certain stocks, most likely. EBay on the other hand... I wouldn't buy it.

yahhtrick · #27 10-21-2008

Short eBay, Drive it down to single digits.

memphis · #28 10-28-2008

I don't know about you but my sales have been doing the same as ebays stocks. I'm starting to think I'm going to quit buying more sh!t to sell. Before I'm stuck with a load of crap that won't sell to hand out as gifts for christmas this year.

planes · #29 12-31-2008

New member here. eBay member since early 2000.
What I see from different threads at different sites is.

eBay is basically killing their core membership. Personally, I think its from
ineptness. And eBay wanting to do away with small time sellers definitely holds some water as I think they were hoping the big sellers would be more responsible?

There was a show back in 07, i forget the name. It was dateline or some similar
piece.
eBay got a real good lashing about buyers being ripped-off. A somewhat slanted piece which is normal for the news shows. Whitman and all the other
peeps got hammered pretty good.
It was from that point forward that the rules really started to go against the sellers.

Back to the earlier comment. eBays top execs really attempted to do this adjustment in such a foolhardy manner with great ineptness. I think they just got into a frame of mind to get rid of sellers who could be bad sellers.

They must have gotten all of the data from some sort of a statistical round-up but didn't look any further than that. You can't base a business model on just numbers or a graph.

Then of course, especially Harvard types, get a feeling of superiority and are so caught up in that they can't look out past their nose.

I am getting so many buyers that are just plain a$$h@les. But you know, there are still a lot of real nice people on eBay. But the jerk numbers are rising greatly as well as the no pay jerks.

I'm just sick of the whole thing. I'm just going to hit eBay for fast cash now and get my own site up as well as sell on Amazon which I have a corporate account. Which by the way I haven't used yet. I am not looking at eBay as a long term solution anymore.

yaw1800 · #30 12-31-2008

Is there no way ebay can make a financial comeback??

Do think one should take a chance investing in them??

JamesYaBaoy · #31 12-31-2008

You had any luck with amazon...?Their fees are WAAAY high..

planes · #32 01-01-2009

Quote:

Originally Posted by JamesYaBaoy

You had any luck with amazon...?Their fees are WAAAY high..

Yea their high but after you factor in ebay/Paypal fees its pretty close. Plus there is no listing fees on Amazons you can put a lot of items up. Just set the price high enough to cover you costs. And you can up the shipping a little higher as Amazon does allow for this. Then sell by shear volume alone.

planes · #33 01-01-2009

Quote:

Originally Posted by yaw1800

Is there no way ebay can make a financial comeback??

Do think one should take a chance investing in them??

You mean investing in their stock? A lot of people say yea because
they have great value and about 3 billion cash on hand.

One problem with them is a lot of the eBay sellers owned stock in them and
dumped it after the lousy policy changes.

Ebay is getting killed by public sentiment. I have rarely seen a company trash itself so badly with poor policy. They didn't realize or didn't care that a lot of the big time and medium sellers held their stock and used eBay as a buying medium.

The only other companies which come close to this kind of negative sentiment are the US car makers.

They(eBay) have lost, if I remember correctly, 3 of their top 10 biggest sellers and thousands upon thousands of regular sellers.

Every article that allows comments is strewn with negativity about them. Sellers come on and say they are now leaving or selling much less now.

Wait until they report their earnings if they haven't done so already. If its lousy, wait for the stock to tank even more and then maybe invest.

yaw1800 · #34 01-01-2009

oh ok.. right now seems like a really good time to take a chance and invest in them, but there's no guarantee that they will return to where they once were, especially with how they continue to run things

planes · #35 01-01-2009

I wouldn't invest in them until their 4th quarter results are out. But that's me.

I am sure there are day traders betting on their stock going down and playing with shorts. I think that's what you call them.

TMiles · #36 01-01-2009

Compare eBay to Amazon as far as stock price and business model. Both e-tailers are down, but Amazon is not hurting near as much. Financially, PayPal is the bright spot for eBay, hence eBay's forcing its sellers to accept Paypal...

planes · #37 01-01-2009

Yes, Amazon is hurting stock wise but I think they were up as far as sales from the prior year.

eBay's stock seems to be leveling off at around 12 to 14. See the dip to 11 and then the rise and settling down a little to high 13s.

I predict a long term mid to high 13s.

If they dip to single digits I think the present CEO is gone. If they level off and rise a little his demise might not be that certain.

If the stock doesn't rise above 20 for 6 months or so he is gone as well.

eBay's life is in turmoil right now. They are on a precipice. They really truly are on the brink of death or a buy out.

When a company with as much good value is this low that is not a good sign.

They really should not be diving with their great value.

They have 3 billion in their pocket. They should be weathering this storm
very well. Actually better than Amazon. Not a good sign.