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-   -   ebay's stock value got new low (https://www.aspkin.com/forums/ebay-discussion/7461-ebays-stock-value-got-new-low.html)

abusing-eBay 10-06-2008 12:34 PM

ebay's stock value got new low
 
it is 17.19 today.

EBAY: Summary for EBAY INC - Yahoo! Canada Finance - Share Prices, Charts, News and more

I have a rescue package for Mr Donahoe:

Reinstate all my accounts, Let me save you.

aspkin 10-06-2008 12:55 PM

Wow.. it was $40 a year ago and now $17..

And $60 in O5'

Lol... tough times..

Brendaleigh 10-06-2008 01:17 PM

Yippee!!!
 
Do any of the financial analysts have an explanation for why eBay stock has dropped so much? How about PAYPAL - eBays Evil Twin?? Any problems there? I can only hope.

gurusgrafx 10-06-2008 02:08 PM

wow, I remember when the IPO came out watched them climb and split. Hope it becomes a penny stock in the near future.

imthatguy 10-06-2008 03:24 PM

Humm i might buy there stock now

smile 10-06-2008 04:55 PM

Quote:

Originally Posted by Brendaleigh (Post 61008)
Do any of the financial analysts have an explanation for why eBay stock has dropped so much? How about PAYPAL - eBays Evil Twin?? Any problems there? I can only hope.

They moved away from there original business model. They are also killing their small sellers off which was the foundation of that company.

suplex 10-07-2008 08:16 AM

My account was canned about two weeks ago the day of the first big stock drop. It was canned due to a past due balance with my mom's "associated" account. Made us wonder if they were trying to cash in their chips.... The two seemed related. Perhaps not.

TMiles 10-07-2008 06:15 PM

It closed at $16.50 today. Six months ago it was over $32.00 This is a 50% decline in 6 months..............

TMiles 10-07-2008 06:19 PM

PS - The 52 week low is not so alarming as the 50% decline. Overall, the markets are down about 30% in the last several months. Ebay is suffering as bad as the financial sector and the auto industry, The real issue is that other online retailers are not seeing such a huge decline in stock price. Traditional retailers like Wal-Mart who cater to the low end generally ride out the bad economic times pretty good.

I will check AMAZON tomorrow.....

TMiles 10-07-2008 06:32 PM

Amazon was $76.90 six months back. Today they closed at $58.57. This is a 23% drop. Looks like investors are really seeing something they do not like in Ebay's business model.

Imfukd 10-07-2008 08:21 PM

Time to raise fees!

dakrei 10-07-2008 10:43 PM

With the downward spiral and now the impending loss of 1000 jobs at ebay the bots will be even more powerfull and destructive to sellers. Unwarrented suspensions with no communication or customer service will get even worse. Ebay will be a buy at $2.00

yahhtrick 10-08-2008 03:00 AM

Ebays stock will be in single digits soon. DonaHOES days are numbered.

TMiles 10-08-2008 08:39 AM

Did you guys watch the Presidential debate last night. McCain suggested Meg Whitman for treasury secretary. Now wouldn't that be fun.....

Quasi_Mojo 10-08-2008 03:34 PM

I thought I was hearing things.
Would that be a bad thing? Didn't things go downhill after she left?

Here We Go Again 10-08-2008 03:54 PM

She is still on payroll.
They are just implementing her ideas.

helpme1 10-08-2008 05:59 PM

Ebay Stock will continue to fall as long as they continue to do us good sellers bad by canceling everyones account for stupid invalid reasons ;)

dakrei 10-08-2008 06:33 PM

we can only hope that the 1,000 people to be canned from ebay will be from T&S.... hopefully from the top down.

helpme1 10-09-2008 08:08 AM

AMEN Dakrei

Quasi_Mojo 10-09-2008 01:43 PM

Quote:

Originally Posted by Here We Go Again (Post 61286)
She is still on payroll.
They are just implementing her ideas.

I guess that explains why McCain was interested in her. She's in favor of big business profiting, instead of Joe six-pack. Just like McCain.

abusing-eBay 10-15-2008 02:28 PM

God Bless, ebay today Down 2.05 (11.56%), it is 15.69 USD.

The clock is ticking , Mr Donahue's days is numbered.

I don't want ebay be gone, I want Mr D to be gone.

We want our old ebay back.

yahhtrick 10-15-2008 03:17 PM

Another New 5 year low in after hours trading.

After Hours: 14.65 -0.52 (-3.43%) - Oct 15, 4:36PM EDT

Congrats eBay on continuing to break your own records.

aspkin 10-15-2008 09:00 PM

Everyone is down today. :p

Except Coca-Cola :)

JamesYaBaoy 10-15-2008 09:42 PM


Caseyjr86 10-15-2008 09:45 PM

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 10-16-2008 01:43 PM

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

yahhtrick 10-21-2008 10:25 PM

Short eBay, Drive it down to single digits.

memphis 10-28-2008 07:56 PM

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 12-31-2008 04:23 PM

My input.
 
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 12-31-2008 05:43 PM

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

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

JamesYaBaoy 12-31-2008 05:53 PM

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

planes 01-01-2009 01:37 PM

THeir high but
 
Quote:

Originally Posted by JamesYaBaoy (Post 70826)
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 01-01-2009 01:47 PM

Quote:

Originally Posted by yaw1800 (Post 70823)
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 01-01-2009 02:47 PM

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 01-01-2009 06:00 PM

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 01-01-2009 07:01 PM

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 01-01-2009 10:10 PM

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.


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