coyoteknife
Joined: 07 Feb 2005
Posts: 52
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| Posted: Tue Feb 08, 2005 1:28 pm Post subject: Re: Ebay's Stock- Heading DOWN! |
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:shock:
I don't believe ebay stock will ever recover back from it's recent high of 118 a few short weeks ago. Now it is valued at only 77 a share, down 40 and sliding. I cannot see the stock rebounding above 90 ever again, if you own ebay stock my advice is sell it now or hold it for the next 6 months and pray that it might improve.
Did you know that many ebay employees already sold off all of there ebay stock! What does that say about ebays tailspin future?
Ebay has alot of registered users but it's stranglehold on internet sales is only going to worsen over time as more private websites are built and competeing auction houses drain away the bidder pool with better deals, ease of use, and fair seller pricing.
Ebay at one time charged a nickel insertion fee only a short 6 years ago. The only reason for an insertion fee on ebay origionally was to control duplicate listings of the same item, by the same seller. Now they act like minimum insertion fees of 35 cents is a necessity, pure baloney -
Insertion fees are pure greed and greed only. Ebay is going to milk the
sinking ship all the way, till every last nickel (billion) is sucked from the system. Just like the newest commercial, of a sinking boat in the ocean it's like a premonition of ebays stock price, it's not going to ever float the same way again. I say it's long overdue. They stuck themselves in the eye first, thinking they could float the stock with a price hike, it backfired.
It doesn't take brilliance to raise fees on sellers that have invested a zillion man hours building small businesses on ebay. Meg, you are not special, or overly intelligent, or incredibly creative when you suck the blood from your own body. I could eat my own arm to live, but who wants to do that? Your stock will never be the same. It's the end of the road Meg, time for you to retire in obscurity with your millions. :? Coyote |
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