eBay

comicsun · ‎10-23-2019

Their stock is up over $9 US a share (30.6%) this year! Hope you kept up with the house and made a profit too!...

Or would you have done better to have just bought as much EBAY stock you could afford instead of all that rigamarole of selling on eBay...???

Hmmm....

gwzcomps · ‎10-23-2019

Generally speaking I don't care how much money my customers make off me as long as I make enough money to make me happy. That being said how is their stock price going up? Usually it drops this time of year. Also with all the people complaining about low sales which are totally our fault and not eBay's site issues 🙄🙄🙄🙄 Why aren't their stock prices dropping? I don't understand the stock market. I think it involves some pagan rituals and sacrifices to out lord helix right?

carbonart0 · ‎10-23-2019

Ebay's PE ratio is over 17 times earnings. That's inflated.

And it may be up 30% but it's still well below it's 52 week high.

Don't look for mismanaged payments to give it a boost. Quite the opposite in fact.

I would short this stock until it comes down to where it belongs. Cut the PE ratio by 75% and then it's a buy - maybe. With a detailed understanding of the management's policies and attitudes towards their own customers (the sellers), I would not consider Ebay as a buy and hold investment.

mvls1 · ‎10-23-2019

If their PE goes down 75% that will be on the way to closing their doors!

carbonart0 · ‎10-24-2019

No... It would make it a reasonable investment.

Again though, even with a PE ratio where it should be, I would not buy and hold Ebay long term. I don't think they will ever succeed in becoming like another Amazon. You can't burn all your bridges with your customers (the sellers) and then expect to grow as a business.