09-13-2020 04:35 PM
It seems every since eBay implemented there new money management program the stock prices have become unstable. They're loosing sellers very rapidly. Without sellers, there will be no buyers. Without buyers, there will be no profits for share holders and they will sell their stock (such as I am before it's too late)...........Looking for a down turn in eBay stock prices. They shot themselves in the foot with their MP product.
09-13-2020 04:51 PM - edited 09-13-2020 04:53 PM
Ebay has slowly been rolling out MP for over a year. Ebay stock reached a new high of around $60 about 2 weeks ago. It has since retreated about 10% to about $54. I seriously doubt MP and the stock price have any connection at this point.
With 25 million sellers, Ebay can lose 1000 sellers every day and not miss a single one of them. The buyers will still be here and will just buy their items from a different seller. Again, no connection to the stock price.
09-13-2020 05:00 PM - edited 09-13-2020 05:03 PM
Averaging $30 a share for a few years, now in the $50's to $60's and this is what you come up with? Not even. For every seller that leaves because of MP, there's another replacing them. For every seller that leaves because of MP, there are just the same amount of items bought. After all, there are very few that sell an item here that is not sold by 10's, 100's or 10,000's of other sellers. So, ebay doesn't, and won't, miss a nickel.
09-13-2020 05:31 PM
I wouldn't say there's no connection, think about it for second or two... MP has been slowly implemented since mid September 2018. Let's say, there are 25 million sellers, currently eBay has less than 1 million sellers in the MP program.( their words, not mine) at that rate eBay will be inducting sellers for nearly the next 20 plus years. SOME Stockholders may not like that rate of induction.
09-14-2020 11:43 AM
I hate the new payment program, both as a seller and a buyer. It's cumbersome, ridiculous and it gives a seller little to no choices. It seems since it was implemented my sales have taken such a nose dive they are the worse they've ever been, (given the virus, elections and other world crisises I get it) but I hate it, I hate it and I hate it. As always ebay rolls new stuff out without seller input, without working all the bugs out and without thinking it through.
09-18-2020 08:47 AM
I looking into other avenues. Just as soon as I pick one I will also leave.
09-18-2020 08:49 AM
You are right on.
09-18-2020 08:58 AM
@apachegunworks wrote:It seems every since eBay implemented there new money management program the stock prices have become unstable. They're loosing sellers very rapidly. Without sellers, there will be no buyers. Without buyers, there will be no profits for share holders and they will sell their stock (such as I am before it's too late)...........Looking for a down turn in eBay stock prices. They shot themselves in the foot with their MP product.
I need to go fabricated shipping boxes for some items that I have to sell, and have not listed because I do not have the right size box.
That is why eBay stock is down. (insert sarcasm emoji here)