10-15-2018 02:52 PM
Shares of the company have been on a severe downtrend since the beginning of the year. Since the beginning of February, traders traded EBAY down from $46.99, its 52-week high, to its current price around $32.30, its 52-week low. What do you think the numbers will be and if still trading low, will sellers continue to bear the burden?
10-15-2018 03:03 PM
The 52 week low of $30.36 was hit last Thursday and it will probably go below that once Q3 numbers are released. Theres nothing much left to reverse the down spiral...
10-15-2018 03:07 PM
EBay's stock price woes impose no burden on this seller. I suppose if a seller has invested in eBay stock that would be different. But I think the vast majority of us here own no eBay stock, so we have no concern about it's price. (I was gonna say value, but it's value is totally unknown, while it's price is known by anyone who cares.)
10-15-2018 03:30 PM
stock prices are like a health report for a business. If you use the business you'll reap some of the rewards during good times and shoulder some of the burden during hard times. As ebay transitions how its revenues are generated it might be a rocky road for awhile...
10-15-2018 03:32 PM
10-15-2018 04:23 PM
And I believe Ebay has already said that they do not expect a great 4th quarter.
10-15-2018 04:42 PM
Fwiw, I do think the stock price matters to sellers. Last week the rumor mill had Carl Icahn coming back buying shares for a second go around with ebay. If true there's list of things he wants sold or spun off (see Paypal) and that will likely have a direct impact on sellers.
10-15-2018 04:50 PM - edited 10-15-2018 04:52 PM
eBay already spun off PayPal into an independent company in 2015. This year, eBay started testing a new payment processor and will no longer use PayPal as its primary processing partner after 2021.
Or maybe I misunderstood your post? If so, sorry!
10-15-2018 06:24 PM
@div_style wrote:EBay's stock price woes impose no burden on this seller. I suppose if a seller has invested in eBay stock that would be different. But I think the vast majority of us here own no eBay stock, so we have no concern about it's price.
EBay may consider possible new revenue streams that could negatively impact sellers & buyers, to enhance it's profitibily.
EBay may also cutback or reduce some services, promotions, etc., to reduce expenses.
10-15-2018 06:38 PM
@2013fitzp wrote:What do you think the numbers will be and if still trading low, will sellers continue to bear the burden?
That depends upon what numbers you are referring to when you say "the numbers".
My guess is that gross merchandise volume will be up slightly over the same period last year, which has been the case every quarter for about five years now.
Earnings per share will be around 0.53, in line with past few quarters.
10-15-2018 11:50 PM
Funny thing is, hasn't ebay always shown a profit? Unlike some other company.
Silly stock people, just a game for rich guys.
10-16-2018 07:18 AM
@ed8108 wrote:EBay may consider possible new revenue streams that could negatively impact sellers & buyers, to enhance it's profitibily.
er, um, ah..... Don't you suppose that is the driving force behind the new "managed payments" experience?
Oh sure, it is sold as the greatest thing since sliced bread for sellers and buyers but the real driver has to be profits. So either they get some benefit from Ayden, have plans to buy Ayden for its profits or something else the increases revenues.
I suspect it has something to do with ending "collections" by insuring ebay gets its money first, BWDIK?
10-17-2018 03:06 PM - edited 10-17-2018 03:07 PM
They pushed the date back until Oct. 30th. Interesting.
10-17-2018 03:20 PM
@hioctane62 wrote:They pushed the date back until Oct. 30th. Interesting.
They can only sweep the bad news under the rug for so long.
10-17-2018 04:50 PM