10-24-2018 11:58 AM
ouch~! buyers are being shut out, big loss in market cap, down to $27 billion and change. what's the future hold for ebay?
10-24-2018 01:10 PM - edited 10-24-2018 01:10 PM
@art_primo wrote:what's the future hold for ebay?
That's a fairly broad question.
Tomorrow, it will not be much different than it is today.
In a few centuries, it will probably be buried by sand in a post-apocalyptic wasteland.
10-26-2018 02:31 PM
10-26-2018 02:45 PM
They picked the World Up & dropped it on eBay's head. GS doing God's Work.
10-26-2018 02:45 PM
If it hits $26.00 to $26.50 the institiutional investors will begin pulling the plug and it won't stop until it hits $15.00. They should have taken their lumps last week and released their Q3 results postponing them until the 30th might be just enough to get the death slide started....
10-26-2018 03:25 PM
@bubbleman2010 wrote:postponing them until the 30th might be just enough to get the death slide started....
Or, their Q3 results will be a big yawn and pretty much what analysts expect.
https://finance.yahoo.com/news/ebay-ebay-gears-q3-earnings-153603976.html
10-26-2018 03:28 PM
I moved my ebay eggs over to paypals basket they have the infrastructure the manpower the name brand recognition and the working capital at the end of their agreement with ebay to open up their own online site and it will be ghosttown USA here.... Thats wearing my future investment hat...
10-26-2018 03:29 PM
Most people dropped today. It will come back-it usually does.
10-26-2018 03:44 PM
Amazon isn't doing great either.
10-26-2018 04:04 PM
Friday October 26th, 7pm est
ebay stock 27.34
amazon stock 1642.81
10-26-2018 04:08 PM - edited 10-26-2018 04:11 PM
Share price alone is meaningless. There are so many factors that go into whether a stock is a good buy or not. Share price alone means nothing. You have to add in things like number of shares, capitalization, ROI etc for it to be meaningful.
iIt’s like saying I’m going to give you a piece of pie for $5. Ok. Whether or not that’s a good thing depends on how big the piece of pie is and what kind of pie. Do you even like pie?