Ebay was once a big deal , they’re not anymore I’d expect them to be somewhat steady.If the market bolds well.Paypal from what I have read seems to big deal perhaps you should follow them too.
A year from now I don’t think they’ll fall below 10, but if they do eh be careful. If they get close buy up and sell at their next peak and be done with them. They don’t seem good long term.
A little research does not hurt.
Source: http://www.bloggingstocks.com/2010/04/09/ebay-takes-a-dip/
“The only thing keeping eBay afloat is PayPal, but when “the banks” eventually get off their butts—as they surely must—and introduce a like card/terminal-less payments system to complement their card payments system, the clunky, dysfunctional, PayPal will sink line a stone!
eBay, never being any more than a house of cards, will complete its slow slide into the abyss shortly thereafter as the headless turkey currently in control completes his decimating of the site as an effective marketplace.
If you don’t understand any of that take a look at even eBay’s own user forums: never have two organizations been so despised by so many of their consumers; more so even than the gouging banks, I suspect.
And for those of you with a little time to spare I have documented many of eBay’s and PayPal’s unscrupulous activities towards their consumers at
http://www.auctionbytes.com/forum/phpBB/viewtopic.php?p=6502877
Frankly, I would not touch eBay stock even at $5, and I am still trying to figure out how their stock price ever recovered from the low of $11 that it was in 2008. I also keep wondering when eBay is going to pay stockholders a dividend out of all that cash they supposedly have stashed away overseas. Or has this whole business now developed into a short-term “pump and dump” exercise for the benefit of the options-holding executives? And a not very good one at that.”