eBay the Nightmare on Wallstreet, Short the Stock NOW
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Uploaded by stackoutawinner on Sep 9, 2008
Despite being a top-notch Powerseller, sales are at an 8 year low!
It's not just me... FeeBay stock is at a 5 year low and the selling pressure is mounting!
If you own, SELL. If you don't own, SHORT. Lord knows, that's the only way you're going to make any money on FeeBay these days!
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Uploader Comments (stackoutawinner)
Top Comments
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best match is the biggest reason I left the bay oh and PayPal can't forget them
3 years ago 3
Video Responses
All Comments (21)
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Everybody blames John Donahoe for Ebay's problems. I believe it's Pierre Omidyar who runs the company and sets policy.
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Ebay is a disaster. What a shame. It's even worse now than it was a year ago. I just closed my store and quit buying and it is July 31, 2009.
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I LOVE eBay and all the sellers I have dealth with have been amazing from all over the world. Who needs the highstreet :)
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Interesting how Dave turned many of these people against their former friends.
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John Donahoe had brain cancer!
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Many ebayers, even the ones that are still selling on ebay because they have BABIES TO FEED, are also selling on bonanzle, eCrater,onlineauction,atomic mall,etsy,Ioffer and most are with little or NO FEES and PAYPAL not REQUIRED, and with some, you can transfer your feedbacks that took YEARS to build up to these others and still buy/sell on ebay if you MUST!
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Same for me, sales just crashed after best match. But Mr John D'oe knows best... Just look at the Ebay share price -the man is a genius!
John Doe rest in peace.
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I love this video. It rings so true. Ebay no longer has a trusting community, thanks to Donahoe. Buyer's is what ebay is made up of, and those buyers are leaving bogus DSR's which are having a detrimental impact on sales... just read their boards. Sellers are dropping off like flies and ebay thinks that by bringing in "Pay Me Later" is going to help? They need a MANAGEMENT SHUFFLE like they've never had before -and- Donahoe should be the first to go.
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They won't do anything to stop it.Fraud is there business. They just get more creative with ways to find more self serving scams and lies.
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It was a bloodbath for ebay today! HAHAHA!!!
Retards! Serves them right for all the stress & misery they have inflicted on so many people.
J Donahoe better hope & pray his golden parachute is packed well and he does not land in a hostile zone.
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The stock price WAS 23.44 when I made this video.
The price, as of today's closing, is 14.8% LOWER. A pretty good return for a few weeks of shorting. You can thank me later.
For those of you still long, there's still time. The PE on this stock is still FAR TOO HIGH.
stackoutawinner 3 years ago
How can we overcome all this fraud?
umnotwachindis 3 years ago
There's got to be a way to do it, but I'll tell you this, the changes that have been made will NOT stop it and will only perpetuate the problems.
stackoutawinner 3 years ago
Interesting show today on Mad Money about Ebay Stock. I wish I knew more about the market but I could tell he was pretty discusted with Ebay, in general.
CameoCollections 3 years ago
Thanks for posting SC/CC!
The thing about the stock is that it's something that will affect the owners' bottomline, and frankly Cramer is right to put EBAY in the doghouse. My video doesn't even touch on the half of it, but you know all about that!
Let the world know, eBay management is a trainwreck. Smart investors will DUMP this dog now before all this bad news gets out.
stackoutawinner 3 years ago
Thanks for posting this. I don't really follow the stocks too much, but I hear they had a really bad day/week. LOL
Whenever I do visit the eb stock discussion forums, I always see some real creeps over there whom are the spastic, hardcore ebay supporters. (the only ones)
What is the story there do you suppose?
Think they are being paid/compensated by eb PP to post folks' personal info and also stalk & harass everyone with all that BS?
Sure seems sleazy, if not outright illegal to me.
cappnonymous 3 years ago 4
could be employees or just nutjobs that have lost their shirts, or just trolls.
Stock is different from what you and I focus on, but the point is, management has killed the site so bad that this thing MUST drop. It's trading at a premium multiple and needs to trade at a multiple of about half of where it is now.
Keep an eye on the upcoming "catalog" due out before Christmas shopping. If next week doesn't destroy the site completely, the catalog surely will!
stackoutawinner 3 years ago