Why eBay Is Tumbling: What's Wall Street Saying

There are 4 comments on the TheStreet.com story from Apr 30, 2014, titled Why eBay Is Tumbling: What's Wall Street Saying. In it, TheStreet.com reports that:

EBay said that the money could be used to help the San Jose, Calif.-based company's "financial flexibility," as it looks to invest in its business, particularly PayPal or possible acquisitions.

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Since: Nov 13

Sydney, Australia

#1 May 1, 2014
"... What's Wall Street Saying[?]"

And what does the "smart money" on Wall Street think about eBay? Well, in August 2007, prior to the GFC, when the "Pain From Bain" was already effectively in control of eBay, the share prices of eBay and Amazon were both ~$40; with eBay recently ~$52 and Amazon ~$299, clearly, Wall Street still considers eBay to be a "dog", and Johnny Ho to be a very poor dog handler ...

One has to wonder if Mr Omidyar has ever thought about just how much more fabulously wealthy he might now have been had he not ok'd the handing over of the control of eBay to the delusional, destructive, incompetent, unscrupulous, narcissistic, sociopathic Johnny Ho? Indeed, had he, in August 2007, traded in only the ~108 million eBay shares, that he still holds today, for shares in Amazon, instead of ~$6 billion, his worth would now have been ~$32 billion! Now that, surely, is something for all of eBay's long-suffering "long" investors to think about, is it not?...

eBay Inc, where the incompetent mingle with the malevolent and the criminal … http://bit.ly/11F2eas

Since: Nov 13

Sydney, Australia

#2 May 1, 2014
eBay repatriates $9 billion from who knows where …

Oh, dear me, Johnny Ho is going to have to pay $3 billion in U.S. taxes on the $9 billion he wants to repatriate from some dinky Caribbean island or, more probably, Ireland. The Ho will only have $6 billion left to waste on more non-profitable acquisitions …

Undoubtedly, the only reason eBay is repatriating these funds is most likely because they need the money. Regardless, want to bet that the long-suffering eBay shareholders will still see none of these “profits”?

Still, it’s about time eBay contributed to some of that enormous U.S. defence expenditure; although, no doubt, eBay’s narcissistic Johnny Ho would not be able to comprehend any reason why the U.S. middle class, and not eBay, should continue to shoulder that burden in toto ...

And what does the "smart money" on Wall Street think about eBay? Well, in August 2007, prior to the GFC, when the "Pain From Bain" was already effectively in control of eBay, the share prices of eBay and Amazon were both ~$40; with eBay recently ~$52 and Amazon ~$299, clearly, Wall Street still considers eBay to be a "dog", and Johnny Ho to be a very poor dog handler ...

One has to wonder if Mr Omidyar has ever thought about just how much more fabulously wealthy he might now have been had he not ok'd the handing over of the control of eBay to the delusional, destructive, incompetent, unscrupulous, narcissistic, sociopathic Johnny Ho? Indeed, had he, in August 2007, traded in just the remaining ~108 million eBay shares, that he still holds today, for shares in Amazon, instead of ~$6 billion, his worth would now have been ~$32 billion! Now that, surely, is something for all of eBay's long-suffering "long" investors to think about, is it not?...

Regardless, under no circumstances will any of this money be used to pay a cash dividend to eBay’s long-suffering "long" shareholders, and is it then any wonder that eBay's share price is continuing to fall ...

Ho, Ho, Ho, it really is long past time for you to go ...

eBay Inc, where the incompetent mingle with the malevolent and the criminal ... http://bit.ly/11F2eas
OnlineSeller

United States

#3 Jun 30, 2014

Since: Nov 13

Sydney, Australia

#4 Jun 30, 2014
Notwithstanding that the eBay Dept of Spin likes to claim a “400% increase” in eBay’s stock price since the 2008–2012 global recession, the fact is, in August 2007, immediately prior to the start of the GFC, when the "Pain From Bain", Johnny Ho, was already effectively in control of eBay, the share prices of eBay and Amazon were both ~$40; with eBay recently <$50 and Amazon >$300, clearly, the “smart money” on Wall Street recognises eBay to be a "dog", and Johnny Ho to be a very poor dog handler; relatively speaking, eBay’s “long” stockholders have been going backwards ever since Johnny Ho took the helm ... http://bit.ly/11F2eas

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