2014 Small And Mid Cap High Conviction Shorts
This article is a follow up to my previous article entitled " 2014 Small And Mid Cap High Conviction Buys ".
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Since: Nov 13
#1 Jan 12, 2014
Did someone mention eBay?
The ugly reality of eBay Inc.:
eBay's crooked auctions marketplace ... http://bit.ly/11F2eas
eBay Motors: Auction Fraud Galore … http://bit.ly/I2gTEU
eBay's clunky, unscrupulous "PreyPal" ... http://bit.ly/UVXx53
The ongoing joke of eBay Inc.... http://bit.ly/YvxFEg
Fun quotes from the eBay executive suite ... http://bit.ly/12xvzyA
Shill bidding fraud by professional sellers on eBay nominal-start auctions is demonstrably endemic; many of the bidders who bid early and often on such auctions are most likely the sellers' shills, and eBay Inc. is—also demonstrably—the greatest knowing and calculated facilitator of such fraud on consumers that the world is ever likely to know and, doubtless, there will be a trickle down effect of like criminal activity to other eBay operations ...
The only thing that surprises me about this criminal enterprise is that it has not yet summoned up the gall to convert its auctions wholly to the “private listing” format, or the bidder IDs to “Bidder 1”,“Bidder 2”,“Bidder 3”,…, as they initially were going to do when John Donahoe first introduced the additional layer of anonymity for (shill) bidders in 2008, nor, just as surprisingly, have they yet ceased to publish the details of "completed" listings of which a post-sale analysis can, with some effort, demonstrate a great deal of blatantly obvious shill bidding fraud ...
And what does the "smart money" on Wall Street think about eBay Inc? Well, in August 2007, when Bain’s Johnny Ho was already effectively in control of eBay, the share prices of both eBay and Amazon were ~$40; today, eBay is ~$52; Amazon is ~$401 ... Now, seriously, what more can be said, other than ...
eBay / PayPal / Donahoe: Dead Men Walking ...
I also have to wonder if Pierre 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 incompetent, destructive, unscrupulous, narcissistic sociopath—Johnny Ho?
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