Stocks advance to record as jobless claims decline
The Dow Jones Industrial Average gained 122.33 points to 16,479.88, making it 50 times the index has closed at a record high in 2013.
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Since: Nov 13
#1 Dec 27, 2013
All except eBay Inc....
The only measure of a listed companys success is its share price; Johnny Ho is now into the seventh year of his three-year turnaround of eBay; hes expended a whole lot of shareholders funds, and still there is little sign of improvement.
So, what does the smart money on Wall Street think about the progress of Johnny Hos dream of converting eBay into the Westfield Mall of online shopping? Well, in late 2007 both eBays and Amazons stock prices were ~$40; now, with the US stock market at an all time high, eBay is still only ~$54 and Amazon is ~$399. What more telling data does anyone need to know that Johnny Ho has been an unmitigated disaster for all concernedexcept for himself, of course?
Since the Ho arrived on the scene, eBays long-suffering long shareholders have, relatively speaking, been effectively going backwardsat a quite steady rate of knotsnotwithstanding the nonsense that constantly spews from the eBay Dept of Spin
The only people making any money out of eBay are Johnny Ho and the gaggle of like-bodied headless turkeys that he has surrounded himself with, and with whom he apparently spends all day blindly running around in circles in the eBay executive suite, as they dream on about how they are going to re-invent the eBay marketplace as the Westfield Mall of online commerce for every leading retailer, brand and manufacturer across the world Dream on, Johnny Ho
The real question is, just how much longer are eBays major institutional investors going to let the Ho turkey survive with such continuing poor results and increasingly bad consumer responses in the media, about which not even all the hot air generated by the eBay Dept of Spin can counteract?
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 this incompetent, destructive, unscrupulous, narcissistic sociopathJohnny Ho?
Clearly, the message from the smart money on Wall Street is that eBay Inc. is a "dog" and Johnny Ho is an utterly incompetent dog handler ...
eBay / PayPal / Donahoe: Dead Men Walking ... http://bit.ly/11F2eas
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