Seeking Alpha

Seeker137

Seeker137
Send Message
View as an RSS Feed
View Seeker137's Comments BY TICKER:
Latest  |  Highest rated
  • Is eBay A Reliable Investment? [View article]
    The path of destruction wrought by CEO John Donahoe resulted in the unfair suspensions of tens of thousands of small ebay sellers, the core user base who WERE also buyers before being unfairly purged. As he takes over as new CEO of eBay, will Devin Wenig correct this? Ebay has an algorithm that specifically targets small sellers who get a low DSR rating (a 1 or a 2 rating on a 5-star grading system whereby a buyer grades a seller). One or two low ratings trigger the algorithm to slap 21-day holds on the seller's PayPal funds, limit the number of items they can list and sell, and place them on Guardrail or Quick Decline and trending which basically targets them for suspension/elimination from eBay. All of this is covered in a new eBook just released on Amazon, NOISE: The Decline and Fall of Ebay.
    Jul 17, 2015. 12:10 PM | 1 Like Like |Link to Comment
  • eBay: Calm Before The Split [View article]
    In a C/Net article today, finally, somebody gets it: http://cnet.co/1V3gOm9
    Jul 15, 2015. 10:59 AM | Likes Like |Link to Comment
  • Hedging A PayPal Spin-Off Arbitrage Investment Strategy [View article]
    benzin, because to a very large degree there are ways in which the movement of stock prices upward and downward are artificially manipulated b y those who know how and are in a position to do so. Happens all the time. A certain rumor or article or group of articles is released at a specific time to trigger a desired "response" (which they usually do) and the savvy investors make their moves in relation to the expected (and created) response. This is especially true of shorts. Those who don't know what they are doing and do not understand how all of this work are the pawns who "react" the way those who planted the rumor or stories wanted them to react.
    Jul 10, 2015. 08:26 AM | Likes Like |Link to Comment
  • Hedging A PayPal Spin-Off Arbitrage Investment Strategy [View article]
    The events started by Carl Icahn which led up to the spin-off of PayPal from Ebay are touched upon in my Kindle eBook on Amazon, NOISE: The Decline and Fall of Ebay, An American Economic Juggernaut.
    Jul 7, 2015. 07:29 PM | Likes Like |Link to Comment
  • eBay And PayPal Split: Stock Action [View article]
    Adam Klein is one of the few (almost the only) financial writer who seems to have an accurate knowledge of some of the REAL behind-the-scenes activities INSIDE corporate eBay. Most of the other articles I've read on Seeking Alpha concerning eBay and/or PayPal in the past two years were written with naivete and rose-tinted glasses that were based on not being in touch with what was actually going on at eBay and relying way too heavily on the padded propaganda provided by eBay.
    Jul 1, 2015. 03:10 PM | Likes Like |Link to Comment
  • eBay/PayPal split set to occur in July [View news story]
    It's very important for the astute investor to take a very close look at exactly what Icahn did with eBay. He bought a large stake early last year and immediately pointed out eBay's "asleep at the wheel" and "willfully negligent" corporate governance (which he called out publically, as well as demanding the spin-off of PayPal). Then when eBay stock dropped what did he do? Like a smart investor (keep in mind that the character Gordon Gecko played by Michael Douglas in WALL STREET was based in Icahn), Icahn bought up even more eBay stock. Then after meeting fierce resistance to his spin-off demands for PayPal initially, he succeeded in forcing the removal of that idiot John Donahoe from the CEO position at eBay, got his own man on the board, and then succeeded in getting eBay to spin-off PayPal anyway. And now Icahn is in for the HUGE PROFITS after the IPO of PayPal, knowing full-well that the show is over for eBay itself.
    Jun 27, 2015. 06:51 PM | 1 Like Like |Link to Comment
  • Should You Follow Icahn Out Of Netflix? [View article]
    Take a close look at what Icahn did with eBay. He bought a large stake early last year and immediately pinpointed eBay's "asleep at the wheel" and "willfully negligent" corporate governance (which he called out publically, as well as demanding the spin-off of PayPal). So eBay stock drops and what does he do? Like a smart investor (keep in mind that the character Gordon Gecko played by Michael Douglas in WALL STREET was based in Icahn), Icahn buys up even more eBay stock. Then after meeting fierce resistance to his spin-off demands for PayPal initially, he succeeds in forcing the removal of that idiot John Donahoe from the CEO position at eBay, gets his own man on the board, and then succeeds in getting eBay to spin-off PayPal anyway. And Icahn is in for the HUGE PROFITS after the IPO of PayPal, knowing full-well that the show is over for eBay itself.
    Jun 27, 2015. 12:35 PM | 6 Likes Like |Link to Comment
  • Should You Follow Icahn Out Of Netflix? [View article]
    Long Term Bio, agree completely. Icahn simply took his nice profit on this one. Streaming of content will only increase and expand with a new generation every couple of years with new handheld devices and new flatscreens, etc. entering the Netflix marketplace as new subscribers/consumers.
    Jun 27, 2015. 10:46 AM | 2 Likes Like |Link to Comment
  • Is It A Good Time To Invest In eBay? [View article]
    The avalanche of bad publicity of late has not only tarnished eBay's brand, but things like that 1+ hour outage "hack" are scaring the buyers away. Then of course there are the eye-opening, scathing eBooks out now such as Noise: The Decline and Fall of Ebay (a Kindle eBook on Amazon) which detail the dark side of eBay.
    Jun 20, 2015. 09:17 AM | 2 Likes Like |Link to Comment
  • Is It A Good Time To Invest In eBay? [View article]
    Ed, the "pump and dump" eBay insiders and the predatory vulture capitalist investors could care less about the small mom and pop sellers who built eBay. They are considered expendable human fodder.
    Jun 18, 2015. 01:40 PM | 3 Likes Like |Link to Comment
  • Bloomberg: eBay hoping to sell Enterprise unit before split [View news story]
    There are a number of important larger issues that have been raised by many of the actions, policies (and their cumulative overall impact) of eBay in recent years. 1) For whatever reasons, the current Administration has turned its head the other way while China is permitted to undermine the American economy by flooding eBay with cheaply produced items made with virtual slave labor at sweat factories (a violation of international law and Geneva Convention regulations) 2) Ordinary hard-working American "small sellers" have been penalized, punished, suspended, and suffered extreme economic devastation as the result of eBay policies which target them BUT WHICH ARE NOT APPLIED TO THE CHINESE SELLERS OR TO THE BIG BOX RETAILERS 3) Mainstream media has for years now (at least until some of the financial writers last week began discussing certain aspects of eBay malfeasance) failed to report these issues and taken little if any interest in doing an investigative journalistic inquiry into these issues at eBay 4) The conclusion that one reaches is that a multi-billion dollar corporation can apparently make its own rules, thumb its nose at government agencies and authorities, and run roughshod over the rights of ordinary Americans who engaged in using it as a platform to buy or sell.
    As Former Ebay Insider (a former eBay employee HIGH UP in the company) pointed out to me over a year ago, a corporate climate has been allowed to evolve over time that allows and enables corporations such as eBay to engage in the atrocities in which they engage. As long as predatory vulture capitalism dominates corporate mentality and pursuit of profit- and as long as investors are interested only in the corporations making them money and not interested in HOW it is done (i.e. investors having no social conscience and by extension the corporations have none either), then the types of things we have seen occur at eBay the past few years can occur in other corporations as well. Think BERNIE MADOFF...
    Jun 16, 2015. 06:44 PM | 3 Likes Like |Link to Comment
  • Netflix lower with Alibaba shadow in China a factor [View news story]
    Jack Ma has a distinct advantage in that he knows and understands the "censorship" mentality of China's government and enjoys a good working relationship with them. The content that is streamed will be tailored to appease them, something Netflix would face much greater difficulty understanding or doing.
    Jun 15, 2015. 02:33 PM | Likes Like |Link to Comment
  • Officials question eBay, PayPal on revised user agreements [View news story]
    YoYoma, so I guess that also means that eBay has reinstated those tens of thousands of small sellers that they wrongfully purged????
    Jun 12, 2015. 01:12 AM | 2 Likes Like |Link to Comment
  • Officials question eBay, PayPal on revised user agreements [View news story]
    MNSW, somebody has to champion the tens of thousands of sellers who had the rug unfairly pulled out from under them by egregious policies and actions by eBay. These were, in thousands of cases, good, decent, honest small mom and pop sellers who were unfairly and unjustly eliminated. This has become a movement now, more than 3,000 strong, involving the organized spreading of factual revelations about eBay malfeasance through blogs, social media, my eBook, radio shows, and any and all other available means (including contacting mainstream media). Does it bother you that the show is just getting started? There's much, much more to come...
    Jun 11, 2015. 09:24 PM | 4 Likes Like |Link to Comment
  • eBay: Thoughts From The Investor Day [View article]
    Again I find it very interesting that all of the sudden now, right before the split, various financial writers are "noticing" and writing about what I've been saying for two years now in my two former eBay sellers groups on Facebook. Prior to last week with Adam Klein's article "Ebay Is Injured...Somehow" (which was the first of now about 5 very good articles about what's going on inside eBay), there was virtual silence on these issues as far as the financial writers go. One wonders 'WHY'?
    Jun 11, 2015. 03:45 PM | 3 Likes Like |Link to Comment
COMMENTS STATS
393 Comments
382 Likes