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Philip Cohen

Philip Cohen
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  • Go Against The Grain On Hewlett-Packard [View article]
    "If you enjoy hot air and lost-shot hopes ..."

    Gee, I thought for a moment you were trying to pump hot air into eBay, again ...

    But, Donahoe's still offloading his eBay bonus stock ...

    Any chance Whitman will entice Donahoe to leave eBay and join her at HP?

    “Shill Bidding Fraud on eBay: Case Study #5”
    http://bit.ly/N1nTlc

    eBay / PayPal / Donahoe: Dead Men Walking
    Sep 6 07:40 AM | Likes Like |Link to Comment
  • PayPal In Retail Stores Will Shoot eBay Higher [View article]
    The reality of clunky PayPal, et al ...
    http://bit.ly/NFqjmp
    Sep 2 03:27 PM | Likes Like |Link to Comment
  • 3 Big Buys By Billionaire Stephen Mandel [View article]
    Sorry, I should have referred to my linked case study by its long title:

    “eBay's Calculated and Knowing Facilitation of Shill Bidding Fraud on eBay Auctions: Case Study #5”
    http://bit.ly/N1nTlc
    Sep 2 05:07 AM | Likes Like |Link to Comment
  • 3 Big Buys By Billionaire Stephen Mandel [View article]
    "Paypal is a becoming an increasingly important intermediary for online transactions." ...

    In your dreams ... and meanwhile, the reality of PayPal's situation ...
    http://bit.ly/NFqjmp

    "EBAY has the capability and the network resources to bridge the market to the customers." ...

    And eBay calculatedly and knowingly facilitates massive shill bidding wire fraud on its consumers ...

    “Shill Bidding Fraud on eBay: Case Study #5”
    http://bit.ly/N1nTlc

    "... eBay trades at a less than fair value."

    And do you have any idea why eBay is so "undervalued"? It's because there are some on Wall Street that recognise that eBay is a “house of cards” and that the people running eBay are a bunch of criminals that should, if there is any justice in the US, finish up before the courts for criminal facilitation of massive wire fraud one day ... there is absolutely nothing "astute" about these most unscrupulous people ...

    eBay / PayPal / Donahoe: Dead Men Walking
    Sep 1 01:42 PM | Likes Like |Link to Comment
  • Should VeriFone Investors Be Afraid Of Square? [View article]
    "Should VeriFone Investors Be Afraid Of Square?"

    No. I can't even imagine why the Square deal with Starbucks ever had any effect on VeriFone's stock price—the stock market speculators are such sheep ...

    "The fact that this technology is getting some exposure from a retailer like Starbucks is validation that there is a continued shift towards a new type of transaction that will include the mobile phone."

    This statement makes no sense. In the case of Square it is the merchant using the mobile phone, not the consumer! Square is a "card" processor; consumers' "mobiles" need not apply!

    Agreed, "no new transactions will be created from this shift in payments therefore no "new revenue" will be created for the processors in this shift."

    So, should all these pretenders to the throne of payments processing be afraid of anyone? Yes, most certainly still, the two gorillas already in the room, Visa and MasterCard.

    Ultimately and undoubtedly, the "clear winner" will again be the retail banks and Visa/MasterCard ...

    And, just for fun, the reality of the clunky PayPal, et al ...
    http://bit.ly/NFqjmp

    eBay / PayPal / Donahoe: Dead Men Walking
    Aug 31 04:17 PM | Likes Like |Link to Comment
  • 5 Silicon Valley Standouts Making Big Moves: The Good, The Bad And The Ugly [View article]
    And, conversely, the reality of PayPal ...
    http://bit.ly/NFqjmp

    ENJOY !!!
    Aug 30 09:33 PM | Likes Like |Link to Comment
  • Discover: Profit From This Hidden Value Play Now [View article]
    "Only about 95% of the retailers that accept MasterCard and Visa take payment via Discover."

    If only that was the case, Discover would be very happy, I suspect; I think the author meant to say "Only 5% ...".

    Visa/MasterCard have ~90% of the market; Discover + DinersClub has <2% ...

    The reality of Discover+PayPal (aka PreyPal) ... http://bit.ly/NFqjmp
    Aug 30 08:47 PM | Likes Like |Link to Comment
  • 5 Silicon Valley Standouts Making Big Moves: The Good, The Bad And The Ugly [View article]
    PayPal, like Square, is a middleman that in the main rides, precariously, on the backs of the existing payments processing systems of the retail banks' and Visa / Mastercard via a credit card merchant account with there own retail banker. Square at least has a practical use for merchants away from B&M (and that’s undoubtedly why Visa has taken a stake in Square), but I can see no advantage for other than the smallest of merchants in the use of Square at a fixed physical point of sale ...

    The clunky PreyPal having any real chance of continuing success at physical point of sale, mobile or otherwise, is a possibility that exists only in the fevered hallucinations of eBay’s destructive chief headless turkey, John Donahoe …

    And, if you don’t believe me, next time you visit Home Depot, ask a cashier how well PreyPal is going there … LOL.

    Consumer’s bank > Visa/Mastercard > Merchant’s bank …

    There is a payer’s bank and a payee’s bank at either end of each transaction. Why would any merchant, particularly at a B&M physical point of sale, want to add to the mix, the utterly clunky layer of PreyPal?

    PreyPal is invariably licensed only as a “money transmitter” (like Western Union) but acts like a bank—a faux bank: no banking licence; no prudential regulation; users’ funds not covered by FDIC insurance; effectively no customer support; its transaction mediation is effectively non existent and hard-wired, either way, to best suit PreyPal’s interests; arbitrary holds on payee’s funds; no formal partnership with the real retail banks, as have Visa/MasterCard; no dynamic linking to payers’ banking accounts (how does PreyPal approve transactions? By tossing a coin?); and who bears the risk/cost of fraud? The consumer or merchant, of course …

    Clunk, clunk, clunk …
    Aug 27 07:28 AM | Likes Like |Link to Comment
  • PayPal In Retail Stores Will Shoot eBay Higher [View article]
    I'm quite happy to have readers peruse the facts that I have presented in my linked article and have them form their own opinions as to whether or not eBay is in effect a criminal organisation: a calculated and knowing facilitator of massive shill bidding wire fraud on consumers the world over ...

    eBay / PayPal / Donahoe: Dead Men Walking
    Aug 26 08:04 PM | Likes Like |Link to Comment
  • eBay Is On Fire [View article]
    But still you refuse to offer an opinion on whether or not the facts I have presented show eBay to be a calculated and knowing facilitator of massive wire fraud on its consumers ...

    But you are right about one thing, others will decide if I am a "moron" or a "loon"; they will also decide, given your refusal to offer an opinion on the allegations of eBay's alleged criminal activities, whether or not you are a truly independent analyst ...
    Aug 25 06:22 PM | Likes Like |Link to Comment
  • Cramer's Lightning Round - Follow Carl Icahn Into The Forest (8/23/12) [View article]
    Hey Autonomous we agree on Cramer too ... but he has recommended eBay ...
    Aug 25 07:33 AM | Likes Like |Link to Comment
  • eBay Is On Fire [View article]
    Ah Bret, so, amongst other things, I am a moron now. But you, being an intellectual, and supposedly an independent analyst, believe that investors are all like you and are not concerned about the blatant criminal activities of the entities in which they may invest and which ultimately may negatively affect the value of their investment?

    Frankly, I don’t doubt that you have perused the facts of the particular matter but, as there is no response that you could possibly make that could put eBay in a positive light, you simply refuse to comment thereon, which, of course, is the only logical path you could take because, had you stated that you could not see the blatant criminal activity, all those “sighted” persons who have perused the facts, and can see the very obvious criminal activity, would then have known that you are indeed, or most probably are, an eBay shill …

    Indeed, you being so smart and having painted yourself into that corner, others may form that same conclusion from your ongoing refusal to comment one way or the other on eBay’s blatant criminal activities …

    Gee, it might have been better had you simply invoked the Fifth Amendment, on eBay’s behalf, in the first place …
    Aug 24 10:47 PM | Likes Like |Link to Comment
  • eBay Is On Fire [View article]
    I really don’t understand why you are so antagonistic towards me; all I have done is present some facts that demonstrate that there is massive wire fraud by many “professional” sellers on eBay auctions and, more importantly, I demonstrate that eBay is effectively complicit in such fraud. What is the problem with me presenting such facts, even facts that you claim to have never looked at and, apparently, are not prepared to offer an opinion on?

    Bret, you can continue to denigrate me personally as much as you like. For my part, I accept your integrity and would simply very much like to hear your independent and honest opinion on the particular facts that I have presented of eBay’s alleged criminal activities. You could so easily lay this matter to rest by offering your honest opinion on the detailed allegations—your previous general statement of an acceptance of “some fraud” on eBay is a little too vague ...

    I truly would appreciate hearing your opinion as to whether or not you can see any indication of rampant shill bidding on eDropOff’s auctions, whether or not there is any indication of a commercial shill bidding operation involved, and whether or not, in the circumstances, eBay can but be aware of these criminal activities.

    Come on Bret, offer an opinion on the specifics; I’m sure that all the investors reading this article and who have or are considering an investment in eBay, would be most appreciative of your honest, independent, opinion on the specifics of this allegation of eBay’s knowing facilitation of such massive wire fraud, the details of which may be found at …

    “Shill Bidding Fraud on eBay: Case Study #5”
    http://bit.ly/N1nTlc
    Aug 24 06:52 PM | Likes Like |Link to Comment
  • eBay Is On Fire [View article]
    But Bret, how can I convince you that my allegations of conspiracy to defraud by eBay have any basis if you won’t take a few minutes to peruse the facts that I have submitted?

    Are you really asking us to believe that you have not had even a little peek at those facts? Maybe you have had a little peek, and that is the reason you don't want to offer an opinion thereon?

    Oh, go on Bret, be daring, if you have not already, do take a peek at the facts I have presented and then tell us all that you too can see no indication of any shill bidding on eDropOff's auctions, nor any sign of a commercial shill bidding ring in operation, nor any ongoing aiding and abetting of such fraud by eBay ...

    Go one, Bret, I dare you, waste a few minutes and take a peek ...
    Aug 23 11:22 PM | Likes Like |Link to Comment
  • eBay Is On Fire [View article]
    Hmmm, does that mean that you have perused the facts that I have presented, but you simply don't wish to comment further thereon, or that you simply aren't concerned about eBay's blatant, ongoing, criminal activities?

    Come, on Bret, how about a "professional" response, in keeping with your claim to be an independent analyst ... LOL?
    Aug 23 08:58 PM | Likes Like |Link to Comment
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