Mr G

eBay Caps Shipping Rates: What Is the CEO Thinking?

You would have to be nuts to buy Ebay stock. With a P/E of 65, someone thinks Ebay is an up and growing company. Wrong! I used to enjoy selling on Ebay but they are now seller unfriendly and getting more unfriendly in coming months. I had a good run, but now I sell about 10% of previous years. Glad I have a F-T job also. Seriously, consider SELLING Ebay before the crowd wakes up and the stock is selling at the correct multiple 10-20 and the stock is 7.00/share. Don't forget about the great ever increasing dividend of this mature company, OOPS they don't pay one!