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  • Tuesday Options Update: EBAY, SBUX, GE & AMAG [View article]
    My previous post has been subjected to merciless bombardment, some justified, some not.

    Maybe I am blinded by what I see before me as a huge profit-making machine - in spite of the misguided efforts of the new ringmaster. In spite of him, and in spite of all the walking wounded (past participants who feel put out or put upon or whatever), Ebay remains a profit-making phenom.

    Do youself another favor and check out the reality of this:

    finance.yahoo.com/q/is...;ann… (Take special not of the non-recurring expense of last year’s earnings. Imagine 2008 without it, and go figure.

    Thank you for your kind attention. Bon chance, and

    CHOMPS

    ^__^

    ..
    Dec 27 17:07 pm |Rating: 0 -2 |Link to Comment
  • Tuesday Options Update: EBAY, SBUX, GE & AMAG [View article]
    RE: EBAY

    All this half-empty blather make this old coyote want to lose his lunch. Are these people really that unaware? Or are they just died-in-the-wool naysayers? Or do they see profit in driving the stock price lower?

    Do yourself a favor and take the time to look at the half-full of Ebay. Think about:

    ...Online auctions in a recession.

    ...People pulling things out of their closets, basement to attic, jewelry cases - and trading collectibles.

    ...People who want (or need) to cash in unwanted Christmas gifts. Ebay is the largest online "Let's make a deal" there is. And it's happening as we speak.

    ...With all with Video Doctor pulling a growing market of needy people into the largest sales opportunity available today. ...The online marketplace.

    Many sellers would give up 33.33% if they have to - and call it fair!

    ...Recent reports bashing Ebay are highly suspect of manipulative intent. It's either that ...or unbridled ignorance. The Ebay business model grows a marketplace of online collectors, trading in the world’s largest "Let's make a deal." This marketplace will never go away. It favors retirees as well as the recently unemployed. It is poised for exponential growth. And it will never go away. In my book, long-term, that makes Ebay a safe-haven stock, as well as a growth opportunity (@ 9/1 PE!).

    ...Like any hugely profitable and successful company (and this one must deal with both sides of buyer and seller) they have a darkside. On the bright side we will soon see Ebay surging ahead on a recession-fueled relaunch of its core business, to a new plateau higher than before - with PayPal and Skype sweetening the ride.

    Ebay is a recession-driven business in a growing market. Will Ebay management not realize the ride they are on? It doesn't matter. The outcome is $eriou$ $$$$, with the price soon closer to $31 than $13.

    And all the bashing or pumping in the world will not change it.

    That's all I know; and some I made up. Get long or get wrong.

    CHOMPS

    ^__^

    ..
    Dec 26 15:22 pm |Rating: 0 -3 |Link to Comment
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