I think you could say with equal accuracy "Gains were selective, with only 20 of the average's 30 components advancing on the day." Two thirds advancing on a 330 point day might not be selective but it's not widespread either.
New Flyer: Alternative Drive Systems Superstar [View article]
In last November’s investor presentation, when the units appear to have been selling at about current levels, the company said they anticipated using excess cash to repurchase investor units because this could be done at a 17% discount to the market price. Like a callable bond, it’s all in the timing. That and their strike-prone workforce make me back away. Just my opinion - I didn’t spend a lot of time on this one and might be missing something.
In the long run, the change is good for everybody. I’ve been shafted by so called PowerSellers more than once and felt helpless to ding the seller because of the certainty that I’d be dinged in return. As a result most of my buying has migrated to Amazon. EBay will be a busier, better place to do business if sellers feel compelled to describe merchandise accurately, and become more responsive to problems and buyers can count on ratings to mean something.
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