Ebay stock, going up or down?

I’ll take a shot, in exactly one year to this day, it will be 23.17. In one year I will come back to this question & if I was right on, you owe me a pizza. :)

I’d say it certainly spikes after Thanksgiving.

Based on my own personal interaction with the site, I’d bet it’s going down or flat-lining. Too many “stores” on there, not enough individuals.

@lilikoi
The stores guarantee a projected number though which is very attractive to stockholders. They like companies like Staples and Best Buy which are predictable so that’s not necessarily a bad thing. Personally, I like the open air market, but as I get on in years as a seller, I’m also attracted by the “sure thing”.

Ebay was once a big deal , they’re not anymore I’d expect them to be somewhat steady.If the market bolds well.Paypal from what I have read seems to big deal perhaps you should follow them too.

A year from now I don’t think they’ll fall below 10, but if they do eh be careful. If they get close buy up and sell at their next peak and be done with them. They don’t seem good long term.

A little research does not hurt.
Source: http://www.bloggingstocks.com/2010/04/09/ebay-takes-a-dip/

“The only thing keeping eBay afloat is PayPal, but when “the banks” eventually get off their butts—as they surely must—and introduce a like card/terminal-less payments system to complement their card payments system, the clunky, dysfunctional, PayPal will sink line a stone!

eBay, never being any more than a house of cards, will complete its slow slide into the abyss shortly thereafter as the headless turkey currently in control completes his decimating of the site as an effective marketplace.

If you don’t understand any of that take a look at even eBay’s own user forums: never have two organizations been so despised by so many of their consumers; more so even than the gouging banks, I suspect.

And for those of you with a little time to spare I have documented many of eBay’s and PayPal’s unscrupulous activities towards their consumers at
http://www.auctionbytes.com/forum/phpBB/viewtopic.php?p=6502877

Frankly, I would not touch eBay stock even at $5, and I am still trying to figure out how their stock price ever recovered from the low of $11 that it was in 2008. I also keep wondering when eBay is going to pay stockholders a dividend out of all that cash they supposedly have stashed away overseas. Or has this whole business now developed into a short-term “pump and dump” exercise for the benefit of the options-holding executives? And a not very good one at that.”

I agree with @lilikoi Ebay is no longer the go to place for the people’s yard sale – it’s all stores now, either professionals or worse, amateurs. I see it failing in the next few years.

I agree with previous posts regarding the changing business model. Take a look at what amazon is doing with provide a marketplace for small businesses and decide who does it better. My guess would be amzn.

@Steve_A
I’m guessing you work for some competition.

To all: eBay consistently does billions in sales by simply taking a cut of every product known to man and they increase their holiday numbers every year. I don’t speculate on stock prices because I’m not a speculator but I can tell you that they’re not going anywhere. Their business model is ideal: assume very little risk and take a percentage of every transaction. It’s foolproof. Furthermore they have items in addition to new stuff, that can’t be found anywhere else.
Find one of these on Amazon
or this
or this
or this How sweet is that car?
or even this
I think with items like these, plus brand new items, plus every payment passed through Paypal and millions of auctions every day they’re doing just fine.

In a year from now Ebay stock will be higher:

Today’s (08/26/2010) Close Price $22.73

One Year From Today Target Price $23.33 +$.60 (+2.64%)

…Because of earnings projections.