The Truth and only the Truth about Ebay

EBAY

Ebay is ridicuously undervalued

There is no reason why Ebay shouldn't be trading at $50 per share with properties such as Skype, Paypal, Stubhub, Shopping.com, Rent.com, Kijiji etc which are growing.
This is just pure market manipulation. Everyone states that Ebay overpaid for Skype, however at least it is growing, for comparison look at Bank of America's huge billion dollar investment in Countrywide when Countrywide was trading at $20 per share. Countrywide is know at $5 per share. Look at Microsoft's recent investments. I guarantee you that if Ebay was to sell Skype to Google all of the analysts will be shouting to the rafters "What an Acquistion" "Google finds Gold Mine in Skype" It seems that no matter what Ebay does "Beat earnings time and time and time again that the Street dislikes the company. Is the reason that the street dislikes the company so very much is that a woman is in charge? One has to wonder what Ebay has to do to be at this level. I say just laugh at the idiots on the Street and load up at these bargain basement prices.

No comments: