This is a Must Read Ariticle listed 58 minutes ago today
to dump Ebay stocks. Motley Fool is a top web site for stock investors and most of the stockholders who read their advice follow his recommendations. The best way to get at eBay is thru the Stockholders just think if the majority of stock holders dumped eBay in the next week what it would do to the company. Now the stock market knows eBay is going no where. They Also tell of alternative stocks to buy, that they think will go biggger. Please read article at:
http://www.fool.com/investing/general/2008/06/23/throw-this-stock-away.aspx

Here is a link to see how the stock is doing on Ebay.

http://finance.yahoo.com/q?s=EBAY

Here is a chart to show the today's stock activity for ebay.

http://finance.yahoo.com/echarts?s=EBAY#chart1:symbol=ebay;range=1d;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

Thanks for the stock information. Well, it surely isn't going up. I think in time more brokers will recommend selling it, as usually they all follow the same trends. I think what is important is that the boycott that us sellers have done ,is begining to pay off, the stock is down, recommended to sell, the PR on eBay Live showed everyone what Mr. Donahue has done to the company and most newspapers and T.V. stations have picked up on the negative tone of this years event. So the boycott has finally made the whole country and abroad aware of what is happening with ebay. If we had made no noise about it, no one would have noticed, but now more and more of the public eye is watching and waiting what will happen to eBay. So our suffering from not selling our stuff has finally paid off in a big way, of all of sellers sticking togther and not going back to ebay. I do think everyone at PSU should fax Mr. Bill Gates at his own fax number as I did a couple of months ago, and encourage him to buy out ebay. The papers show he has an interest in it and making it fairer for the sellers, lower fees etc. I know lots have people have gone to Goggle and try to get them to buy them out or takeover, but I think Goggle only has one thing in mind and that is to make money. I do not think they would be the ones to give us lower fees, or commisions, but Microsoft already has rumors that it would be fair to the sellers. You get Mr. Gates fax number by calling Microsoft and say you want to fax him. Every fax he gets goes directly to his office or his helpers read them. What do others think of this on PSU?

What is not commonly known is that last Friday 80 large fund managers all sold their eBay stock…sold everything they had?

eBay is very badly hurt…I bet in the next 2 weeks things will be announced as they try??? to stop the rot

Motley Fool: Throw This Stock Away

I've been tossing a few stocks into the trash bin this month. It's not because I'm a meanie. I'm a bull at heart. However, I feel that if I'm holding onto an inferior stock -- with superior alternatives readily available -- I owe it to myself to move on.

So I'm back for another week of cleanup duty. I've got one stock that I suggest you dump, and three potential replacements that I believe will outperform the equity that I'm trashing.

Who to heave this week? Come on down, eBay (Nasdaq: EBAY).

These berries are ripe for the plucking
If verbs were dollars, eBay would be the richest company on the planet.

* My wife told me to eBay my old record collection to make room for her stuff.
* I'll PayPal you the money for my fantasy football league this afternoon.
* Skype Me!

However, things aren't exactly verbalicious in eBay's world these days. Meg Whitman, the charismatic CEO who guided the company through most of its growth spurt, left in April. Power sellers are more restless than usual, as if the wave of boycotts, lackluster growth, and unimpressive turnout at last week's eBay Live annual powwow weren't putting enough weight on the namesake site's shoulders.

I know that eBay is smarting for auction activity when I get not one, but two email coupons this month, offering 10% off on a completed auction purchase if I use PayPal to seal the deal. 10%? Of the purchase going to someone else? As high as the fees on eBay and PayPal may be on the selling side, it appears that eBay is willing to take a hit just to stir up some quarter-end activity. I smell smoke. Do you see the fire?

This has not been a good year for eBay, even though it did bounce back from embarrassing back-to-back, year-over-year declines in listings during last year's second and third quarters.

PayPal is still a star, but if that umbilical cord is still tied to eBay, even the micropayment service may stumble if eBay loses relevance over the next few quarters. Then you have Skype, which is growing quickly. But eBay already had to take a massive impairment hit there, which is bean-counter-speak for "I overpaid for Skype."

Even if eBay is low-balling the analysts when it projects earnings to grow in the single digits this year, the future is clouded with challenges that a maturing company with a growth stock multiple will be hard-pressed to overcome.

Good news
I promised to have three alternates for eBay, and here they are.

* Bidz.com (Nasdaq: BIDZ): As far as stateside auction sites go, Bidz isn't the biggest. It certainly isn't the fanciest. However, it is one of the most exciting (as a simple click to its landing page will find you knee-deep in several auctions that are about to end). By specializing in jewelry, Bidz has built up a niche audience. You see it in the company's growth. Earnings and revenue were up 34% and 39%, respectively, during its most recent quarter, well ahead of where more conventional online jewelers, like Blue Nile (Nasdaq: NILE), landed during the same three months.
* MercadoLibre (Nasdaq: MELI): Just as eBay hit speed bumps last year in the United States and Germany -- its two largest markets -- MercadoLibre was lighting it up in its strongholds of Argentina and Brazil, as it expands throughout Latin America. The growth is impressive. The company posted first-quarter results last month, brandishing a 75% surge in net revenue, with pre-tax profits soaring 163%. The one knock on MercadoLibre after last year's scorching IPO was its valuation, but the stock has shed half of its value since peaking six months ago, despite the stellar growth. Yes, eBay owns a piece of MercadoLibre, but don't you deserve all of the growth?
* Gmarket (Nasdaq: GMKT): South Korea's leading website is smoking eBay in its home country. Now it has its sights set on Japan. As Baidu.com (Nasdaq: BIDU) -- the Chinese search engine giant that recently launched its service in Japan -- is finding out, it's not easy to crack a mature tech-savvy market like Japan. Thankfully, Gmarket is worth buying even if it sticks to South Korea. Earnings and revenue soared 55% and 35%, respectively, this past quarter. The stock is fetching 20 times next year's projected profits, which is a bargain for a high-margin growth stock with room to grow.

Rest of the article here:
http://www.fool.com/investing/general/2008/06/23/throw-this-stock-away.aspx

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I think this is very good advice! When Enron fell, it took a while to reach the $25 dollar a share point. But shortly after that, it dipped right down to $5 overnight and it never recovered.

The ship is going down. No wonder Meg dumped over 23 million dollars worth of shares this month.

Check my posts from months ago - I have been saying this over and over

Some blind purists tried to argue with me that "ebay knows what they are doing" and "why am i not on wallstreet instead of PSU" or some other bullshit rhetoric to that effect....but - as I pointed out, months ago, this stock is a SHORT and headed into the toilet


I just hope it pulls John Donahoe's mouth under the water with it and drowns him too - literally

um, ps, microsoft was a pretty big monopoly itself remember, plus pretty big on ebay's vero program and maybe not so supportive of the first sale doctrine.

Someone in the know, is there a simple internet site where you can buy and sell stock, or do you have to do complicated stuff and use some middleman? That might be interesting to get into if auctions stop being profitable. I read a motley fool book once about rule breakers and 'faker breakers' and whatnot, interesting they say sell. You never know when someone is tricking others to sell so they can buy probably, but I guess motley has a credible past reputation.

Maybe one fail proof tactic is to always buy stock in donahoe's companies after he leaves them.

By the way, I don't know, I have a gut feeling that ebay and google had some sort of discussion behind closed doors (kind of near in time to that little skirmish they had about google checkout I'd imagine). Maybe it went: google: look, we're obviously able to bury you if we want, but we are in fact a good company so will give you time to change and find your own niche, hence all this craziness. So maybe google who seems to be tight lipped about auction sites will release something after ebay makes the transition. Or I could be DEAD WRONG.