Would you short eBay now?
It seems that eBay has been losing many of its sellers to other services due to new costs its imposing on members. Is now the time to sell this stock short?
Answers
DirtyD answered one year ago …
I wouldn't be a buyer right now considering the factor you mention in your question, Brad. But I also wouldn't short it here. The company just issued a soft outlook for the rest of the year and the stock cracked. It's already on the rise again and therefore, makes me think that much of the bad news is priced in and eBay has found its support level.
But longer term I think the company's strategy is slightly flawed and they either need to start helping their power sellers out again or risk losing them to new start-ups.

