I'll admit I've tried my share of shorts on EBAY, fortunately mostly with positive results or break even. However, this is the cult stock to end all cult stocks, and until it shows a true breakdown, there are better pastures to go short in.
Most of the rest of the internet sector is WAY more attractive to short (I'm lookin' at you, AMZN and YHOO). They're just as overextended technically and fundamentally as EBAY, the difference being their business models are nowhere near as robust and ironclad as EBAY. For anyone looking for a good short, look there, or at the HHH.
Most of the rest of the internet sector is WAY more attractive to short (I'm lookin' at you, AMZN and YHOO). They're just as overextended technically and fundamentally as EBAY, the difference being their business models are nowhere near as robust and ironclad as EBAY. For anyone looking for a good short, look there, or at the HHH.
