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Tuesday, May 27, 2014

Should You Buy eBay?

If you want to make close to $8 per share, and you can buy more than 100 shares to make it worth it then you should buy eBay.  However, price  been oscillating within a bandwidth for the last year,  implying the investors and traders think that the stock is fairly priced within this range.  

In my experience, in this case, your best bet is to stay out of eBay, investors and traders are getting nervous, they see a new bubble bust in the way: housing market hasn't improved, and purchase power of 90% is stagnant or decreasing, which can be seen by reading news about Walmart in CNBC.


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