That's fine with me for nasdaq stocks, as long as NYSE listed stocks are forced to trade between $100 and $500.
That was my reaction too. The corollary of that is if you are going to make a transparent move to support your stock, make damn sure it works. This was poorly conceived and badly received.
How about that EBAY though? Is EBAY the new number one loved stock? This thing is so smoking it scares me. Is this the point of maximum infatuation with EBAY? Can it get any better? Is it all downhill from here? Or is this one to buy, buy when it dips, buy if it breaks out and just hold.