now ebay could fall further...

Discussion in 'Trading' started by heilbronner, Apr 9, 2003.

  1. ...Price action even on supposedly "bad news" suggests that EBAY will run up to earnings. Still many buyers lurking buying the dips...

    Must admit that Ebay doesn't react the way it should. So I will wait until the close. If Ebay doesn't fall further I will cover.

    If it goes > $ 91 I will just do the same as zboy. Think I was a bit biased today, but above all: Discipline over conviction.
     
    #51     Apr 14, 2003
  2. just21

    just21

    When are the earnings? I am short the 90/95 call credit spread.
     
    #52     Apr 14, 2003
  3. 22 april

    good luck.
     
    #53     Apr 14, 2003
  4. just21

    just21

    The options expire thursday.
     
    #54     Apr 14, 2003
  5. It started as a trade but now it's an investment....LOL.
     
    #55     Apr 14, 2003
  6. EBAY is down .30 since the article in Barron's. The shorts are really ringing the register. :D
     
    #56     Apr 15, 2003
  7. Barrons=useless
     
    #57     Apr 16, 2003
  8. just21

    just21

    Could go out at the 90 strike at expiration tommorrow.
     
    #58     Apr 16, 2003
  9. just21

    just21

    Very bullish if market reverses above where it was before bad news comes out. One of the market wizards made 50% of his money trading news reversals like that. Hopefully it happens after tommorrow!
     
    #59     Apr 16, 2003
  10. there still isn't anything wrong with this stock except the valuation, and no way of knowing when that bubble will pop.
     
    #60     Apr 16, 2003