...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.
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!
there still isn't anything wrong with this stock except the valuation, and no way of knowing when that bubble will pop.