Syrah Chaetau
1
All posts from Syrah Chaetau
Syrah Chaetau in Syrah Chaetau,

eBay Loves Holiday

I am positively long on eBay (EBAY). The marketplaces is about to rise due to the following the holiday weekend. Also eBay (EBAY) is planning to put $300B worth of commerce to Marketplaces, PayPal, and GSI in year 2015. So far it up from $175B in 2012. eBay expects Marketplaces to grow "at least" at e-commerce market rates, after years of underperforming. With the stock roughly flat on the day at $53.45, I think it will have $1 increase in the next two weeks.

 

Picture Source: Yahoo Finance