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imo good move ,,the nets especially ebay have come too far too fast with intrest rate hike coming and their is a question if their will be more hikes,,,ebay looks like a good short term short ,,it has gone from 80 to 118 in five trading days,,,that is above 40 % increaase in five days imo alot of short covering ,,i don't believe the company has changed that drastically in the last five days,the cpi news is already out,,also options expire on driday and imo since alot of people had puts they spiked the price but this run before options expiry is imo too dramatic ,,,,long term ebay looks like a buy from the chart as the 5 day has crossed the 20 day m.a.,,,but we may see some profit taking for the rest of the week,, |
