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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Softechie who wrote (93898)7/22/2002 6:31:39 PM
From: AJ Berger  Read Replies (1) of 99280
 
eBay helps PayPal Insiders to Cash Out

siliconinvestor.com

Disclosure: Short eBay since $61

Guidance: PayPal should have a great earning report this Tuesday evening. Use that strength to Short eBay. Look to short mid-day, when large lunchtime block trades seem to keep eBay aloft. As eBay insiders sell this quarter's Optioned Shares in August, eBay should revisit the mid-$40's like it did last summer at this time. I would not play with PYPL shares as there are too many uncertainties on eBay stock swap, and lack of history on that stock.
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