Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Stoxx who wrote (27311)	10/15/2002 9:09:11 PM
From: AJ Berger	Read Replies (1) \| Respond to of 39683

since you caught some of the ebaY updraft the past week going into earning report 5pm EST Thursday, I was wondering what would make you go short again on ebaY. while investor threads everywhere are screaming short, institutions don't seem to agree, so I've managed to stay long this week because I expect ebay to surprise as usual, especially after YHOO's surprise, and life coming back in the retail sector ramping up to the Xmas season. my plan is to wait till witching Friday when several houses following ebay will restate earnings projections higher, then sell my long, hopefully above $58, and look to re-short it sometime the following week when journalists start criticizing the numbers. I'm curious what a psycho/technician is looking for to short ebay with confidence. I’m just a ebay stock spectator, who knows that playing it into and out of earnings is usually good for a safe 10% each way. my guess is Meg Wittman will conjure up .24 this quarter, while .22 whisper, .20 expected. Since we're going into Xmas, she'll give bullish forward looking statements, especially now that ebaY Europe is fee based, and PayPal's on next quarters sales/earnings sheet. the only thing they will nail her on the conference call will be the 15% dilution ebay has suffered between employee options and the PYPL merger over the past calendar year. I don't post on SI much anymore since Brad Dryer sold it to GoTo.Net, but I respect your track record enough to be curious about what would make you pull the trigger on ebay. If you can't answer me because I don't buy your newsletter, I'll understand. I used to get that treatment when James Cramer would post on SI, but he used to answer me anyway if the question was good enough... ;^)