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| Symbol | Sector | Return | Exposure | Trades | Last Trade | Status |
|---|---|---|---|---|---|---|
| EBAY | Specialized Consumer Services | -13.23% | n/a | 6 | 11-Jul-08 | Prior Holding |
24-Sep-07
The Safe Financial in a chaotic time
Holding Rationale for EBAY.
Went to eBay live 2007 and was very impressed by the health in the selling community, by what Meg Whitman had to say and by PayPal. Took large options positions in eBay and have done well in them, as well as buying some stock. While eBay motors is sensitive to economic downturns, think about it: in a recession, people need l iquidity and eBay is the major venue for raising cash with sales. I'm also enjoying the revamp of the website and refinement of the experience; they're doing subtle shifts that make eBay easier to use. I sold a little before the Fed as a just-in-case to capture a bit of the run-up. Foob
Tagged Stocks: EBAY
Posted at 17:49 in Holding Rationales | Permalink | Comments () | Top
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