Shares of Ebay have held up strong over the past week. This is a good indicator going into what I believe will be a strong holiday season. Discounts on gift cards and consumer incentives should push growth to the company for its sales. I am long Ebay and think that going into the new year, we could see a good share price spike especially considering the tax free spin-off of Paypal to shareholders is coming soon. I do not feel that the value of that is fully priced in yet.
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Tuesday, November 11, 2014
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