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Originally posted by DragonSlayer25:
quote:
Originally posted by Memnoch:
Don't mean to take the thread offtopic, but geez hasn't eBay's stock gone down the gurgler in recent months. I foolishly listened to my broker when he said "buy" when it was "undervalued" at $34, now it's $23!!! Bastard. 
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A brilliant teacher of mine (taught personal finance) told me that you should always cut your losses at 8%, because the market hardly ever fluctuates back to a gain after that much loss. Better to just cut and run, rather than loose more. [/QUOTE]I'm in for the long haul though, most analysts (Goldman Sachs, Citigroup, etc) still have the stock at Overweight. I think the stock is undervalued at the moment. The strongest quarter for online traders like eBay is usually Q4. But it sucks seeing it go down and down and down.