I am not an expert in the stock market, but I do get to read a lot about eBay stock as I research for PowerSellerKing. I have added a eBay Stock category and will post interesting stock news as I come across it.
The blogosphere has lately been debating the true value of eBay after Bear Stearns analyst Robert Peck upgraded the shares and set a price target of $33. Barron's tech trader covered the news yesterday, and today Fat Pitch Financials weighs in at SeekingAlpha.
Fat Pitch blogger George (I couldn't find his name on the site, but he is a Buffett-style amateur investor with sterling academic credentials) thinks it's not time to buy eBay yet. He comes up with an intrinsic value for the stock of $28.75. But he says eBay, now at $24.50, would have to drop to $21.50 before he would jump in.
.jpg)
Comment Preview