30 June 2010
Which means for the average investor to materially benefit from eBay INC stock, they must sell and/or buy the stock. In other words, 'buy low, sell high', short, et al.
Many analysts (who make money on fees You pay them) give the advice 'eBay stock is a long term investment.' Is this stale and cliche advice a bad thing?
Depends on when you make the purchase, and your definition of 'long term.'
To show the short (no pun intended) version of eBay INC stock variation, presented below are eBay INC stock prices on days of note, during eBay CEO John Donahoe's watch. Stock prices are taken at close of market (end of day).
Additionally you will find sets of five stock prices clustered around the dates of eBay INC's quarterly Earnings Call. The first two are the relative low or high value of eBay stock, prior to eBay's Earning Call. The third is the eBay stock price on the day of the Earnings Call. The the fourth and fifth are the relative low or high values of eBay stock after the Earnings Call.
eBay INC Stock Price - 31 March 2008 to 30 June 2010.29.84 - 31 March 2008, end of Q1 2008, John Donahoe becomes eBay CEO
32.94 - 4 April 2008, Highest stock price under John Donahoe
27.33 - 30 June 2008, end of Q2 2008
13.44 - 15 January 2009
12.55 - 20 January 2009
13.28 - 21 January 2009, eBay Q4 2008 Earnings Call
11.67 - 22 January 2009
12.00 - 23 January 2009
10.27 - 9 March 2009, Lowest stock price under John Donahoe
12.56 - 31 March 2009, end of Q1 2009
24.49 - 16 October 2009
25.15 - 19 October 2009
25.03 - 21 October 2009, eBay Q3 2009 Earnings Call
22.75 - 28 October 2009
23.01 - 29 October 2009
23.53 - 31 December 2009, end of Q4 2009
19.61 - 30 June 2010, end of Q2 2010
Finally an overview of eBay stock prices during eBay CEO John Donahoe's current reign.
- 29.84 - 31 March 2008, end of Q1 2008, John Donahoe becomes eBay CEO
- 32.94 - 4 April 2008, Highest stock price under John Donahoe
- 10.27 - 9 March 2009, Lowest stock price under John Donahoe
- 19.61 - 30 June 2010
What if you heeded the call of your analyst to buy eBay stock on 31 March 2008 as a long term investment?
As of 30 June 2010, you lost 34% of your investment. And of course the fees you paid your analyst for such generous advice.
Where will eBay's stock price be then?
"Longer-term, the pillars of the Internet, companies like eBay and Yahoo! will continue to outperform"
Youssef Squali, 5 March 2004
34.65 - 5 March 2004, eBay INC stock price adjusted for stock split.