"And you're in good, or at least respectable, company. A news magazine has used this method to show the stock market hitting a new high, the graph being so truncated as to make the climb look far more dizzying than it was." Darrell Huff, How To Lie With Statistics
Years ago disingenuous stock analysts hyping a favorite stock, would point to the massive increase in stock price over the years. They would use as a base the price of a stock in 2009.
Spoiler Alert, stock prices rose after the "crash."
Chart from Money.CNN.com
Any similarity between the above five year rise in the DJIA (Dow Jones Industrial Average) and the five year rise in eBay INC stock price is not coincidental.
Of course it would be equally disingenuous to show a stock price diving, with the end point being after September 29 2008.
To be fair, here's eBay INC's stock price over it's lifetime:
Chart from Yahoo! Finance
Included is the missing left side of the FurryFriend702's trough.
We find it amazing that people still attempt to fool others by using "crash" stock prices to make a point.
"Place little faith in an average or a graph or a trend when those important figures are missing." Darrell Huff, How To Lie With Statistics
Our focus is on eBay INC stock price performance during CEO John Donahoe's entire tenure. A stewardship that began on 31 March 2008.
Here's how our usual four stock group, plus Google, starting with share price on 31 March 2008.
How do you think John Donahoe is performing stock wise?
If you sell high and buy low, there is money to be made keeping track of a stock's highs and lows. If you held on to a particular stock as a 'long term investment', hope it was the right stock.
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"You got to know when to hold 'em, know when to fold 'em, Know when to walk away and know when to run. You never count your money when you're sittin' at the table. There'll be time enough for countin' when the dealin's done." Kenny Rogers, The Gambler
"And you're in good, or at least respectable, company. A news magazine has used this method to show the stock market hitting a new high, the graph being so truncated as to make the climb look far more dizzying than it was." Darrell Huff, How To Lie With Statistics
Years ago disingenuous stock analysts hyping a favorite stock, would point to the massive increase in stock price over the years. They would use as a base the price of a stock in 2009.
Spoiler Alert, stock prices rose after the "crash."
Chart from Money.CNN.com
Any similarity between the above five year rise in the DJIA (Dow Jones Industrial Average) and the five year rise in eBay INC stock price is not coincidental.
Of course it would be equally disingenuous to show a stock price diving, with the end point being after September 29 2008.
To be fair, here's eBay INC's stock price over it's lifetime:
Chart from Yahoo! Finance
Included is the missing left side of the FurryFriend702's trough.
We find it amazing that people still attempt to fool others by using "crash" stock prices to make a point.
"Place little faith in an average or a graph or a trend when those important figures are missing." Darrell Huff, How To Lie With Statistics
Our focus is on eBay INC stock price performance during CEO John Donahoe's entire tenure. A stewardship that began on 31 March 2008.
Here's how our usual four stock group, plus Google, starting with share price on 31 March 2008.
How do you think John Donahoe is performing stock wise?
If you sell high and buy low, there is money to be made keeping track of a stock's highs and lows. If you held on to a particular stock as a 'long term investment', hope it was the right stock.
/*
"You got to know when to hold 'em, know when to fold 'em, Know when to walk away and know when to run. You never count your money when you're sittin' at the table. There'll be time enough for countin' when the dealin's done." Kenny Rogers, The Gambler
eBay Stock Is On Fire Meme
eBay Stock Is On Fire Meme
EventHorizon1984
10 October 2013
"well-biased samples can be employed to produce almost any result anyone may wish."
Darrell Huff, How To Lie With Statistics
A recent variation of the meme "eBay INC is a long term stock" was made by eBay INC seller FurryFriend702 on EcommerceBytes.
To quote:
This FurryFriend702 continues cherry picking data with:
Here's the chart FurryFriend702 wants you to see:
Chart from Yahoo! Finance
Since John Donahoe became CEO of eBay INC on 31 March 2008, don't you wonder about what's missing?
"And you're in good, or at least respectable, company. A news magazine has used this method to show the stock market hitting a new high, the graph being so truncated as to make the climb look far more dizzying than it was."
Darrell Huff, How To Lie With Statistics
Years ago disingenuous stock analysts hyping a favorite stock, would point to the massive increase in stock price over the years. They would use as a base the price of a stock in 2009.
Well ... Wall Street "crashed" in September 2008, sending stock prices diving.
Chart from Money.CNN.com
Spoiler Alert, stock prices rose after the "crash."
Chart from Money.CNN.com
Any similarity between the above five year rise in the DJIA (Dow Jones Industrial Average) and the five year rise in eBay INC stock price is not coincidental.
Of course it would be equally disingenuous to show a stock price diving, with the end point being after September 29 2008.
To be fair, here's eBay INC's stock price over it's lifetime:
Chart from Yahoo! Finance
Included is the missing left side of the FurryFriend702's trough.
We find it amazing that people still attempt to fool others by using "crash" stock prices to make a point.
"Place little faith in an average or a graph or a trend when those important figures are missing."
Darrell Huff, How To Lie With Statistics
Our focus is on eBay INC stock price performance during CEO John Donahoe's entire tenure. A stewardship that began on 31 March 2008.
Here's how our usual four stock group, plus Google, starting with share price on 31 March 2008.
How do you think John Donahoe is performing stock wise?
If you sell high and buy low, there is money to be made keeping track of a stock's highs and lows. If you held on to a particular stock as a 'long term investment', hope it was the right stock.
/*
"You got to know when to hold 'em, know when to fold 'em,
Know when to walk away and know when to run.
You never count your money when you're sittin' at the table.
There'll be time enough for countin' when the dealin's done."
Kenny Rogers, The Gambler
/*
Related articles:
eBay INC Stock Price During CEO John Donahoe's Tenure
eBay INC Stock Has Turned Around Under CEO John Donahoe; Really?
The eBay INC Is A Long Term Stock Meme
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Posted at 16:49 in Amazon, Business, Commentary, eBay, eBay Spotlight, Google, History | Permalink
Tags: eBay, eBay Stock Is On Fire, eBay stock price, EcommerceBytes, FurryFriend702, John Donahoe, stock price
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