iBankCoin
Joined Nov 11, 2007
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$EBAY Hits a Six-Year High. Should You ‘Buy It Now’

Great article about Ebay from Bespoke

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So with the stock already up 15%, should you ‘Buy it Now’ or keep it on your watch list?  The table below shows the 24 days since it came public in 1998 that EBAY rose more than 15% in a single day.  For each day we calculated the stock’s average and median returns over the next week and month.  As shown, the average returns over the next week and month are both convincingly positive.

Read the rest here.

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