kritter
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When we lose sight of how we treat animals, we tend to lose sight of our humanity
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Post by kritter on Oct 20, 2018 0:40:58 GMT
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kritter
Mod Squad
When we lose sight of how we treat animals, we tend to lose sight of our humanity
Posts: 19,901
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Post by kritter on Oct 20, 2018 0:46:33 GMT
That being said, Paypal's stock was up $7.30 at $84.78.
Best thing ever to happen to Paypal was to split from Ebay.
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Post by Desire on Oct 20, 2018 0:52:24 GMT
Very sad - but they do this to themselves and cause their own problems. They are so mis-directed in most of what they do.
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Post by Tabby on Oct 20, 2018 17:02:19 GMT
Best thing ever to happen to Paypal was to split from Ebay. I agree. I've definitely noticed an increase in the number of internet retailers showing PayPal as a checkout choice. |
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kritter
Mod Squad
When we lose sight of how we treat animals, we tend to lose sight of our humanity
Posts: 19,901
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Post by kritter on Oct 20, 2018 17:07:10 GMT
Best thing ever to happen to Paypal was to split from Ebay. I agree. I've definitely noticed an increase in the number of internet retailers showing PayPal as a checkout choice.
Me too. And I always choose Paypal to pay when I see it offered as a payment choice. |
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Post by sunsetpainter on Oct 20, 2018 19:32:00 GMT
I agree. I've definitely noticed an increase in the number of internet retailers showing PayPal as a checkout choice.
Me too. And I always choose Paypal to pay when I see it offered as a payment choice. Me too. |
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kritter
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When we lose sight of how we treat animals, we tend to lose sight of our humanity
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Post by kritter on Oct 20, 2018 19:49:23 GMT
By looking at the stock prices and forward guidance, it seems like Paypal got all the good people in the split and Ebay got stuck with the second string employees.
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Post by somany on Oct 21, 2018 2:15:41 GMT
That seems like an awfully long time to push back an earnings announcement. It sounds like it’s going to be bad news so seems like it would be better to just get it out there now rather than making shareholders more nervous during the long waiting period.
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Post by chapeaunoir on Oct 21, 2018 15:36:13 GMT
Speculation on a couple of financial articles I've read here and there is that the news will range anywhere between a simple shortfall to Wenig frantically cooking the books as he's about to launched for incompetence. IMHO it'll be closer to the earnings shortfall, but there was an egregious rumour that went around that Icahn, the corporate hatchet man wanted to dismantle eBay. It turned out to be false, but eBay stock had a brief rally on the news, and the joke is that Wenig must be desperate
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Post by Desire on Oct 21, 2018 15:41:16 GMT
I agree. I've definitely noticed an increase in the number of internet retailers showing PayPal as a checkout choice.
Me too. And I always choose Paypal to pay when I see it offered as a payment choice.
I noticed this too. I buy quite a bit online and noticed in the last month or so that many of the larger retailers were offering Paypal at checkout.
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kritter
Mod Squad
When we lose sight of how we treat animals, we tend to lose sight of our humanity
Posts: 19,901
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Post by kritter on Oct 21, 2018 15:52:10 GMT
That is a long time to push back an earnings report. When that happens, usually bad news comes next.
Maybe Ebay knew Paypal was going to "mention" them in their earnings report and decided to let Paypal break the bad news and get the stock slap in the head over with so anything they came out with would look better in contrast.
Whatever it is, it is not going to be pretty. I have seen forecasts that Ebay stock will drop into the teens which might be a good time to speculate as the day traders will take over and there could be some quick in and out money on a daily basis.
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Post by Pantlandia on Oct 21, 2018 17:54:02 GMT
Seems the more they do to alienate their sellers, the worse the stock performs. I don't know why the head honchos can't see that.
Could also be that Trumps stance on China has threatened eBay's main business model. I'm probably wrong. I know very little about how stocks work.
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kritter
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When we lose sight of how we treat animals, we tend to lose sight of our humanity
Posts: 19,901
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Post by kritter on Oct 21, 2018 19:49:36 GMT
That wouldn't be factored into 3rd quarter business report that ebay apparently really doesn't want to disclose.
If it even comes to pass it will be factored into forward guidance as the quarters roll on.
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Post by Pantlandia on Oct 21, 2018 20:30:57 GMT
That wouldn't be factored into 3rd quarter business report that ebay apparently really doesn't want to disclose.
If it even comes to pass it will be factored into forward guidance as the quarters roll on.
I know it wouldn't be factored into the 3rd quarter reports. I figured it could be one of the many reasons for the stock drop; lack of faith in the future. Again, I don't know anything about it have just read that speculation can affect a stock's value.  |
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val2525
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Post by val2525 on Oct 21, 2018 20:44:19 GMT
By looking at the stock prices and forward guidance, it seems like Paypal got all the good people in the split and Ebay got stuck with the second string employees. I dunno, PayPal got stuck with Donohoe. The only reason his PP screwups aren't affecting the company is PP was strong when he came on board. IMO. |
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kritter
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When we lose sight of how we treat animals, we tend to lose sight of our humanity
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Post by kritter on Oct 21, 2018 21:09:50 GMT
Definitely strong then and even stronger now no matter who is working there. Maybe Donohoe being Chairman of the Board doesn't mean he really has anything important to do at Paypal.
Maybe Donohoe wasn't Ebay's downfall after all since Ebay continues to struggle without him.
PayPal Holdings annual/quarterly revenue history and growth rate from 2015 to 2018. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. PayPal Holdings revenue for the quarter ending September 30, 2018 was $3.683B, a 13.71% increase year-over-year. PayPal Holdings revenue for the twelve months ending September 30, 2018 was $14.969B, a 21.39% increase year-over-year. PayPal Holdings annual revenue for 2017 was $13.094B, a 20.77% increase from 2016. PayPal Holdings annual revenue for 2016 was $10.842B, a 17.24% increase from 2015. PayPal Holdings annual revenue for 2015 was $9.248B, a 15.24% increase from 2014. EBay annual/quarterly revenue history and growth rate from 2015 to 2018. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. EBay revenue for the quarter ending June 30, 2018 was $2.640B, a 9.14% increase year-over-year. Revenue for the twelve months ending June 30, 2018 was $10.065B, a 7.83% increase year-over-year. EBay annual revenue for 2017 was $9.567B, a 6.55% increase from 2016. EBay annual revenue for 2016 was $8.979B, a 4.5% increase from 2015. EBay annual revenue for 2015 was $8.592B, a 2.25% decline from 2014. |
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Post by chapeaunoir on Oct 21, 2018 21:11:51 GMT
I think stock is sinking on confidence. eBay's showing against the site they've been trying to emulate is dismal, and their focus is weak. If eBay simply stuck to its own strengths the comparison would not be bad at all - but their frantic, almost embarrassing chase (the Prime campaign was so limp it was funny) is not confidence inspiring.
Insofar as the postponed report, articles I've read in the finacial press speculate between embarrassing earnings shortfall to Wenig being sacked due to incompetence. I tend to veer closer to the former - eBay is drifting and has no real focus, and Wenig is a weak CEO, none of which is real confidence inspiring, but it's not going anywhere.
ETA: as chairman of the board I don't think Donohoe has that much influence in and of itself. In fact, I think he was given that post in exchange for agreeing to step down, and no one in their right mind would give him much authority. He was a typical company yes man who got over his head. I recall watching his interviews and he was so lost, poor man, that the interviewer would have to help him out. Unlike Wenig, who looks and sounds like a real ass, at least he was pleasant- muddled but pleasant.
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kritter
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When we lose sight of how we treat animals, we tend to lose sight of our humanity
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Post by kritter on Oct 21, 2018 21:19:35 GMT
Oh, I definitely think there is a quarterly earnings shortfall which caused the delay.
Just wondering if they were playing for time to see how the first month of the 4th quarter was doing before they made an earnings forecast for the quarter in hopes they could put a positive spin on the debacle.
I don't think they figured in that Paypal was going to fire a shot across their bow before they could get in front of last quarter's bad news.
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Post by chapeaunoir on Oct 21, 2018 21:24:39 GMT
Oh, I definitely think there is an quarterly earnings shortfall which caused the delay. Just wondering if they were playing for time to see how the first month of the 4th quarter was doing before they made an earnings forecast for the quarter in hopes they could put a positive spin on the debacle. I don't think they figured in that Paypal was going to fire a shot across their bow before they could get in front of last quarter's bad news. I'm thinking that, too. |
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Post by chapeaunoir on Oct 21, 2018 21:27:08 GMT
Slow typing - danged primitive mobile phones.
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Post by Tabby on Oct 22, 2018 18:05:15 GMT
There's an article in the Wall Street Journal today saying it's a good time to buy PayPal stock. But we all heard it here first!  |
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kritter
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When we lose sight of how we treat animals, we tend to lose sight of our humanity
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Post by kritter on Oct 22, 2018 18:14:42 GMT
PayPal stock is up by 26% in the past year on the back of impressive financial performance by the company.
The most recent earnings report shows that the business keeps firing on all cylinders.
The stock is priced for growth, but PayPal is not overvalued when considering the company's long-term potential.
****PayPal ended the quarter with 254 million active customer accounts, adding 9.1 million net new customer accounts during the period. This represents an acceleration in growth in comparison to prior quarters and even a new record for the company.
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Post by Desire on Oct 22, 2018 19:05:23 GMT
If Donahoe was CEO of paypal it would be important - but chairman of the board really doesn't have much to do with day to day operations. If he did, he would have destroyed much of paypal by now.
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Post by chapeaunoir on Oct 22, 2018 21:29:07 GMT
If Donahoe was CEO of paypal it would be important - but chairman of the board really doesn't have much to do with day to day operations. If he did, he would have destroyed much of paypal by now. They send him out for coffee. |
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kritter
Mod Squad
When we lose sight of how we treat animals, we tend to lose sight of our humanity
Posts: 19,901
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Post by kritter on Oct 22, 2018 21:57:24 GMT
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