How confident are you in ebay's future?

[whoscloset]

Bill Cobb doesn't seem too confident in his company. Have a look at his sell-off of exercised stock in just the last 8 months. Maybe we should be taking notes.

http://biz.yahoo.com/t/06/4535.html
Monique

[zarzuella]

Good lord! He's continually exercising his purchase options at $14 per share and reselling immediately at $40-$43 per share. He's made millions in the last few months!

Guess its legal, but ... Ann

[vesivus]

That is how stock options work -- He has the 'option' to 'buy' his shares at his 'option price' of $14.00, and then sell them at current market value.

Its common in larger compnaies to offer stock options as incentives. I had them at the last company I worked at and made about $120,000 from it over the course of a few years...

John

[whoscloset]

Yes, yes, I understand the options but what of the "Planned Sales" of stock that wasn't optioned? I don't see any acquisitions, only sell-offs.
Monique

[jakeeangel]

eBay's not going away any time soon.

Buy low and sell high. Isn't that what we all do in some form or other? Good for him for making some money. I'd do it too if I was him!

---

[whoscloset]

Buy low and sell high.

ebay stock has been diving for a year and is at a 52 week low. He certainly hasn't been "Selling High" which is some indication that he thinks the stock is going to tank further.
Monique

[momosworld]

Yes I'm actually taking a beating in the stock right now, but i do believe in the company no matter how many wrong decisions they have made this year (cough) skype...

Will keep holding on...and on..

Moez

[whoscloset]

Guess Bill knew what he was doing.....can you say insider trading?

http://finance.yahoo.com/q/bc?s=EBAY&t=5d
Monique

[thegreatcanadiannorthernstar]

Maybe by imposing the fee increases this year, the company was hoping to give a boost to the stock and promote more money for insider options. The increases in final value fees are actually quite staggering at about a 20 percent increase!.

At the same time the excercise of all those options is really diluting the shareholder value for everyone.

As for ebays future!!! who knows, the govt may just crack down and impose all kinds of regulations in the future. With so much ecommerce going on and money being made that the govts dont know about!!! They may want to find ways to tap in and tax this cash!!.