Ebay Inc - EBAY - Daily - Where's the beef? No momentum...Rolling over from a small rally within a long, sideways consolidation.
EBAY is doing its best to grow into its valuation, but in the meantime it is up to $17 billion in sales to support is hefty $64 billion market cap. Unfortunately, this chart shows the latest period has brought earnings to a standstill, which certainly means that EBAY is going the way of Amazon and not making any profits.
I look for more downside, albeit slowly, as EBAY tries to generate earnings and revenue growth to help keep this stock "afloat".
Tim 11:11AM EST 52.10 last EBAY 9/22/2014