Hi! I'm Dane Carlson, and welcome to the Business Opportunities Weblog. I've been publishing this website, by myself, and sometimes with the help of others for over twelve years now. You'll notice two things about this site right away:
eBay Inc. (NASDAQ: EBAY) opened at $34.20. So far today the stock has hit a low of $33.85 and a high of $33.65. As of 1:15, EBAY is trading at $33.65, down $0.07 (-0.2%).
After hitting a one year high of $40.82 in April 2006, the stock has been met with resistance just above $34 over the past five months. Piper Jaffray upped EBAY’s price target to $37 per share and also boosted earnings estimates for the company based on higher sell-through rates. The technical indicators for EBAY have been bullish and steady, while S&P gives the stock a very positive 5 STARS (out of 5) strong buy rating.
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