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<p>[QUOTE="-jeffB, post: 3723073, member: 27832"]PayPal and eBay have been divorced for a number of years now. I had PayPal stock, which converted to eBay stock when eBay bought PayPal, then split when eBay spun PayPal back off.</p><p><br /></p><p>eBay will soon be encouraging members to use a different service instead of PayPal. When they announced that, eBay stock spiked, and PayPal dipped. I sold my eBay stock into the spike, and bought more PayPal with the proceeds; it was one of my very few successful market-timing efforts.</p><p><br /></p><p>This decision might well be good for PayPal's stock price in the short term -- more profit! -- but I have to think merchants will desert them in droves if this applies across the board.[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 3723073, member: 27832"]PayPal and eBay have been divorced for a number of years now. I had PayPal stock, which converted to eBay stock when eBay bought PayPal, then split when eBay spun PayPal back off. eBay will soon be encouraging members to use a different service instead of PayPal. When they announced that, eBay stock spiked, and PayPal dipped. I sold my eBay stock into the spike, and bought more PayPal with the proceeds; it was one of my very few successful market-timing efforts. This decision might well be good for PayPal's stock price in the short term -- more profit! -- but I have to think merchants will desert them in droves if this applies across the board.[/QUOTE]
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