F*ck ebay

[stkmtimo]

Couldn't agree more. There are some things in life that are beyond our control, and that pertains to such things as eBay. We must give people the benefit of the doubt; I like that idea Plunge.

Tim

[plunge]

Thanks, Tim. I've never been ripped off by anyone because I try to be fair. Sure, I surprise buyers (or sellers) when I telephone. But it works. And everyone's polite, cool and willing to work out whatever deal that's been set up.

[IggyWH]

I believe the best bet was what Brad said... they suspected fraud and suspended immediately. Now that since you got back to them and there was no fraud, they hooked you back up. ARe they going to credit your account for those auctions that were cancelled though?

[gioperation]

while I agree, that sucks that give you know explanation at all, and do they give you the loot from the bids that you had on your auctions, heck no. The same thing happened to me, last year and I had like 500 auctions running with bid on like 35% of them when they reinstated me, like 2 or so days later, I was using turbo lister and do you think I got nearly as much for the items heck no. and only one person rebidded and that is only because I had a auto card of peyton manning #'d to 15, so it was the only only one running on ebay and had like 10 bids and it was getting up there.

There explanation was that I had a wrong number on the account and that might say fraud, I am like come on. at that time I tried yahoo auctions which I didn't get a nearly as many hits, so I had to come back. What happened to calling or emailing you to find out for sure, I guess that would be to much like right, with the fee's we pay only the powersellers get those benefits, of benefit of a doubt.

[podstock]

Ebay's just another corporation that's gotten too big for itself.

[gioperation]

forgetting about the little guy can cause you to go under, esp when they are the one's that feed you early on.

[pwaldo]

Originally posted by gioperation
forgetting about the little guy can cause you to go under, esp when they are the one's that feed you early on.

Well EBAY is kinda big and its almost a monopoly so I don't see them going under.

But I do think that they have to get their act together.

[podstock]

One thing you need to remember about Ebay:

Like Enron and WorldCom (2 companies that dominated their niche of business), Ebay is a publicly traded company. As of today, their market cap value is ridiculously over-valued.

And the pressure is on them to justify their market cap. Why? B/c the higher the stock goes, the more stocks can be sold via CEO Meg Whitman and her co-horts through their stock options.

Once they have taken their money and run, the company itself doesn't matter.

Look at CEO Bernie Ebbers, he controlled Worldcom for years, making so much money that his shower curtains were gold-plated, costing hundreds of thousands. He made multi-millions. Where is Worldcom right now --- in bankruptcy.

Look at CEO Jeffrey Skilling and his under-study, Ken Lay. Both made multi-millions. Where is Enron right now ---- in bankruptcy.

Ebay could be headed there. Sooner or later, companies disappear. Some of the highest ranking officials at Ebay are there SOLELY to cash out their stock options.

Very few companies get to the status of GE (General Electric).

[stkmtimo]

No doubt eBay executives want to cash out on their options. They do get priority pricing, I believe $2.35 per share on a revenue sharing plan set up with the company. The only person who wasn't in it for money the whole time was Pierre Omidyar. Do you work for a financial firm, podstock?

Tim

[gioperation]

if he doesn't he should, cause he has it down to a science.