eBay Fraud Scams exposed

This image was lifted from eBay Seller Central Forum, directly off eBay site. There are many hot topics discussed, not many pertain to actual selling on eBay, most voice outrage over new eBay policies and contempt for the new direction eBay management took since the beginning of this year.

After eBay posted the Q2 earnings, one of many topics appropriately titled “eBay stock soars today!” discussed why the shares fell so badly inspite of seemingly good looking quarterly report. It is a long thread, worth reading. I think this one post is worth saving and reprinting here, just in case the eBay censor accidentally deletes that topic also:
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If we focus on improving velocity we know we’re going to monetize that in new and different ways. - John Donohoe

While I don’t like some of the changes ebay has made this year (and far too many at once, it’s like trying to bolt down junk food) I’ve never been a rabid antibayer.

But I am very doubtful that the new management at ebay is going to make anything positive happen.

My view is strictly subjective.

What, exactly, does the above sentence by CEO Donohoe MEAN?

Speaking in shorthand buzzwords means (to me) that you are either hiding something you don’t want out in the open, or to impart an impression of competence that is not necessarily there.

Many listening to this kind of talk will be intimidated by it - fearful of bringing the speaker up short by asking him to state clearly and in English precisely what he is saying. Specifics.

They would be afraid of being considered “out of it.”

So it serves to allow the CEO to get away with impressive-sounding verbiage, a demo that he is so “on top of it” that to question him, to pin him down, would make the interlocuter seem a backward-looking dullard.

Here’s another word that Mr D used in his interview with a stock analyst (posted here earlier): incentivize

Huh?

When puerile stuff like this passes for high-level management skills, Mr D is not to blame. The Ebay Board of Directors got hornswoggled by Sizzlemanship. (Imagine the short shrift a sizzler would get from a plain speaker like Warren Buffett)

Decades ago a super salesman named Wheeler penned a best-seller called Sizzlemanship. It told salespeople throughout the world “to sell the sizzle, not the steak.”

Buzz it up, paint words that sound good, even if they be so vague as to be meaningless.

It this is the kind of con that rises to the top in corporate America, if Mr D’s sizzlemanship is multiplied several thousandfold in the nation’s multinational corporations — it is time for either investor revolt or a people’s revolution.

Or we’ll all be headed into a sizzling black hole.
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Check out the eBay Stock Forum on Yahoo! : it appears there are hardly any investors left with faith in this company. eBay shares plunged 15% after eBay announced their User growth continues to stagnate at 1% and GMV growth is now reduced to 9%.