eBay is exposed to a consumer slowdown or a burst equity bubble, because Pokemon and other speculative collectibles drove much of its recent growth. In 2000, Beanie Babies and Pokemon peaked essentially with the stock market. Its strength after Walmart's commentary and Target's numbers looks bizarre. x.com 

eBay is getting new life from a possible takeover bid by GameStop's Ryan Cohen, who already owns 7% of the float. It has strong free cash flow, four years of rising revenue, accelerating EPS since late 2023 and growth every quarter since September 2021. MarketSurge notes a bullish base breakout, and the target is $125. x.com  x.com 

eBay looks set to challenge its prior all-time highs as the stock rounds the corner. An IBD chart shows steady double-digit growth and a clean trend. x.com 

Avoiding GameStop's unsolicited proposal and Ryan Cohen's weak execution leaves eBay better placed. eBay is easily worth over $100B today and should be worth much more in five years without GameStop and Cohen; Cohen is not the one to beat Amazon. x.com 

eBay is a business worth owning long term for its aggressive buybacks and its role as the go-to marketplace for used and hard-to-find items, with collectibles basically locked up. A pullback would offer a better long-term entry. A rumored GameStop bid for the roughly $50B company remains doubtful, as it would need serious financing. x.com 

eBay's collectibles upside may be underappreciated because analysts may not follow the sudden surge in Pokemon trading. Pokemon volume over the past 30 days is unlike anything seen before in that market; big institutional players are entering, and some cards that sold for a couple thousand dollars a month ago now fetch hundreds of thousands. That is what the eBay bet rests on. x.com