gdp's Comments

InvestorPlace : Is PayPal Stock Tapped Out, or Can It Deliver Ahead of Earnings? (PYPL)

Thu, 29 Oct 2015 01:06:08 +0000

Aug. 2007: AMZN ~$40 EBAY ~$40 ... Oct. 2017: AMZN ~$608; PYPL ~$35; EBAY ~$28—LOL ... Well done Johnny Ho-Ho-Ho; keep up the destruction ...

InvestorPlace : MasterCard and Visa Face Major Risks From Apple and Google

Tue, 22 Sep 2015 04:14:44 +0000

Yes, I did read past the headline. And you think that the world's banks are going to be interested in interfacing to a proprietary Apple system just so they can deal directly with Apple fanboy iPhone carriers which, even in Apple’s wildest dreams, have a potential of reaching a maximum of about 20% of the world’s total retail payments market, when the banks are perfectly happy with 100% of that market that they already have via the existing MasterCard/Visa systems?—Dream on, turkey …

InvestorPlace : MasterCard and Visa Face Major Risks From Apple and Google

Fri, 18 Sep 2015 08:12:21 +0000

"MasterCard and Visa Face Major Risks From Apple and Google" The greatest load of ignorant nonsense I have ever read; does the author have not the slightest understanding of how the retail payments system works—sheesh! ...

InvestorPlace : EBAY Stock: Battered After PYPL, But Boasting a 35% Upside

Thu, 27 Aug 2015 16:18:42 +0000

Dream on Mr Kirjner; eBay will likely go to $14 before it ever sees $34 ...

InvestorPlace : EBay Stock: Business Is Still Strong Without PayPal

Thu, 6 Aug 2015 19:46:12 +0000

The reality is, the eBay/PayPal “split” is no split at all, these two clunky operators are effectively still joined at the hip and, neither has much future—not even PayPal once the sham “spin-off” arrangement between these two unscrupulous entities eventually expires, and, even without the destructive guiding hand of the cretinous, ex Bain & Co., Johnny Ho, the eBay marketplace will likely continue on its journey down the toilet … PayPal may presently be viewed favourably in the eyes of many naïve online payers but not so in the eyes of many of the small business payees that invariably bear the brunt of PayPal’s clunky, unregulated, faux "banking" operations. The fact is, generally speaking, “PreyPal” is licensed only as a “money transmitter”, not as a prudentially regulated “bank” and, in the main, operates as an intermediary, a “merchant of sorts” (PayPal’s own words) that rides, parasitically, on the back of the retail banks’ existing payment systems via a merchant account with one of those very retail banks … The reality is, these two unscrupulous commercial entities still very much need each other; in particular, the clunky “PreyPal” desperately still needs the business it gets from eBay—hence the five-year “80%” exclusivity agreement put in place to try to maximise and underpin PayPal’s market value; regardless, as eBay continues to atrophy, as it undoubtedly will, so too will “PreyPal” atrophy, and if “PreyPal” does not simply whither away along with eBay, then there are now a number of other more professional operators that are presently preparing the hole in the ground for clunky PayPal’s ultimate interment … Undoubtedly, Apple Pay, Samsung Pay, Android Pay, et al, will soon enough overwhelm PayPal’s petty and clunky contribution to mobile payments (next time you visit Home Depot, ask the cashier how “Pay Here With PayPal” is going—LOL); methinks Facebook Payments will likely soon bury PayPal in the person-to-person (C2C) payments sphere (David Marcus certainly made the right move); and the new online retail payments offerings from the world’s retail banks via MasterCard (“MasterPass”) and Visa (“Visa Checkout”) will eventually bury PayPal’s online payments operations also—except on the likes of the atrophying eBay marketplace where PayPal’s “spin-off” from eBay—a spin-off that eBay’s Johnny Ho fought tooth and nail against—will go down as the greatest corporate “pea and thimble” trick of the twenty-first century … Having said that, it should be noted that, being into the eighth (and final) year of his failed “three-year turnaround” of eBay, and in the process thereof having brought the eBay marketplace virtually to its knees, the cretinous Johnny Ho has now removed his destructive capabilities from eBay to the spun-off PayPal, and that being the case, potential long term investors should be warned that they invest in either eBay’s or PayPal’s future at their very great peril; indeed, existing eBay/PayPal shareholders should cash in their shares and run—that’s the only way they are ever likely to get a cash dividend out of either … In August 2007, immediately prior to the GFC, the cretinous Johnny Ho was already effectively in control of eBay and both eBay’s and Amazon’s shares were ~$40. How do these shares compare now? AMZN ~$533; PYPL ~$39; EBAY ~$28—LOL ... “Money, not morality, is the principle of commerce …”—Thomas Jefferson. Demonstrably, that principle applies, in spades, to both eBay and “PreyPal” … And, not even the criminal code gets in the way of commerce at eBay Inc. eBay will directly cheat sellers, and calculatingly facilitate and aid and abet the defrauding of buyers by others as long as there is a benefit in such activity for them—Google “Shill Bidding on eBay: Case Study #5” … eBay’s naïve fanboys and paid shills should worry; in five years time when the current exclusivity agreement between these two unscrupulous commercial entities expires, they will both most likely be by then in the palliative care ward, and methinks that Carl Icahn may be by then applying reverse pressure to get (then) PayPal’s cretinous Johnny Ho to agree to allow eBay to re-buy the dying “PreyPal”, or for “PreyPal” to buy the dying eBay, (either way for 99c) so that they can both better attempt to continue underwriting each others’ atrophying revenues … And, eBay looks set to take a ~$1.5 billion bath on the sale of its Enterprise unit for $925 million. Needless to say this unit was another of the cretinous Johnny Ho’s brilliant acquisitions … The eBay executive suite—where the incompetent mingle with the disingenuous, the malevolent and the outright criminal, and the just plain stupid …

InvestorPlace : PYPL: 3 Things to Know About the New PayPal Stock

Fri, 24 Jul 2015 22:17:35 +0000

Ah, an intellectual response (from an eBay shill?); regardless, you'll win not many debates with moronic responses such as that ...

InvestorPlace : PYPL: 3 Things to Know About the New PayPal Stock

Fri, 24 Jul 2015 18:25:50 +0000

The reality is, the eBay/PayPal “split” is no split at all, these two clunky operators are effectively still joined at the hip and, neither has much future; not even PayPal once the sham “spin-off” arrangements between these two unscrupulous entities eventually expire, and, even without the destructive guiding hand of the ex Bain & Co. cretin, Johnny Ho, the eBay marketplace will undoubtedly continue on its journey down the toilet … PayPal may presently be number one in the eyes of many naïve online payers but not so in the eyes of many of the small business payees that invariably bear the brunt of PayPal’s clunky, unregulated, faux "banking" operations. The fact is, “PreyPal” is licensed only as a “money transmitter”, not as a “bank” and, in the main, operates as an intermediary, a “merchant of sorts” (PayPal’s own words) that rides, parasitically, on the back of the retail banks’ existing payment systems via a credit card merchant account with one of those retail banks … The reality is, these two unscrupulous commercial entities still very much need each other; in particular, the clunky “PreyPal” desperately still needs the business it gets from eBay—hence the five-year exclusivity agreement put in place to try to maximise and underpin PayPal’s market value; regardless, as eBay continues to atrophy, as indeed it undoubtedly will, so too will “PreyPal” atrophy, and if “PreyPal” does not simply whither away along with eBay, then there are now a number of other more professional operators that are presently preparing the hole in the ground for clunky PayPal’s ultimate interment … Undoubtedly, Apple Pay, Samsung Pay, Android Pay, et al, will soon enough overwhelm PayPal’s petty and clunky contribution to mobile payments (next time you visit Home Depot, ask the cashier how “Pay Here With PayPal” is going—LOL); methinks Facebook Payments will likely soon bury PayPal in the person-to-person (C2C) payments sphere (David Marcus certainly made the right move); and the new online retail payments offerings direct from the world’s retail banks via MasterCard (“MasterPass”) and Visa (“Visa Checkout”) will eventually bury PayPal’s online payments operations also—except on the likes of the atrophying eBay marketplace where PayPal’s “spin-off” from eBay—a spin-off that eBay’s Johnny Ho fought tooth and nail against—will go down as the greatest commercial “pea and thimble” trick of the twenty-first century … Having said that, it should be noted that, being into the eighth (and final) year of his failed “three-year turnaround” of eBay, and in the process thereof having brought the eBay marketplace virtually to its knees, the cretinous Johnny Ho has now removed his destructive capabilities from eBay to the spun-off PayPal, and that being the case, potential long term investors should be warned that they invest in either eBay’s or PayPal’s future at their very great peril; indeed, existing eBay/PayPal shareholders should cash in their shares and run … In August 2007, prior to the GFC, when the cretinous Johnny Ho was already effectively in control of eBay, both eBay’s and Amazon’s shares were ~$40. How do those shares compare now? PYPL ~$37; EBAY ~$28; AMZN ~$548—LOL ... “Money, not morality, is the principle of commerce …”—Thomas Jefferson. Demonstrably, that principle applies, in spades, to both eBay and “PreyPal” … And, not even the criminal code gets in the way of commerce at eBay Inc. eBay will directly cheat sellers, and calculatingly facilitate and aid and abet the defrauding of buyers by others as long as there is a benefit in such activity for them … Google “Shill Bidding on eBay: Case Study #5” … eBay’s fanboys and paid shills should worry; in five years time when the current exclusivity agreement between these two unscrupulous commercial entities expires, they both most likely will be by then in the palliative care ward, and methinks that Carl Icahn will be by then applying reverse pressure to get (then) PayPal’s cretinous Johnny Ho to agree to allow eBay to re-buy the dying “PreyPal”, or for “PreyPal” to buy the dying eBay, (either way for 99c) so that they can both attempt to continue underwriting each others’ atrophying revenues … And, eBay looks set to take a ~$1.5 billion bath on the sale of its Enterprise unit for $925 million. Needless to say this unit was another of the cretinous Johnny Ho’s brilliant acquisitions … The eBay executive suite—where the incompetent mingle with the disingenuous, the malevolent and the outright criminal, and the just plain stupid …

InvestorPlace : How Long Will EBAY Stock Survive After PayPal Spinoff?

Sat, 13 Jun 2015 19:34:22 +0000

For a variety of reasons, the reality is, eBay has little PayPal-free future, and likewise PayPal has little eBay-free future ... And, don't forget the ugly reality of eBay’s demonstrable, calculated, facilitation of endemic shill bidding fraud on consumers on its auctions marketplace … http://bit.ly/11F2eas

InvestorPlace : You Can't Trust eBay

Mon, 8 Jun 2015 18:37:23 +0000

Never a truer article has been written; but don't be misled, eBay is an equal-opportunity fraudster; they will facilitate, and aid and abet before and after the fact, the defrauding of both buyers and sellers, as long as there is a benefit in such fraud for eBay ...

Dealbreaker : Carl Icahn Summarizes His eBay Argument With A Series of Exclamation Points

Sun, 16 Mar 2014 00:35:20 +0000

“How to complain about PayPal in the UK” As a matter of interest, another (currently) 410 negative comments on “PreyPal”—well worth a read for any merchant that has not yet had a problem with “PreyPal” because, when you eventually do have that problem, it could well be a serious problem … http://www.mukaumedia.co.uk/complain-paypal-uk/

InvestorPlace : EBAY Stock - A Smart Bet After Killer Cyber Monday Results?

Thu, 5 Dec 2013 21:49:14 +0000

Frankly, if you were not observing the ongoing eBay slow train wreck with your own eyes, you simply would not believe it. No one with any intelligence could, for so long, continue driving a business down the toilet the way the eBay marketplace is currently being driven. What then is the reason? I can only assume that HAL has indeed read their lips and has preemptively wrested control of eBay from these incompetents—too bad HAL’s logic algorithms are even more greatly flawed than those of the headless turkey, Johnny Ho, that started the down-hill slide in 2008 … And what does the smart money on Wall Street think about all this? Well, in late 2007 the share prices of both eBay and Amazon were ~$40. On 5 Dec 2013, eBay was ~$51 and Amazon was ~$385. What more do you need to know? But, seriously, what more telling evidence does anyone need of the damage that this cretinous, narcissistic, sociopathic Johnny Ho has inflicted, and is continuing to inflict, on the once great eBay marketplace? … eBay / PayPal / Donahoe: Dead Men Walking ...

InvestorPlace : Ebay-Paypal: A One-in-a-Million Deal

Tue, 16 Apr 2013 04:41:14 +0000

Did this story come directly from the eBay Dept of Spin? If you read the reader comments about eBay on any article that has comments enabled you should understand that the eBay Marketplace is in fact continuing to atrophy: the sell though rates are abysmal, notwithstanding eBay’s disingenuous efforts to obfuscate same. As far as PayPal is concerned, it’s not the MasterCard “fee” that will cause PayPal any real pain, it is MasterCard’s “MasterPass”, the professional online/POS payments gateway/app that is going to put PreyPal back into its eBay coffin … http://bit.ly/UVXx53 Regardless, look out for the smoke and mirrors on Wednesday evening …

Mobile Marketing Watch : comScore Sees Widening Digital Wallet Adoption

Sat, 9 Feb 2013 07:07:25 +0000

It is very early days for the even more versatile and “professional” digital wallets from Visa and MasterCard, but they are coming (can you hear that rumbling sound?), and if anyone thinks that all those online merchants that already have a merchant account with a real bank will not take up and offer a Visa or MasterCard online digital wallet in place of the clunky PreyPal, they are as delusional as eBay’s John Donahoe and PreyPal’s David Marcus … LOL Of course PreyPal is known by a great many people, favourably by many payers, and unfavourably by very many payees. Foolishly, Visa and MasterCard allowed PreyPal a ten-year start, and the advantage of being effectively mandated on eBay has not hurt PreyPal either. But, in the long term, that will not be enough to allow this utterly clunky middleman to succeed any further now that Visa/MasterCard are in the digital wallet race … http://bit.ly/UVXx53 But, if anyone thinks otherwise, now is the time to take out that margin loan and buy lots of eBay stock—while the insiders are selling off their gifted bonus shares … LOL eBay / PayPal / Donahoe: Dead Men Walking ... http://bit.ly/11F2eas

Mobile Marketing Watch : eBay Turns to Mobile for Same Day Shipping Effort

Mon, 6 Aug 2012 22:28:01 +0000

“eBay Now”—Another dose of nonsense from the desperate “eBafia Don” and his eBay Dept of Spin … And, if you need a demonstration of the desperation and utter unscrupulousness, indeed criminality, of eBay, take the tour ... “Shill Bidding on eBay: Case Study #5” http://www.ecommercebytes.com/forums/vbulletin/sh... eBay / PayPal / Donahoe: Dead Men Walking_

Mobile Marketing Watch : eBay Mobile Sales Spike 300% in 2010

Sat, 8 Jan 2011 09:14:38 +0000

My problem with this story is that I take everything that comes out of the eBay Dept of Spin with a grain of salt. Who cares if consumers are going mobile if previously those same consumers were using their PCs. The point is, is anyone benefiting from this development; is eBay benefitting from this development, or is eBay, relative to all other e-commerce, still going backwards. eBay/PayPal/Donahoe: Dead Men Walking.

Mobile Marketing Watch : eBay Mobile Sales Spike 300% in 2010

Fri, 7 Jan 2011 21:11:37 +0000

More disingenuous nonsense from the eBay Dept of Spin. What does this increase actually mean? Where did this increase come from? At the cost of a loss elswhere? Did eBay actually increase its sales? “Online Holiday Spending Up 12% to a Record $32.6 Billion”—WSJ But how much up is eBay’s Marketplace sales? Five percent? There will be no records broken here at eBay. In other words, relatively speaking, eBay is still going backwards under the policies of the current chief headless turkey, John “Noise” Queeg-Donahoe. Well done John, keep up the good work for Mr Bezos.

9 to 5 Mac | Apple Intelligence : Over $100K deposited via PayPal Check Capture in first 36 hours

Fri, 8 Oct 2010 23:37:47 +0000

Seriously, who in their right mind would choose to deposit a check (are people still using checks?) directly into their PayPal account? Surely, an unnecessary, and extremely risky, intermediate step for the collecting of funds from a cheque. A detailed examination of and prognosis for PayPal, (including a link to the “PayPal Horror Tour”) at: http://forums.auctionbytes.com/vbulletin/showthre... Shill Bidding on eBay: Case Study #4 This latest study provides an indication of eBay’s desperation to mitigate lessening sales activity and very effectively demonstrates eBay’s effective aiding and abetting of criminal shill bidding “wire fraud” activity by unscrupulous professional sellers on unsuspecting buyers: http://forums.auctionbytes.com/vbulletin/showthre... eBay/PayPal/Donahoe: Dead Men Walking.

United Press International - UPI.com : Under the U.S. Supreme Court: Software is like beer -- you just rent it - UPI.com

Sun, 19 Sep 2010 15:00:42 +0000

Not only that, but as this matter has not yet been to the US Supreme Court, how misleading is this heading? Very poor journalism and/or editing ...

WebGuild : eBay Bans Google Checkout From Its Sites

Wed, 1 Sep 2010 22:45:12 +0000

eBay’s many problems are hardly worth discussing any more. Clearly, the headless turkeys have taken over the eBay farmyard and since the incompetent sociopath John Donahoe has been given a key to the larger “disabled” cubicle in the executive wash room, eBay has every quarter, relatively speaking, been flushed further and further down the toilet. Since April Fools Day (how apt!) and the dumping of store items into core, eBay’s new Utah data center has apparently been effectively crippled or, if it is functioning as planned, it’s a very strange plan. Regardless, it would appear that the eBay whale is high and dry on a beach somewhere, has died, and is now starting to stink. Shill Bidding on eBay: Case Study #4 This latest study demonstrates eBay’s current utter desperation for revenue; and, once again very effectively, eBay’s effective aiding and abetting of this criminal activity, at <url> ;http://forums.auctionbytes.com/vbulletin/showthread.php?t=23540</url> eBay/PayPal/Donahoe: Dead Men Walking.

TechCrunch : PayPal-Backed BillFloat Launches, Secures $4.5 Million Series A Round (Exclusive)

Thu, 15 Jul 2010 06:11:41 +0000

Also, unlike all other payments processors operating in Australia, Pay-Pal has declined to sign up to the payments processors’ “Code of Conduct”. The clear message therefrom is “users beware”! The fact is, had the original developers of the “bankcard” concept ever behaved the way Pay-Pal behaves, credit/debit cards would never have gotten off the ground, and we would still be paying for all our purchases with pieces of paper and little metal discs. A detailed examination of and prognosis for Pay-Pal (including a further link to the “Pay-Pal Horror Tour”) at: http://www.auctionbytes.com/forum/phpBB/viewtopic... eBay/Pay-Pal/Donahoe: Dead Men Walking (already brain dead)