This post was just published on ZYX Buy Change Alert.
EBAY is long from $55.10. The stock is trading at $55.50 as of this writing in the pre-market. The buy zone was $54-55.50. Consider exiting the stock in the pre-market. the plan is to buy again on a dip in a new buy zone of $48 to $52.85. On a dip into this buy zone consider accumulating up to 50%.
The news is that Icahn has reached an agreement with the company. This does not negate our positive thesis on EBAY but it will take longer to realize the value.
