WSJ says Ebay is about to do a big layoff. They characterized them as "deep" and "massive". But wait a second! I thought the economy was all hunky dory! What gives with this? Growing companies do not have "massive" RIFs. While the shares are sporting a double top, it is not a declining one. The wave count on this one is hard to call but it will trade with the rest of the market.
Wednesday, December 10, 2014
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