According to the New York Times, eBay (EBAY) is getting back into the China auction business. I believe this is a good thing, and should help propel the stock a little higher. Hopefully, the company has learned a thing or two about the Chinese market since their last foray there. Then again, maybe my optimism is just wishful thinking.
Interestingly, there was a large block of 2MM shares that traded in the afterhours market. Anyway, have a good night.
*** Edit #1 ***
EBAY is moving higher today in a strongly down market. So, that's good.
I went ahead and covered the Network Appliance (NTAP) short at 31.25.