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Feels like the first time

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ragingbull.com

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support@ragingbull.com

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Tue, Nov 26, 2019 01:33 PM

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Hey there carnivores, Markets were back on the rise to start the short week. And today we’re ta

[The beef 675] [I'm an image] “StubHub was only worth approximately $500k before fees and surcharges...” - Jeff, still angry about how much he paid for tickets last week on StubHub [Read The Beef Online - Click Here]( Hey there carnivores, Markets were back on the rise to start the short week. And today we’re talking eBay selling StubHub. Keep raging, Jeff & Jason [Image] [I'm an image] Feels like the first time Here's a fun fact to share around the Thanksgiving table: eBay owns StubHub. Well... it did. eBay [announced]( that it is selling StubHub to Swiss-owned Viagogo Entertainment for $4B. The true value of the company was probably much less before the handling fee, broker surcharge, convenience toll, existence dues, and of course, taxes, were factored in. It’s not a bad haul for eBay which bought StubHub in 2007 for $310M. I love the smell of ROI in the morning. StubHub will be reunited with its co-founder Eric Baker, who now leads Viagogo, a similar ticket-broker-company. Don’t make me do it The sale wasn’t exactly eBay’s idea. Activist investors Elliott Management and Starboard Value bought into the company in January and have been [calling]( for the auction site to get back to its roots. eBay has also been looking for bidders for its internationally focused Classified business but there haven’t been any “YUUUUUUUPs" to date. What's the activist's beef? You see, the online version of ‘Antiques Roadshow’ isn’t exactly raking in the cash. Overall, it’s been a rough year eBay. CEO Devin Wenig stepped down in September thanks to a disagreement with Elliot and Starboard related to the sale of the aforementioned businesses, and the company announced last month that it could suffer its first quarterly revenue decline in four years. Worst of all, in the third-quarter the bottom-line fell a whopping 57%. The bottom line... Flush with cash eBay should be able to keep the peace with activist investors... in the near term. But this isn't the first time that the preferred website of Ty Beanie Baby collectors has divested a fast-growing asset *cough* [PayPal]( *cough*. eBay’s stock closed up 2% yesterday on the news. Bottom line: “eBay is basically Good Luck Chuck.” [I'm an image] They said it (getting “The Boardroom” replay live) couldn’t be done. Then I remembered I’m the MFCEO … And it got done. Ladies and gentlemen, I present to you [“The Boardroom” replay](. We got the smartest guys in angel investing around a boardroom table and laid it all out for you. Are you ready to create generational wealth? [RIGHT THIS WAY...]( [I'm an image] ☑️ When it hasn't been your day, your week, your month, or even your year. Bitcoin is having a bad month. The crypto bucks [fell to]( $6,558.14 on Monday, the lowest since May. Since last month, the “currency” has dropped more than $3k in value as China is throwing its wrench in the gears of companies that operate in the cryptocurrency space. President Xi previously said he was open to blockchain tech, but apparently, he’s changed his mind. Communism is a fickle mistress. ☑️ No spots for you. If you were hoping for airtime during Fox’s broadcast of Super Bowl LIV, [you’re SOL](. The network ran out of inventory on Monday, locking out anyone who might have been holding out for better prices. 30-second spots sold for $5.6M, up from the $5M going rate last year. ☑️ Not in my house. HP [has rejected]( Xerox’s $33.5B takeover attempt. The board of directors for the computer maker sent a letter to Xerox accusing them of “significantly undervaluing” the blue-chip chip maker. HP called the deal “highly conditional and uncertain.” Xerox previously made an unsolicited offer to HP for $22 per share and stated that if HP rejected its offer that it would take the matter hostile. Whoa, whoa, whoa, no one needs to get hurt here... ☑️ We’ve got good news and bad news. Facebook and Twitter have some bad news for users: [their data may]( have been improperly accessed by apps operating in the Google Play store. Security researchers that had been playing with a development kit called One Audience found that it had been giving third party devs access to personal data. The good news? It was just email addresses, usernames, and most recent tweets ... not anything important like your private Pinterest boards. The only users affected were those that used Twitter to log into apps like Giant Square and Photofy. And let’s be honest, if you’re giving your login info to apps called Giant Square and Photofy, you’re kinda asking for it. RagingBull, LLC 62 Calef Hwy. #233, Lee, NH 03861 Neither Raging Bull nor RagingBull.com, LLC (publisher of Raging Bull) is registered as an investment adviser nor a broker/dealer with either the U. S. Securities & Exchange Commission or any state securities regulatory authority. Users of this website are advised that all information presented on this website is solely for informational purposes, is not intended to be used as a personalized investment recommendation, and is not attuned to any specific portfolio or to any user's particular investment needs or objectives. Past performance is NOT indicative of future results. Furthermore, such information is not to be construed as an offer to sell or the solicitation of an offer to buy, nor is it to be construed as a recommendation to buy, hold or sell (short or otherwise) any security. All users of this website must determine for themselves what specific investments to make or not make and are urged to consult with their own independent financial advisors with respect to any investment decision. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. All opinions, analyses and information included on this website are based on sources believed to be reliable and written in good faith, but should be independently verified, and no representation or warranty of any kind, express or implied, is made, including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. In addition, we undertake no responsibility to notify such opinions, analyses or information or to keep such opinions, analyses or information current. Also be aware that owners, employees and writers of and for RagingBull.com, LLC may have long or short positions in securities that may be discussed on this website or newsletter. Past results are not indicative of future profits. This table is accurate, though not every trade is represented. Profits and losses reported are actual figures from the portfolios Raging Bull manages on behalf of RagingBull.com, LLC. If you no longer wish to receive our emails, click the link below: [Click Here to stop receiving emails from support@ragingbull.com]( [Unsubscribe from all RagingBull emails](

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