When EBAY was blow torched this week after AAPL unveiled Apple Pay at their investor event on September 7th, I saw the knee-jerk fear that Apple Pay would take down PayPal as one to raise an eyebrow, however considering the possible number of iphone6 and Apple watch sales (because it won't be available on current Apple products) versus worldwide usage of PayPal, this would not something that would immediately destroy the EBAY name. On Wednesday I jumped in on EBAY calls (cheap at that point) feeling the reaction was over done.
Booyah! Was I glad today that I did. Dumb luck is definitely better than no luck at all.
Not only are other market participants now beginning to question the depth of impact from Apple Pay (again only available on the new iPhone6 or Apple Watch), but it's overall security in a day and age of endless hackers when it comes to one's digital wallet replacing their plastic card and cash.
Then today the news hit when EBAY announced they are set to launch an