Company management cautioned in their last earnings call about lower growth rates going forward. Considering the almost 30% up move since the last report I would be a little more concerned about a possible miss and not expect such a move to repeat itself.
Priceline.com Should Be Avoided At Its Current Price [View article]
I agree. PCLN is overpriced after its parabolic 65% run since December, so taking profits here is the prudent thing to do.
Management was cautious about their earnings growth. Even if their EG is better than they expect it certainly does not justify a 65% price increase in three months.
Apple is the darling of the momentum buyers right now. Once that momentum slows, and it will with all the headwinds the world facing, the stock price will correct substantially.
Baidu Q4 Earnings Preview: Expect In Line Results, Mobile Internet As The Next Catalyst [View article]
Baidu to announce Q4 earnings on Feb 16 AH.
From their website:
BEIJING, Feb. 1, 2012 /PRNewswire-Asia/ -- Baidu, Inc. (Nasdaq: BIDU), the leading Chinese language Internet search provider, today announced that it will report its financial results for the fourth quarter ended December 31, 2011, after the U.S. market closes on February 16, 2012. Baidu's management will hold an earnings conference call at 8:00 PM on February 16, 2012 U.S. Eastern Time (9:00 AM on February 17, 2012 Beijing/Hong Kong time).
Priceline Has Huge Growth Potential In The European Online Travel Market [View article]
Priceline: A Long Term Buy On European Recovery [View article]
Priceline: Highest Returning Protected Covered Call [View article]
Priceline.com Should Be Avoided At Its Current Price [View article]
Management was cautious about their earnings growth. Even if their EG is better than they expect it certainly does not justify a 65% price increase in three months.
Apple: A Small Dose Of Reality [View article]
Apple is the darling of the momentum buyers right now. Once that momentum slows, and it will with all the headwinds the world facing, the stock price will correct substantially.
Baidu Q4 Earnings Preview: Expect In Line Results, Mobile Internet As The Next Catalyst [View article]
From their website:
BEIJING, Feb. 1, 2012 /PRNewswire-Asia/ -- Baidu, Inc. (Nasdaq: BIDU), the leading Chinese language Internet search provider, today announced that it will report its financial results for the fourth quarter ended December 31, 2011, after the U.S. market closes on February 16, 2012. Baidu's management will hold an earnings conference call at 8:00 PM on February 16, 2012 U.S. Eastern Time (9:00 AM on February 17, 2012 Beijing/Hong Kong time).