Priceline (PCLN) gets the Barron's treatment with a cover story arguing a profit squeeze is set to hit the highflier and its online travel site competitors, Expedia (EXPE) and Orbitz (OWW). One new source of competition is Google (GOOG), where search results now showcase prices, destination details, and even a "booking button." [View news story]
Sell priceline, its going to be back to $550, even at that price its too expensive.
Why I Think Priceline Is Poised For Additional Upside [View article]
Priceline is way overpriced and it will fall back to $625.00, market has been going up from the last few days, correction will soon come. Priceline has already warned about this quarter, even if they beat the $7.06 they are expected to earn they wont beat by much, and stock will fall.
Priceline (PCLN) gets the Barron's treatment with a cover story arguing a profit squeeze is set to hit the highflier and its online travel site competitors, Expedia (EXPE) and Orbitz (OWW). One new source of competition is Google (GOOG), where search results now showcase prices, destination details, and even a "booking button." [View news story]
too expensive.
Why I Think Priceline Is Poised For Additional Upside [View article]
has been going up from the last few days, correction will soon come.
Priceline has already warned about this quarter, even if they beat the $7.06 they are expected to earn they wont beat by much, and stock will fall.