What's Up With PCLN Rally?

Mar. 27, 2012 12:05 AM ETBKNG
shina2344 profile picture
shina2344's Blog
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Contributor Since 2012

Past few weeks have been terrific for PCLN. recently analysts from Piper Jaffray cited that this stock would hit $1000 in next 2 years.

While the company has a lot of growth potential in europe and emerging nations, I am still very curious if this is rather too quick upward momentum for PCLN? Only market will decide if this is sustainable?.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

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