Closing 2 Trades (TRIP, YELP, PCLN, TZOO)

By: ispeculatornew
Date posted: 08.07.2017 (8:59 am) | Write a Comment  (0 Comments)

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This morning, I will be closing 2 trades that are currently beyond their stop. One winning and one losing trade:

Jan 4th: Long Tripadvisor (TRIP) vs Short Yelp (YELP):  This trade currently stands at -32.79% on the back of an incredible jump by YELP following its latest earnings and specifically its decision to sell its Eat24 business to Grubhub.

March 16th: Long Priceline (PCLN) vs Short Travelzoo (TZOO):  This one currently stands at +28,59% and its incredible how reliable of a play being long Priceline (PCLN) has been over the past couple of decades. Just stunning and I’d actually bet that will continue.

 

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