Closing Trade on Priceline (PCLN) & Travelzoo (TZOO)

Intelligent Speculator By: IS
Date posted: 06.22.2010 (3:03 am) | Write a Comment  (0 Comments)

Print This Post Print This Post    Email This Post Email This Post    Post a Comment

As you saw in the quick news post yesterday, Travelzoo’s (TZOO) got crushed in yesterday’s trading and that was enough for us to reach our stop as we were short the stock against Priceline (PCLN). The trade currently stands at +21,71% return and will be closed at today’s opening! That also means next Monday will feature a new post. Still trying to figure out why Travelzoo lost so much yesterday but I have to say that I’m not complaining, the stock was overvalued.


Similar Posts:

If you liked this post, you can consider subscribing to our free newsletters here


No Comments »

No comments yet.

RSS feed for comments on this post. TrackBack URL


Leave a comment