Closing PCLN vs NILE
Quick note to let you know that I would now close out my recommendation from December 17th on going long Priceline (PCLN) vs short Blue Nile (NILE). It was intended to be a longer term play but with a return over 30%, I think it’s not the time to get too greedy on this one… might get into another similar trade later this week but for now, I’m out and happy with the profit.
More on this topic
(What's this?)
Hot Stocks: Priceline.com Shares Poised to Beam Up, Barron’s Says
(Contrarian Profits, 11/18/08)
IBD: Could Priceline (PCLN), Expedia (EXPE) Hit Headwinds?
(Fund my Mutual Fund, 2/23/10)
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Interesting article. Were did you got all the information from…