Closing CTRP vs EXPE

By: ispeculatornew
Date posted: 11.12.2009 (4:14 pm) | Write a Comment  (0 Comments)

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ctrpQuick post to confirm that I will be closing out the trade on CTRP vs EXPE, as it has a +22,30% return as of today’s close. This is because of CTRP’s earnings announcements that surprised analysts to the upside. Income from operations is up 87% on revenues that increased 40%. Quite impressive from the online Chinese travel company and that was enough for shares to jump today while Expedia remained steady.

Other trades remained fairly stable:

GOOG-IACI +8,49%
BIDU-AMZN +4,64%

All for now! A new trade should be coming on Monday.

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