Closing Trade ($EXPE, $TZOO)

By: ispeculatornew
Date posted: 07.21.2014 (2:30 am) | Write a Comment  (0 Comments)

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Over time, I’ve grown more and more sceptical of businesses that have little to no barriers to entry. Travelzoo (TZOO) feels like one of those businesses and the most recent earnings release was very bad. I don’t see any of that changing in the near future. This morning, I’ll still be closing out this trade on Expedia (EXPE) and Travelzoo (TZOO), taking profits off of the table on this one.

TZOO Chart

TZOO data by YCharts

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