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

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

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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.

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