This is some fairly old school Wall Street sell-side research stock picking, per Bloomberg: Priceline Cut at Deutsche Bank on Limited Upside; Expedia Upped 07:57 Priceline cut to hold from buy by Deutsche Bank analyst …
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Event: PCLN reports its Q3 earnings tomorrow morning, Tuesday, Nov 4th, before the open. The options market is implying about a 4.5% one day move, which is above both the 4 quarter average of 3% and the …
Continue readingPriceline has been in the doldrums for much of the past year. The stock was a bull market leader throughout 2009-2013, but has been missing from the leader board in 2014. Even with the Nasdaq’s rally …
Continue readingPriceline has been one of the bull market leaders of the past 5 years, which I detailed in a February earnings preview: PCLN has gone up almost twenty-fold in the past 5 years, going from …
Continue readingA couple of weeks ago we entered a mildly bullish trade in PCLN that looked to own upside calls that caught its next earnings report but sold the weekly same strike that expired just before …
Continue readingTo look at internet stocks today, one would think that it’s safe to get back in the water. Twitter is up 4% on a management shake-up, Netflix is up 6% on an upgrade from a …
Continue readingToday’s price action, SPX unchanged, Nasdaq down marginally but high valuation sectors like Solar (TAN -2.6%, SCTY -5%), Internet stocks (SOCL -1.5%, TWTR -4.5%, YELP -3%) and SaaS/CRM stocks (CRM -3%, NOW & WDAY -4%) acting noticeably …
Continue readingEvent: PCLN reports its Q1 earnings tomorrow before the open (the company has changed its earnings report from the afternoon to the morning). The options market is implying about a 5.25% one day move, which …
Continue readingHere is a quick recap of all of the trades that we initiated, closed, managed or expired in the week that was Feb 18th – Feb 21st:
Continue readingWe discussed PCLN’s incredible 5 year performance in yesterday’s earnings preview. Priceline is a stellar internet success story, and the stock has risen along with rising earnings over the past decade. Much of the performance …
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