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Forum - Wall Street Pit (Priceline - PCLN)    Stock Due Diligence for All

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From: PornStarTrader (Rep: 1508) reply to kcprintersDate: 08/07/2012 18:56
Forum: Wall Street Pit - Msg #2301087 - List PCLN msgs Thread #673438235 (Rec: 0)
Re: KC, peeps called me crazy sayg $280 on CMG at $420.my record speaks volum...

As long as it doesnt go over $605 (My strike price)by Friday, I dont care where it goes. I never used Priceline so I never seen the value in them. Travelocity and even United website always has them beat. Since I fly out of Houston United's hub no need for me to check any other carrier.
For hotels only a Priority club credit card card is needed for best rates on all the hotels in mid to upper range.
If I am in a hurry and want cheap but quality I prefer Sleep Inn, better beds than the Hyatt. Again, no need to but anything with any third party. and beat PCLN prices hands down.
I wouldnt trust that guidance.



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Reply to kcprinters - Msg #2301084 - 08/07/2012 18:46

Re: KC, peeps called me crazy sayg $280 on CMG at $420.my record speaks volum...i will say I'll be shocked if this sees $500.....regardless any miss in 'guidance', they will be increasing eps 50% this year, and at $500, the market would only be giving it a PE of 16? I'd expect $600 before I see $500 - similar to the AAPL earnings reaction IMH. Tomorrow should tell the story.
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