Monday, February 27, 2012

priceline

the company's financials are healthy. however, gas prices are going up. earnings report is out today, and the countdown is on.

i think expectations will be met due to recent holiday bookings, but a mild affirmation of guidance. this will drive the stock down. this stock is testing a 52-week high. there is a lot of risk involved in longing this stock during this week.

spring break, summer, whathaveyou... that is all in the future. this week, however, reactions will drive this stock down.

this all seems like rhetoric lol. i have a negative sentiment, that's all

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