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Swing Trading with Raul3

Raul3
I turn dials and fiddle with knobs to hone in on harmonic rotations
Joined Oct 26, 2011
4,121 Blog Posts

Priceline.com Down $100 Bucks on Bleak Q4 Forecast

Raul3 Mon Nov 9, 2015 8:14am EST 1 Comment

Analysts had the hopes set high for Priceline Group Inc (NASDAQ: PCLN) heading into these earnings.  And the company met these lofty expectations during the third quarter–they actually exceeded them.

However the earnings report also calls for a weak fourth quarter, which sucks, because everyone wants to see them kill it during the busy travel season.

As a result of this outlook investors are coming into the week with shares down over $100 or about -7% lower.

I will be keeping an eye on how investors respond to this gap down to aid my overall NASDAQ context.  Do PCLN investors get ‘Shat’ on all week?  Or is the gap bought up, a’la TRIP last Friday?

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One comment

  1. Javier Goldstein
    Javier Goldstein
    November 9, 2015 at 9:42 am

    I’d rather get Couco’d on than Shat’d

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