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Expedia Inc. Message Board

  • mayerbci mayerbci May 9, 2012 6:09 PM Flag

    Well there's nowhere to go but down now

    EXPE should have slid back more but has been holding up because everyone was anticipating PCLN earnings and outlook. So the bellweather just announced a poor outlook going forward.

    Unless fools rule this market EXPE should slide and not recovery. $35 within a week.

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    • EXPE will be 45+ in few days, imho.

      • 1 Reply to downtolastdollar
      • Could you give me five reasons why? Be as analytical as possible including the economic environment, Priceline's guidance going forward, EXPEs recent run-up on only 12% increase in revenues. Let's make it simple...why would you buy EXPE if you only think it could hit $45. The odds are way in favor that it's $35 before $45. What would the driving force to push it up? Then list all the reasons why it old go down and you'll likely change your mind. Sometimes we wish things to go our way so we focus on ideas to validate your ideas and forget to be truly objective.

        I think the only reason that it's holding up is because the short interest is so hot. But, Priceline's guidance might put a huge hangover over the whole travel business and there's a good chance of increasing downward pressure. All EXPEers were holding out for a bloutout PCLN report and expected a sympathy run up.. Well that's a bust so now what reason remains to hold or buy EXPE.

        At best I see it at $38 by next week. Only chance is the high short interest to keep it propped up. But also realize such a high short interest means sentiment is very low and usually it's because it's a real poor investment..

        Well soon see. Good luck.

        JMHO too.

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