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Expedia Inc. Message Board

  • davidkleinusa davidkleinusa Oct 31, 2013 8:08 AM Flag

    SELL revert to 54 technically and fundamentally

    declining net and not a great report. on top of a lawsuit and history of not so good quarters

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    • I don't think the opening gains will last for the reasons you mention, and technically as well. I don't think they gave any guidance, so how do investors know what their business looks like going forward?

      I think the street got this right with the chart; shorts will cover with the report, but there are still way too many headwinds. I wouldn't be surprised to see the stock close today with maybe a small gain, then resume the downtrend tomorrow and next week.

 
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