Did you read or listen to the Earnings Conference Call? You must be one of those guys headed to Wal Mart fo fill out your application and start earning on the penny program ... I'm someone that works this full time and I make a buckload of money. Don't sell!
people on the conference calls are USUALLY the employee of the company, who has nothing but high regards for the company...hold on to your one share....keep buying..double down and buy one more..since u have a job..ohh..maybe you were the one that was included in the job report today..and might be added again next month in unemployment report ;)
I agree that the value of the company is not reflected in its price. I believe that 3 analysts upgraded the stock and just one person from GS went the other way. His downgrade though was all to do with macroeconomic conditions affecting the company and was NOT a comment about the company or its ability to execute.
So the question should be who knows more about trends in the leisure travel industry in Europe and the Third World; a dweeb who sits at his desk in New York or a company with thousands of feet on the ground who has a history of great execution and whose survival depends on constant monitoring of the climate for its services?
I would take Priceline any day, along with all the other analysts.