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The Priceline Group Inc. Message Board

  • mayerbci mayerbci Mar 14, 2012 9:01 AM Flag

    New chance to buy or not?????

    It sure looks like priceline.com is taking a breather and will slide back. When it's back 15-20 points might it be time to buy more?

    I'm nervous about buying now when the stock seems to be taking a break and losing volume and upward movement. Seems to take violent slides back and then recovers with sidwayes trending.

    Could there be any large groups dumping or starting to? I don't want to be the last in this stock before it crashes.

    Thoughts?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Who's dumping shares?? By my count, in the last 45 days, there have been only 4 days of above average volume (10+% average volume) on days the price went down. And, one of those days was the day after it broke out, which is normal profit taking. Compare that to 10 days of above average volume on days the price went up and I don't see much institutional selling.

 
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