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The Priceline Group Inc. Message Board

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  • blust34442 blust34442 Jun 13, 2012 12:08 PM Flag

    The bots are walking this back up on a low volume squuuueeeeze

    Nonetheless, his opinion is valid. You can short PCLN or buy puts in the two conditions:

    1. PCLN jumps to above $665.

    2. PCLN falls below $590.

    In between $590 and $665, you have to stay on the sideline to let MM squeeze money from inexperienced traders. On condition 1, you can make a little money if you are nimble. On condition 2, you will make big money but it will only happen when most people are not expected it. Once PCLN falls below $590, it will test $530 in just matter of hours. $530 may hold. If not, we are talking lower $400's or higher $300's in a few days. That would be the great opportunity to make money in a very short period of time.

 
PCLN
1,259.85-7.61(-0.60%)12:31 PMEDT