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The Priceline Group Inc. Message Board

  • ggray1956 ggray1956 Mar 8, 2013 9:24 AM Flag

    Where does PCLN get there revenue flow...overseas?

    I know the upper class are traveling more, but I see that offset by millions of middle class staying home to pay the bills. This revenue stream bothers me. Where is it actually coming from and who audits there books? I know shorts are getting killed in this stock, but I think that will change real fast if they look closer. This is a momentum stock with a fairly pricy PE, and the correction that's way overdue will put a halt to its continued climb. Have you seen the puts lately? Sounds to good to be true. What are peoples brokers telling people. All the bad news is absent from the headlines. Do you think there is a free press, duh, its paid for also and currently everything is rosy on paper. I shorted 1 share at $575 to monitor long term patterns and at that time it was a long shot. After digging deeper, I think even that 1 share will make money...VERY SOON!!! I think I am going to back the short wheel base truck up to the dock.

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