PCLN

I wondered why their price is so high...so they don't pay dividend but pay all their earnings to their shareholders.
Growing competition and little growth indicate that their upcoming earning will be lower.
What a good analysis !
I do think it's time to short the stock(or buy the put option?) !

 

if it surpass this resistance point it is headed higher

 

What kind of volume would that have to be on though? Its pretty thin of late.

 

$1312.50

 

I don't know how to play this thing over earnings. The puts are just too rich for my blood, but I KNOW this pig is gonna tank bigtime.

Any ideas?

 

small scalp on calls early then jumped out. Spread is ridiculous lately

 

You got that right.... that sucker jumps like all get out. One can be wiped out in a minute if you play DITM calls or puts, which is what I like to play.

 

$1314.... lol

where's Tradecat today? Walkin around bein' nasty to people?

 

Well, something must have happened over at priceline.....Down $26 After Hours lol. Oink.

 

Going to short everything related to travel Changed tax brackets over the last year. Feel like an ambulance chaser but it's working