PCLN

The Priceline Group's buy rating reiterated at Cantor Fitzgerald.

 

Not acting well last few days. I wouldn't short PCLN here, but would definately lighten up on position size or just dump it all and look elsewhere.

 

Agree... its a fucking trap..... the pig is going to run bigtime. If I wasn't VZ... I'd go long. But I just can't do that based on the fact that it is a pig.

This one is gonna murder the shorts. Intraday its OK to play short..... but never overnight. The trap is being set. Its gonna sting some serious shorts. I see it coming.

 

if the market was flat this would be up +20 right now...

 

Agree.... this thing is not to be shorted anytime soon. Its overvalued as all get-out... but right now its a manipulation game. I rarely go long anything, and I am not making an exception in this case, but this one is going higher.

 

Check it out.... $1444.... I knew I smelled a bear trap

 

And this one.... if it was going to squeeze.... it wouldn't be at $1419 as I type. Safe to short again.

 

Picked up some $1430 puts @11.70

 

$18.10 now.

 

$1389(or lower) on the underlying w/i 2 weeks.