Thursday, August 16, 2012

PCLN, LNKD

LinkedIn (LNKD) has not followed through the way it is supposed to, so I sold it and bought Priceline.com today instead.  Priceline (PCLN) recently took a big hit in its stock price for barely missing its earnings estimate, and it is now at very attractive prices. It could easily climb another $150-200 in the next 6-10 months.  Also, in the last several days, the stock has steadily climbed.

For an excellent article detailing reasons why Priceline is such a good buy here, go to: 
http://seekingalpha.com/article/811591-the-price-is-right-for-priceline?source=yahoo