+ Watch CTRP
on My Watchlist
The Company is a consolidator of hotel accommodations and air tickets in China.
CTRP price has hit a historical floor...it has not seen these type of historical and forward looking valuations since it was trading at around $10/share back in late 2008 early 2009! The growth in the Chinese middle class will reward holders of a major travel provider like CTRP in the decades to come!
Wow...was I wrong about this one! Down -43.17 since pick started!With Priceline international sales going bonkers...can't quite figure out what is going on in China, revenue growth has been declining since Sep-2010 (reached peak of 50.5% to current 23.2%). I'm still looking at the long term picture and not selling out at these levels.
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