Priceline Group, Inc. (NASDAQ:PCLN)

CAPS Rating: 3 out of 5

Offering services from airline tickets to hotel rooms to car rentals, priceline.com allows buyers to name their own price.

Recs

3
Player Avatar tahoejack (< 20) Submitted: 2/25/2011 5:46:26 PM : Underperform Start Price: $460.75 PCLN Score: -103.08

The earnings of 73% yoy sent this high flyer into the stratosphere. The earnings were unbelievable. So much so that I don't believe them. I think there has to be some sort of book cooking. As somebody who uses these online services. I find PCLN service acceptable but nothing special compared to orbitz, hotwire, cheap tickets, kayak, etc. I think books are being cooked.

Report this Post 2 Replies
Member Avatar CraigMiles (< 20) Submitted: 3/30/2011 3:57:21 PM
Recs: 0

I agree M-Score = -1.824
Somewhere they cooked the books.
PCLN is not worth more than $300, hell I will say $400 just for a wide margin of error.
But I could be wrong, this could be the first stock that goes to infinity.

Member Avatar TMFDanielSparks (92.29) Submitted: 9/18/2012 5:21:02 PM
Recs: 2

You understand that the majority of their profits do not come from Priceline.com, right? They come from Booking.com... Booking.com is a huge deal in Europe. Those who have used it first hand in Europe several times no its power.

Featured Broker Partners


Advertisement