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Technology Stocks : Booking Holdings (formerly Priceline)
BKNG 4,940+0.8%Nov 7 9:30 AM EST

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To: Victor Lazlo who wrote (2309)3/6/2000 11:25:00 PM
From: S. M. SAIFEE  Read Replies (1) of 2743
 
Victor..

I was actually short March 65 call (covered) at 1/2, bought it back at 5 and shorted March 75 puts at 10...today covered my short puts at 1 and still long my stock...loveor hate this company but the chart is very bullish..stock was trading between 55 and 65 for 6 months with couple of spikes up and down so today's break out was like coiled spring, the momentum combining with hype by the CEO and analysts plus add the fuel of shorts and you get the picture...MACD just turned positive so more to go on upside... I like the company because I get cheap air line tickets...fun doing shopping on PCLN
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