PCLN Sold! ==> $$$MR. MARKET$$$ is on fire!!

[mrmarket]

Today I sold PCLN at 281.87. That's a 15% gain over my purchase price of 244.44. That's a 15% gain in less than 3 months. That's an annualized gain of 65%. Over the same period, the S&P 500 was actually down 3%.

Ha ha ha ha....while $$$MR. MARKET$$$ makes money with great picks like Priceline, the market is LOSING money. That means all of those high paid index fund money managers are LOSING your money while $$$MR. MARKET$$$ makes money...

Market goes up..I make money. Market goes down..I make money. You? You? YOU???

I am HUGE! Bring me your finest meats and cheeses. I have 10 consecutive profitable trades of 15% or better. I am on fire...un fuego. I have had HUNDREDS of winners since I started this website. I am completely awesome.

So you want to see another pick? You? YOU?? YOU??? Sure..I'll give you a pick, but you must tell everyone who the greatest stockpicker of all time is. Let your friends know about my site. www.mrmarketishuge.com and tell them to sign up. Ok..just tell one to sign up. I want to see the membership double. Do your job and I'll do mine.

I am HUGE!!! Bring me your finest meats and cheeses.




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05-10-2010, 09:32 PM

For those of you who think William Shatner maxed out when he played James T. Kirk on Star Trek, think again. How could you have possibly forgotten TJ Hooker?:



And I am sure by now you are crediting your good health to Promise Margarine:



But most importantly, because of Bill Shatner, we all save money on hotels and airfares.



That’s right. Never pay full price for a hotel. NEVER! Just go to Priceline and you can always get 20% off of a hotel room. Priceline is awesome. Not only is Priceline awesome, Priceline stock is even awesomer.

Today I bought PCLN at 244.44. I will sell it in 4 to 6 weeks at 281.48. Here’s why I like PCLN:

First of all, look at this chart. It is ridiculous. Why is it going up so much? It’s going up because this company makes tons of money. Oodles and oodles of noodles.



Even though the stock has gone through the roof, its PE is still only 24.63. That means its’ cheap. Tonight the company reported earnings of $53.9 million, or $1.06 per share, on $584.4 million in revenue for the first three months of the year. That compares with earnings of $25 million, or 53 cents per share, on $462.1 million in revenue in the first quarter of last year. Excluding special items, Priceline posted earnings of $1.70 per share for the latest quarter. ANAL-ysts had expected the company to report a profit of $1.66 per share excluding items on $597.2 million in revenue

Now PCLN got crushed in after hours trading. Why? Because of the stupid volcano, that’s why. The volcano grounded lots of flights. If people don’t travel, they don’t use Priceline. Wow…how brilliant Sherlock. Priceline management said they weren’t going to hit their previous 2Q numbers. So of course everyone sold off after hours and $$$MR. MARKET$$$ gets stuck holding the bag. Boo hoo for $$$MR. MARKET$$$??? Of course not…unless this volcano keeps blowing its top for the end of time..which it won’t. What an amazing buying opportunity for all! Remember the movie 300? Someone has to take the arrows..might as well be me.

With the U.S. economy hurting, consumers are flocking to the discount Web site in droves, helping Priceline run rings around its rivals. Also,the shift in Europe away from booking travel with traditional agents and using online still has quite a ways to go, and Priceline has the lead in that market. They still don’t know how to cap that volcano though. Most of Priceline’s sales come from outside the US. (I didn’t know that, did you?).

The slowing U.S. economy and chaos in the airline industry have helped rather than hurt Priceline. Consumers are looking for more bargains. At the same time, airlines and hotels have more unsold inventory that can be unloaded in Priceline's blind bargain offerings that let consumers offer a price without selecting a brand. I use Priceline whenever I have to book a room for someone. What do I care where they stay, as long as I get a room cheap on my dime. About 80% of Priceline's gross profit comes from hotel bookings, most of it generated in Europe through its Booking.com property.

Something else you didn’t know:

· Last quarter earnings were up 54% from the same quarter a year earlier. And earnings growth has accelerated in recent quarters, with each quarter coming in higher than the previous quarter.

· Sales growth was 33% last quarter.

· The stock's return on equity is 42%.


Priceline thinks that travelers will find that summer airfares could be as much as 25% more expensive than last year, on average, and that's before factoring in extra fees for baggage, pillows, food and such. Travelers who want to save on air travel will need to plan ahead, be flexible and try different approaches to booking their trips.

Name Your Own Price continues to be a good choice for last-minute travelers who can't find an affordable fare. Despite the decrease in capacity, airlines are still flying with some empty seats, especially during off-peak travel days and times. Travelers are having success with last-minute priceline.com airline ticket bids that are up to 50% below the published fares. The deals are there. The key to finding the best deals is using Priceline's fare search tools to find the off-peak days and times where the bargains are likely to be. And the Priceline brand still resonates in the U.S., mainly from its pioneering name-your-own-price ticket service begun a decade ago when the firm was founded. Name-your-price continues to grow, especially in a weak economy as consumers look for ultra-low prices.

I only see blue skies ahead. Once that volcano is in the rear view mirror, we will be looking squarely at phenomenal earnings and revenue growth. ANAL-ysts projected EPS of $11.21 per share on revenues of 2.88 B. However, $$$MR. MARKET$$$ knows that PCLN will overcome this stumble and post earnings of $12.35/share on revenues of $2.95 billion. At the existing PE of 24.63, that projects to a share price of $304.18, which is well past my sale target.

Why trust me, listen to the boss:

The Company's worldwide businesses were able to maintain gross booking growth over 50% in the 1st quarter, powered by strong growth in hotel room nights, which increased 57% over last year," said Jeffery H. Boyd, priceline's President and CEO. "We believe all of our brands continued to gain share in hotel reservations during the quarter. International local currency bookings growth was 73%, representing continued high rates of transaction growth and stabilizing hotel room rates. Domestic growth at 16% came in at the high end of our range of guidance despite weaker results in opaque airline tickets and rental cars tied to reduced capacity in those markets."

Looking forward, Mr. Boyd said, "We are pleased with the strong growth reflected in our 2nd quarter guidance despite the impact of several negative external factors. The Iceland volcano caused widespread disruptions in air travel which resulted in a significant increase in hotel room cancellations for our Booking.com business. Civil unrest in Thailand has substantially impacted hotel room reservations in Thailand, which is a key market for Agoda and Booking.com's Asia business. Lastly, sovereign debt concerns in Europe have resulted in a significant decline in the value of the Euro as compared to the U.S. dollar which adversely impacts our financial results as expressed in U.S. dollars."

"These external factors notwithstanding, we are pleased to see some improvement in hotel occupancy and average daily rates which are hopefully signs of improved consumer demand as we enter the summer travel season. We continue to focus on growing our global hotel business by expanding into attractive geographic markets, adding hotel supply and integrating supply across our businesses. We also concentrate on effective marketing to build our brands while continuously improving our service to customers by adding content and innovative functionality. We believe the company's worldwide hotel platform is well-positioned to build share in global online hotel reservations."

Alright alright, like trying to sneak out a wet fart, I gambled and lost getting in before earnings, but before long, I will be drinking Trania and laughing like Clint Howard in the Corbemite Maneuver. I am HUGE!!!

$$$MR. MARKET$$$

[billyjoe]

How can any mortal be so huge? It can't possibly happen. Up 50 points in half a day. Do my eyes deceive me? Is it true? I'm speechless.

----------billy

[rmnguyen]

Mr. Market,

When you sent your initial buy alert on 5/10 at $244, you said it would go to $281 in 4-6 weeks. Instead, on 6/9 and as late as 7/1 PCLN was at $173, a 30% loss! a 15% gain over almost 3 months while taking 30% pain is poor risk management. I'm sure many of your subscribers got killed. You never even sent out one update on how the stock is doing to your panicked subscribers. If you had alerted the buy below $200, or if you had cut losses quick and went back in later at a more favorable price you could say you're a great stock picker. Instead, you're just dangerous and I wouldn't recommend you to anyone.

Richard Nguyen

[mjrichmo]

rmnguyen,

Let us know when you find the exact formula for making money on stocks. Mr. Market continually makes his OWN stock picks and shares them with us. The volcano news killed the stock earlier, then it was undervalued even more. You do not see stocks jump 50 points in a day unless it is price compensation. The fact that he is able to pick stocks continuously and reap 15% profits in down markets is astonishing. If you don't like his picks, kindly remove yourself from this website.

[mjrichmo]

i almost forgot.

Mr. Market is HUGE.

[mrmarket]

Mr. Market,

When you sent your initial buy alert on 5/10 at $244, you said it would go to $281 in 4-6 weeks. Instead, on 6/9 and as late as 7/1 PCLN was at $173, a 30% loss! a 15% gain over almost 3 months while taking 30% pain is poor risk management. I'm sure many of your subscribers got killed. You never even sent out one update on how the stock is doing to your panicked subscribers. If you had alerted the buy below $200, or if you had cut losses quick and went back in later at a more favorable price you could say you're a great stock picker. Instead, you're just dangerous and I wouldn't recommend you to anyone.

Richard Nguyen

Richard,

Thanks for your note. If I think a stock is not fundamentally sound, I sell it. I held Priceline because I had a very good feeling that they would continue there revenue and earnings growth.

If you had been following Priceline closely, you'll remember that a lot of their revenues were clipped by that stupid volcano in Iceland. We chatted about it on this thread.

Since when should I be sending out emails to calm down panicked subscribers? Exactly how much do you pay to belong to this website??
If people are panicking about their equity investments, perhaps they should be investing in markets of considerably less risk. What do some of the rest of you think??

[sherryazure]

My thoughts

Mr. Market:

I haven't posted much since the site lost emails long ago but follow you now for many many years.

I am excellent at charts - therefore love reading your great and detailed write ups and am much appreciative. (an area I am deficient in).

I learned long ago with re to markets and various forums that each of us is responsible for our trades/investments. (and if there is a loss - look in the mirror and stop there).

I used to (with another person) run a ta site - and spent much time "educating" those who came to the site. (or so I thought) Later, when I stopped posting people really got pissed - I mentioned that the site was not for them to follow my ta skills (on a particular stock) but to provide education as how to learn about that skill set.

I realized most were not interested in learning "how to", but to follow my steps which was not my original intent.

To the original poster - MrMarket (who can well speak for him self) does in his own manner do "money management" by spreading out his money into various stocks.

Yes, there is the ibd and other educational sites that state to cut one's losses at x amount - but after this stock based (deep base and one has to consider why - volcano and market in general) one such as Mr. Market who bases his choices (I am assuming from following) strongly on fundamentals, (unless a surprise change crops up) must find comfort in his original analysis of fundamental issues and that even during a basing period - that all things being equal they will eventually rule the day.

I may not always agree with his entry point (ta wise) but that is my choice then to enter when I feel comfortable - and or to get out when I do not.

As well, he is most gracious to partake in this discussion in an open minded/hearted manner and you have courage to speak your mind! It is this type of back and forth that keeps forums alive and viable.

[mrmarket]

Mr. Market:

I haven't posted much since the site lost emails long ago but follow you now for many many years.

I am excellent at charts - therefore love reading your great and detailed write ups and am much appreciative. (an area I am deficient in).

I learned long ago with re to markets and various forums that each of us is responsible for our trades/investments. (and if there is a loss - look in the mirror and stop there).

I used to (with another person) run a ta site - and spent much time "educating" those who came to the site. (or so I thought) Later, when I stopped posting people really got pissed - I mentioned that the site was not for them to follow my ta skills (on a particular stock) but to provide education as how to learn about that skill set.

I realized most were not interested in learning "how to", but to follow my steps which was not my original intent.

To the original poster - MrMarket (who can well speak for him self) does in his own manner do "money management" by spreading out his money into various stocks.

Yes, there is the ibd and other educational sites that state to cut one's losses at x amount - but after this stock based (deep base and one has to consider why - volcano and market in general) one such as Mr. Market who bases his choices (I am assuming from following) strongly on fundamentals, (unless a surprise change crops up) must find comfort in his original analysis of fundamental issues and that even during a basing period - that all things being equal they will eventually rule the day.

I may not always agree with his entry point (ta wise) but that is my choice then to enter when I feel comfortable - and or to get out when I do not.

As well, he is most gracious to partake in this discussion in an open minded/hearted manner and you have courage to speak your mind! It is this type of back and forth that keeps forums alive and viable.

Nice to hear from you Sherry. Show us some more of that ta when you get time..

[steelman]

$$$Mr. Market$$$,

I have made a profit on every single one of your picks that I have invested in, since I have been coming to this site. Now, my entry and exits might have been a little different but the companies are solid.

Richard, A wise man once said,
"what you do with your money is up to you"

I am sure A lot of investors would be very happy with a 15% return in a year and PCLN was 15% in 3 months! I don't see where it's poor risk management when you invest in a good, solid company with great earnings, sales and cash flow growth. When you stick to these rules, you will win and see a realized profit the majority of the time and in my case, 100% of the time with $$$Mr. Markets$$$ picks. With PCLN, I watched in very closely for an entry. We know it will go to $281 because that is $$$MM's$$$ sell price. I actually got in with a $220 call when the stock was about $185. Seemed like a no-brainer. Good luck to you.