Travelzoo Inc. (TZOO) chart analysis : Typical parabolic rise .... let it go higher, then wait for the expected pull back ....Trailing PE : 65
Price/Book : 17
Price/Sale : 7
Good ROE and ROA
" An Internet media company, publishes travel and entertainment offers"
Why do I call TZOO a short candidate ?
1) Parabolic rise ...... You know how they end .......
2) Another BS "content is king" ..... (reminds me of all that internet bubble)
3) Its products provide advertising opportunities for airlines, hotels, cruise lines ... etc ... Until Facebook decides to do the samething
Trading plan :
A) Patience ! Let more fools push this stock higher :)
B) Catalyst : High crude prices = Bad news for airlines = bad news for travel .....
3 comments:
Hello Moise and thank you at this time for resumeing your entries and helping us learn and follow your observations. Take care..
Thanks for the comeback.
Starting to look like C is in buying range now.
Good call....that Price/Book is ridiculous!
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