Like John Kerry during a presidential campaign I'm flip flopping on Priceline.com (PCLN). I tried a very quick and dirty short last week which I exited for a 2% loss, just over $200. The stock has continued to roll since and as I said when I shorted it, I actually like the company's fundamentals. So now we have a much stronger technical outlook to go along with the growth story. Therefore, we are back in - last exit was February 2010.
Since the company reports in an off month there is no earnings risk until August. I've started with a 1.6% exposure.
Long Priceline.com in fund; no personal position