Fri 12 May 2006
Expedia (EXPE) - Saga Continued
Posted by RichSlick under Money Trades
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Well Expedia (EXPE) dropped a whopping 27% today. Life in the fast lane sometimes leaves roadkill…. I still own the stock and haven’t purchased back the 19 call contracts yet. I’m riding this one out and I’ll hold onto the stock come rain or shine. I suspect that the unusually trading activity on this stock along with the buyback program means something brewing in the background - perhaps a buyout/merger by/with one of the other travel sites? Only time will tell.










