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TZOO - Sector: Services---Industry: Internet Information Providers

Started by eliteG, May 30, 2005, 09:28:04 PM

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eliteG

RICHL74 - a huge short position is absolutely one of the biggest positives n TZOO.  This can create a short squeeze.  This is where shorts are forced to cover their margin calls.  They panic and the stock jumps higher.  It has happened many times in TZOO.  Look at its rise in 2004.  And the huge short position is one of the reasons I chose it.  Check it out:
http://www.3stocksonfire.org/trading/index.php?topic=314.0

RichL74

Quote from: eliteG on June 15, 2005, 10:54:04 AM
RICHL74 - a huge short position is absolutely one of the biggest positives n TZOO. This can create a short squeeze. This is where shorts are forced to cover their margin calls. They panic and the stock jumps higher. It has happened many times in TZOO. Look at its rise in 2004. And the huge short position is one of the reasons I chose it. Check it out:
http://www.3stocksonfire.org/trading/index.php?topic=314.0

Quote from: toros on June 15, 2005, 10:53:55 AM
Short position of 40% is a good thing for the run actually, they have to cover in 1.5 days.

Thanks guys. I appreciate the sharing of your knowledge.

AustinPowers

Wow...what happened?  That was a fast drop! :o

eliteG

this is a very volatile stock..but it has not violated its breakout line...check charts above.  I believe it will have its large pop tomorrow with this new batch of shorters in.  Still 1/2 hour to close lets see.

toros

I definitely agree with you eliteG...

toros

It poped 3 dollars yesterday in the last 30 min..

David Randolph

The candlestick pattern isn't bearish on TZOO, although the stock couldn't keep its momentum. Volume was great yesterday, the technical breakout is still in place, no new technical information so I'll keep the stock.

David Randolph

Volume is so weak on TZOO that I dare to say who are the poor souls that are selling this pullback. It's obvious to me that TZOO will shot up higher at any moment. These two corrective days haven't made almost any technical damage to the breakout that TZOO had 3 days ago.

I shouldn't be so convinced about this stock since it is below my entry price (and when we're losing we should get more and more suspicious about the accuracy of our analysis), but what can I do, I love the chart !

Madeinchina

seems to be trickling down heavily unable to find a stable support level due to dangerously low volume and general lack of interest. im thinking the breakout momentum has fizzled out? does anyone have an opinion of where this will be mon-tuesday?

ST2

Hi Madeinchina,

All my favorite long-term indicators suggest TZOO is ready for a little upside movement.  Shorts positions appear to be drying up and a positive earnings report is expected to be released in only a month from now.  I'm down about 4 percent now and hope we find support soon.  Nevertheless, unless something drastic happens, I'm holding till earnings.

Good luck,

ST2

David Randolph

TZOO had a double breakout last Tuesday. That breakout was made with a 15% rise in just one day. We never know if the stock will zoom higher after a breakout or if it will pullback. I never wait for pullbacks, I always buy after a breakout, because I don't want to lose the move waiting for a pullback ...

But, many times pullbacks do indeed happen. What to do then?

Analyze the "quality" of the pullback, in terms of dimension and volume. Let's see the case of TZOO. The pullback almost didn't penetrate the breakout's white day - this is bullish behavior, the more the white candle is penetrated the less short term bullish is the stock. And what about volume, is it weak, or is it strong? It is weak, which suggests profit taking, a pause in fighting. That is, bears are not fighting here, what's happening is just that bulls are resting. You want to see small and low relative volume pullbacks if you're a bull in a stock as I am in TZOO.

eagerlearner

BUYINS.NET: TZOO, STM, EENC have been on BUYINS.NET naked short list for 13 consecutive trading days

Jun 16, 2005 (M2 PRESSWIRE via COMTEX) -- BUYINS.NET, www.buyins.net, announced today that these select companies have been on the NASDAQ, AMEX and NYSE naked short threshold lists for 13 consecutive trading days: Travelzoo, Inc. (TZOO), STMicroelectronics (STM) and Enterra Energy Trust (EENC). For a complete list of companies on the naked short lists please visit our web site.

Regulation SHO took effect January 3, 2005, and provides a new regulatory framework governing short selling of securities. It was designed with the objective of simplifying and modernizing short sale regulation and providing controls where they are most needed. At the conclusion of each settlement day, data is provided on securities in which: 1) there are at least 10,000 shares in aggregate failed deliveries for the security for five consecutive settlement days, and 2) these failures constitute at least 0.5% of the issuer's total shares outstanding. Regulation SHO mandates that, if a clearing agent has had a fail-to-deliver position for 13 consecutive settlement days, that clearing agent, and the broker/dealer it clears for, must purchase securities to close out its fail to deliver position.

Travelzoo, Inc. (TZOO) operates as an Internet media company that publishes travel offers from various travel companies. The company's publications include the Travelzoo Web site, the Travelzoo Top 20 email newsletter, and the Newsflash email product. It also operates SuperSearch, a pay-per-click travel search engine. The company's products provide advertising opportunities for airlines, hotels, cruise lines, vacation packagers, and other travel companies. These products also provide Internet users with a free source of information on current sales and specials from travel companies. Travelzoo is headquartered New York City. With 3.5 million shares in its float and 1.4 million shares declared short as of May 10th, the failure to deliver in shares of TZOO has not been resolved and a buy-in is imminent.

https://custom.marketwatch.com/custom/ameritrade2/html-story-comtex-priv.asp?guid={6AF28BC2-A7FC-46F3-BE6A-52E310CB7D21}&symb=TZOO&sid=1223425

David and co.  any comment on this ?
Thanks !

stocky

Travel season just starting I am sure this one will bode well for TZOO. Dont have a position in this stock.

eagerlearner

i have a small position in it , but looking at the fundamentals , it looks a bit overpriced :
Market Cap (intraday): 574.93M
Enterprise Value (20-Jun-05)³: 535.18M
Trailing P/E (ttm, intraday): 92.14
Forward P/E (fye 31-Dec-06)¹: 41.62
PEG Ratio (5 yr expected): 2.77
Price/Sales (ttm): 15.25
Price/Book (mrq): 13.83
Enterprise Value/Revenue (ttm)³: 13.92
Enterprise Value/EBITDA (ttm)³: 41.486

just a little comment from a newbie  :)

eagerlearner

look! it just shot up $1.50 in no time!  :o
hope it will reach my bought price at 37.60 soon!
cheers , good trading!