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Interesting Stock Reaction to Ctrip.com (CTRP)

 Aug 14, 2008 02:57 PM UTC
Tradermark
Return Risk
-12.69% LOW
Analyst
Symbol Sentiment Start Return Closed
CTRP Positive 08/14/08 -67.20% --

Graphic_arrow1 Via Fund my Mutual Fund:  

We're behind on earnings reports - there are quite a few this week and I've been unable to keep up with the volume, so we'll catch up over the next week.

Interesting reaction in the stock today for Ctrip.com (CTRP) as it is up nearly 20% - we hold very little so it's not really helping us. They beat analysts estimates by a wide margin but have provided very weak guidance (for them). Usually they lowball, but in the years I've been following the company I've never seen guidance of 15-20%. The market seems to be ok with it, perhaps since the stock has been beaten to such a pulp. The number of curveballs in this market is astounding - we've had far better results / guidance in other names and they've proceeded to sell off 30% within a week. Then a company with what I consider weak guidance gets a jump of almost 1/5th. Simply mind numbing action of late. The "othe...




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ROCK-STAR INVESTORS
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1 29.65 +61.65% 160
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