Page 221 - How to Make Money in Stocks Trilogy

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5,000,0000
1,800,000
8,000,000
Volume
3,000,00
Price
11
13
17
15
9
Jun 2008
Mar 2008
Dec 2007
+34%, +53%, +107%, to +126%
%
to +126%
2
earnings growth accelerated
Sep 2007
In the March, 2007 quarter,
2007 quarter
r
er
e
+
e
a
+107%
7
Jun 2007
h
0
+
+53%
%
o
n the March
h
g
5
a
Mar 2007
%
n
+34%
e
4
t
r
Priceline.com increased 320% in 85 weeks.
Dec 2006
Sep 2006
Jun 2006
Mar 2006
Precedent for Priceline.com was Redman 260 Precedent for Priceline com was Redman n n R c r Industries from January, 1968 y o S&P 500 220 190 n n Market correction Market correction o 160 Sell: breaks upper r p u a b e 140 channel line channel line i h 120 At buy point: i y
Dec 2005
Sep 2005
e
d
Mar 2005 Jun 2005
Dec 2004 Sep 2004
Priceline.com–2006 Weekly Chart Jun 2004 Mar 2004
Price = 20*eps 13 12 11 10 9.00 8.00 7.50 7.00 6.50 6.00 5.50 5.00 4.50 4.00 3.50 3.00 2.50 2.25 2.00 1.80 1.60 1.50 1.40 1.30 1.20 1.10 1.00 0.90 0.80 0.75 0.70 0.65 0.60 0.55 0.50 0.45