Price Action Alert: Will Liberty Tripadvisor Holdings Inc Short Squeeze Soon?

Price Action Alert: Will Liberty Tripadvisor Holdings Inc Short Squeeze Soon?

The stock of Liberty Tripadvisor Holdings Inc (NASDAQ:LTRPA) reached all time low today, Nov, 11 and still has $16.15 target or 5.00% below today’s $17.00 share price. This indicates more downside for the $1.27 billion company. This technical setup was reported by Barchart.com. If the $16.15 PT is reached, the company will be worth $63.50 million less.
Trading stocks at an all time low is not easy. Stock at an all time low usually experience even more downside due to very negative fundament. Even thought the pullback rate is high, shorting is not an easy job because the risk of being wrong is big and the risk-reward ratio is always worse than if trading lon only. About 215,269 shares traded hands. Liberty Tripadvisor Holdings Inc (NASDAQ:LTRPA) has declined 15.48% since April 11, 2016 and is downtrending. It has underperformed by 21.62% the S&P500.

According to Zacks Investment Research, “Liberty TripAdvisor Holdings, Inc.’s businesses consist of its subsidiaries TripAdvisor and BuySeasons. TripAdvisor is an online travel community, aggregating reviews and opinions from its community of travelers about destinations, accommodations, restaurants and activities throughout the world. BuySeasons is an online retailer of costumes and party supplies. Liberty TripAdvisor Holdings, Inc. is based in Englewood, Colorado.”

More recent Liberty Tripadvisor Holdings Inc (NASDAQ:LTRPA) news were published by: Nasdaq.com which released: “Relative Strength Alert For Liberty TripAdvisor Holdings” on November 09, 2016. Also Businesswire.com published the news titled: “Liberty TripAdvisor Holdings Enters into Variable Postpaid Forward Transaction” on June 07, 2016. Valuewalk.com‘s news article titled: “Liberty Tripadvisor Holdings Inc Rated Strong Buy; Stock Soars” with publication date: February 12, 2015 was also an interesting one.

LTRPA Company Profile

Liberty TripAdvisor Holdings, Inc. (TripCo), incorporated on July 25, 2013, is a holding company. The Company, through its ownership of interests in subsidiaries and other companies, is engaged in the online travel research and online commerce industries. TripCo holds the subsidiaries TripAdvisor, Inc. (TripAdvisor) and BuySeasons, Inc., which includes the retail businesses of BuyCostumes.com and Celebrate Express (BuySeasons), both of which operate as standalone operating entities.

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