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TravelZoo Inc. (TZOO) came out with better than expected earnings this morning which is causing the stock to spike above $33. TZOO stock hit a 52 week low recently around $21 when everyone gave up and sold. Now things appear to be looking up and short interest is still over 80%. The next three months for TravelZoo (TZOO) should get very interesting.
TravelZoo (TZOO) Short Interest - http://www.nasdaq.com/symbol/tzoo/short-interest
Sign Up for Local Deals - http://www.travelzoo.com/local-deals/ - check out - http://fly.com
Travelzoo Inc., an Internet media company, publishes travel and entertainment deals from travel and entertainment companies in North America and Europe. Its publications and products include the Travelzoo Websites, such as www.travelzoo.com, travelzoo.ca, travelzoo.co.uk, travelzoo.de, travelzoo.es, and travelzoo.fr; the Travelzoo Top 20 email newsletters; and the Newsflash email alert service. The company also provides the SuperSearch, a pay-per-click travel search tool; and the Travelzoo Network, a network of third-party Websites that list deals published by Travelzoo. In addition, Travelzoo Inc. operates Fly.com, a travel search engine that allows users to find the best prices on flights from various airlines and online travel agencies. Further, it offers Local Deals, a service that allows its subscribers to purchase vouchers for deals from local businesses, such as spas and restaurants through the Travelzoo Website. As of December 31, 2010, its advertiser base included approximately 2,000 travel companies, entertainment companies, and local businesses, including airlines, hotels, cruise lines, vacations packagers, tour operators, destinations, car rental companies, travel agents, theater and performing arts groups, restaurants, spas, and activity companies. Travelzoo Inc. was founded in 1998 and is headquartered in New York, New York.
That would have been a great thing to do a few weeks ago when TZOO was in the $28's and KOG was below $9. Now KOG is up 12% and TZOO is down 12%. You may have a better chance to do the switch over the summer.
Yes, but I am more willing to buy near or below the 52 week low - $21
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