How long do you see the price continue to go up? I'm thinking about buying some more next week, just don't want it to drop back to .65 anytime soon? What do you think?About 17 minutes later one of the YTB insiders let it slip what was happening in YTB. I will let this go in all of its misspelled glory:
$414 Million last year in sales.So, how has YTB fared in the last two years?
There going to do over 1 Billion this year.
A b huge announcement is forth coming sometime next week and its not the UK expansion as this is not new news, my guess its a take over of maybe Orbitz or somethng like that. I mean they puchased a pretty big Canadian company here a few months back SUNRISE and to win any big race you have to eventually drop your comp. so I thining its something along these lines.
Now, with that said research current stock prices of the industry leaders Expedia is $22 a share. Now look at something like the softdrink industry Pepsi is at $58ish a share Coke $65. YTB is emerging every year as a increasing threat and there on pace to be the biggest provider of travel by 2010. So with the Cola industry example YTB sock will slowly run up again to $20plus dollars a share and I think this might happen as soon as 2009.
as for next week if tha announcementis along the lines of overtaking someone like Orbitz $2.15 Monday Close but agian it all depends on the time that major announementis made and as well as the day.
Also realize, that due to YTB having not disclosed year end numbers no one in the company with any know how of anything businss related would have been permitted to buy stock in the last little while without disclosure as to why, so Fridays surge was purely on the publics interest in YTB and its operations.