Who Owns the Stock Up $30 Today?

November 10th, 2009 by Mebane Faber

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Well, hopefully you do.

That is, if you are following either the Tiger Cubs or World Beta clone on AlphaClone you would own Priceline (PCLN).

Those two clones are up over 50% and 80% YTD. Not a misprint.

Other funds with large allocations to PCLN are ParCapital , Lone Pine Capital, Shumway Capital, Tiger Global, and Viking Global.

If you haven’s signed up yet, you better soon – the price doubles next month.

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The opinions expressed on this site are those solely of Mebane Faber and do not necessarily represent those of Cambria Investment Management, Inc. (“CIMI”). This website is made available for educational and entertainment purposes only. Mr. Faber is an Investment Adviser Representative of CIMI, an investment adviser registered with the states of California and Utah. This website is for informational purposes only and does not constitute a complete description of the investment services or performance of CIMI. Nothing on this website should be interpreted to state or imply that past results are an indication of future performance. A copy of CIMI’s Part II of Form ADV and privacy policy is available upon request. This website is in no way a solicitation or an offer to sell securities or investment advisory services. Mr. Faber and CIMI disclaim responsibility for updating information. In addition, Mr. Faber and CIMI disclaim responsibility for third-party content, including information accessed through hyperlinks. Faber receives affiliate commissions through Amazon and AlphaClone.

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