TravelZoo Inc. (TZOO)

[spitsong]

Sold my shares

Frankly, I have no idea what this stock is doing, trading in the $90 range. I get the newsletter, I even acted on one of the items therein a few weeks ago to get a nice hotel room for a short getaway with my wife, but I don't see the revenue ($59M est. for 2005) to support a $1.45B market cap, I don't see the barrier to entry for larger competitors, and I sure as heck do see all of the analyst sell recommendations.

That said, I appreciate the freebie shares very much. It isn't often to get a handout that nice. If only I'd acted more quickly on redeeming my shares, I would have gotten an even better price. Heck, you might get an even better price in the short term by holding, but I'm cashing out while I think the getting is still good.