What other kind of rumors will EXPEDIA use next time to boost (transiently, very transiently) their stocks?
First rumor: someone created the rumour that Google might be interested in buying EXPEDIA. Why Google would be interested in buying a scam. They can easily search for “EXPEDIA scam” and find that EXPEDIA is scamming people.
Second rumour: Someone told that Barry Diller would take EXPEDIA private. Why would he be interested in take the full responsibility of the scam? Right now, there are many other that can be blamed for running a company that cheat travelers.
What is going to be the next rumour: “EXPEDIA will become a honest company” . Funny, but that might be the only way they can boost a company that is struggling to keep shares around 22-25 bucks.
Shareholders might be the next victim of EXPEDIA , (the new Enron). Be careful EXPEDIA share holders. EXPEDIA cannot scam forever. EXPE will eventually fall
like today (- 2.83 % , at ~2:30 pm ET) .