Damn, it was up quite a bit during the day, and looks like they must have guessed wrong on earnings, suddenly closing bell hits and now it's crashing big-time in after-hours literally within seconds.
Netflix, hehe.
- Thread starter The_Krakenite
- Start date
How many times did you already get burnt with this approach? Any skin left?
Tempting for ah bounce. But I'll play tomorrow's gap.
Luckily I only shorted ONE put around the 330 strike during the last Netflix sinking. Tomorrow Baby Buffett may show up on CNBC again and mention again how great it is and how he is doubling down his bet.
So knowing that, I'll try to short another contract first thing tomorrow morning if it hasn't rallied too high before 'you know who' shows up on camera.
So knowing that, I'll try to short another contract first thing tomorrow morning if it hasn't rallied too high before 'you know who' shows up on camera.
%%Tempting for ah bounce. But I'll play tomorrow's gap.
THAT mo chart of NFLX looks like the polar bears are slamming it thru the south pole ice\LOL\ for month.
Good thing i bought QLD + not more of TQQQ\NFLX is 1.16 % of qqq
HAVE traded FDN , but no wonder one of several reasons QLD has beaten FDN; fdn has a loser like FB in it[part of a %] ...................................................................................
Luckily I only shorted ONE put around the 330 strike during the last Netflix sinking. Tomorrow Baby Buffett may show up on CNBC again and mention again how great it is and how he is doubling down his bet.
So knowing that, I'll try to short another contract first thing tomorrow morning if it hasn't rallied too high before 'you know who' shows up on camera.
Maybe baby buffett and barbie buffett can get together and make terrible traders.
It's took years for me to be eventually right on this stock but it's finally happening. I said a long time ago without subscribers netflix is going to collapse. Yes it was a great stock to own and yes I did predict well in advance that it would drop but it did have a huge run higher while I predicted Netflix would eventually lose. It reminded me of AOL back in the late 90s, it was on a complete tear based off nothing but subscribers and then one day thay stopped and AOL collapsed. Same thing with Netflix. Netflix today has just too much competition, the streaming wars is here to stay for good. And with thay being said Netflix will one day be in the single digits like the AOL of the 1990s!!!!
re:nickname
You give him way too much credit. I would not associate their two names together.
If you can get through the horrible audio: